Finance for Non Finance
A working professional aspires to grow in their career. As they step higher on the ladder of their vocation, a strong foundation of finance becomes critical to achieve, sustain & succeed in the growth achieved. Moreover, at any employment level and position, working knowledge of basic financial principles is of paramount importance. This training program transforms financial and accounting concepts into decision-making tools… This course will help you to prepare for senior management positions, where financial awareness is crucial. This course is taught by finance experts with practical industry and training experience.
Participants will gain an understanding of key financial statements and learn practical applications of the most important and widely used financial techniques.
Finance for Non Finance Outline:
Overview:
- Financial accounting basics, systems
- Understanding financial terminology
- Differentiating between what is an expense, revenue, asset, liability
- Nature of costs and revenues
- Understanding Capex and Working Capital
Financial statements:
- Profit & loss statement
- Balance sheet
- Cash flow
- Identifying how each store manager impacts each cost
- Learning what actions can be taken to improve profitability & cash flow
Managing the financial performance
- Financial ratios
- Managing for profits, cash and growth
- Increasing velocity and thus improving profitability
- Identifying and managing risk
Breakeven analysis and decision making
- Defining fixed costs
- Defining variable costs
- Contribution margin formula
- Computing breakeven point
- Sensitivity analysis
Budgeting
- Definition & Role of budgeting
- Budgeting process
- Types of budgets and recent industry trends in budgeting
- Approaches to budgeting
Who should attend?
- Non Finance Executives
- Entrepreneurs
- Department Heads
- Employees aspiring to grow to highest position in the organisation
Why Delphi?
Certified & Professional Trainers
Our faculties are qualified & industry experts with significant experience in their domain.
Live Instructor Led Training
We conduct live classes through GoToMeeting, Zoom and other live meeting software.
Cloud e-learning portal
Get live class notifications, view class recordings, or practice questions all in one access.
Flexible Batch Timings
All our batch schedules are designed to support work while you study principle.
Placement Assistance
We guide you to benefit from the newly acquired global professional certification.
Reputed Study Materials
We provide internationally reputed study materials with our customized success slides.
Your success is our aim, earn professional certification with us and soar to the new heights of success.
Improve your CV, get your dream job!
