Basic Financial Modelling

Understanding the language of Finance and Recounting

• The Goals and Functions of Financial Management
• Basics of Finance and Accounting

Business Objectives

• Objectives of Business
• Need for measuring Business Performance

The Financial Statements

• Statement of Financial Position
• Statement of Profit or Loss and other Comprehensive income
• Statement of Changes in Owners' Equity
• Statement of Cash Flows
• Financial Statements Disclosures

Analysis oF Financial Statements

• Judging the Health of the Business
• Financial Ratios
• Interpreting Company Annual Reports

Cost Concepts and Decision-fflaking

• Cost-Volume-Profit Analysis
• Breakeven Analysis and Cost Behavior
• Economic Costs versus Accounting Costs
• Marginal Cost Analysis and Relevant Costs

The Budgeting Process

• Importance of Budgeting
• Guidelines and Techniques
• Approaches to Budgeting
• Budgetary Cost Control

Financial modelling

• The Time Value of Money
• Cost of Capital
• Methods in Evaluating Capital Projects
• Net Present Value and Internal Rate of Return
• Sensitivity and Risk Analysis