Finance for Non Finance

Objectives

• To measure the Business Performance for effective Management of Resources
• To know the cost components and its behavior to have better Financial Planning
• To understand the role of Financial Statements in Business and Economy
• To use Management Accounting Technique for better Management Decisions

Course Overview

In new emerging Business World, Managerial Performance is measured by how effectively they achieve their Budgets. To be a successful Non-Financial Manager, one needs to have an understating of basic and concepts of Finance and Accounts, Budgets and Business Performance Measurement. This course will enable the Non-Finance Managers to use the Financial and Accounting concepts as decision making tools and apply them in order to improve Budget Management, Analyze the available Business Alternatives to select a best option and assess the Financial Viability of Projects.

Course Major Topics

• Introduction to Financial Statements
• Profit & Loss A/c Analysis
• Balance Sheet Analysis
• Cash Flow Analysis
• Costing Decisions
• Introduction to Financial Analysis
• Investment Appraisal
• Profit Margin
• Asset Turnover
• Return on Capital Employed