CERTIFIED PROFESSIONAL IN FINANCE FOR NON-FINANCIAL ENTREPRENEUR
This course on ‘Finance for Non-Finance Executives – A Complete Course’ will open the logic behind the need for ‘Effective Finance Management for Organizational Betterment’. “Ironically, whilst we all go for money, most laymen are alienated to financial knowledge, not because of intelligence but fear”
Eligibility Criteria(Who should attend this training)
Staff from any functional area including sales and marketing, business development, and operations. Participants may be in product, project, manufacturing or service businesses, as well as a not-for-profit organisations.
It will also be a good idea for finance colleagues to nominate the appropriate non-finance colleagues to attend this course.
Course Benefits
Interpret financial information correctly for decision-making
Understand the impact of your decisions and actions (or non-action) on the “bottom-line” performance of your organization
Bridge your communication gap with colleagues from the finance department
Understand the common yardsticks used in performance evaluation
Remove any “fear” over finance and the accompanying jargon
Reduce the risk of making wrong decisions
Increase the chance of getting the finance department’s endorsement on proposals
Knowledge acquired in this course can be applied to any type of business or set- up, including not-for-profit organization
Tests
No
Learning Aids
Yes
Course Material
Hard & Soft Copies of Study Material
Language of Instruction
English
Course summary
This Course is designed from Business’s Viewpoint, different from other approaches found in the market. Equip non-financial personnel with Business-Driven Financial knowledge Every decision in an organization revolves around Finance.
It may be a decision on Sales, Purchases, Acquiring Assets, Raising loans, etc. Hence, none in an organization can afford to be ignorant of Finance Management. Ignorance in Finance Management will turn out to be costly and businesses may not even exist to repent about it. Hence, it is pivotal that all the entrepreneurs and heads of departments have a fair knowledge of Financial Management Practices.
SECTION 1. Why Finance for Nonfinance Executives.
SECTION 2. Financial Statements- Making Process – Uses- Implications
SECTION 3. Financial Management Techniques- For Survival & Growth
SECTION 4. Financial Analysis through Ratios-Widely Used Tool For Understanding Business
SECTION 5. Fund Flow Analysis – Analyses Survival /Failure / Growth of Business
SECTION 6. Cash Analysis
SECTION 7. More About Accounting – Be clear On All Accounting Terms SECTION 8. Balance Sheet Reading Skills – Why it is very important?
SECTION 9. Time Value of Money – Money has Time Value? SECTION 10. How Business Financing Decisions Should Be Taken SECTION 11. How Cost Structure Influences Profit?
SECTION 12. What is Break-Even and Why is it very Crucial? SECTION 13. Bank Loan For Business – Related Aspects SECTION 14. How Bank’s Appraise Term Loans?
SECTION 15. Why Working Capital Management is Important? SECTION 16. How to prepare Project Report for Bank Loans? SECTION 17. How Investment Decisions should be taken SECTION 18. Overview of Cost Accounting
