Enables Non-Finance professionals, especially from functional areas other than finance such as sales, marketing, production, research and development, human resource, procurement, to gain an immense working knowledge of complicated financial principles in an easy-to-apply concepts, enabling attendees to make critical business decisions which involve various aspects like budgets, cost-savings, new projects decisions involving project profitability, business and company growth strategies and more.
In this course on Finance for Non-Finance, we introduce the key concepts of finance so attendees of this program can contribute to their business success and allow it to flourish like never before. Focus will be on interpretation of financial statements and the language used by accountants. You will gain understanding how to implement Budgeting and Working Capital Management. Further will be discussed how to use ratio analysis for getting a sense on the company’s performance. In addition, the concepts of management decisions such as make-or-buy, shut-down etc. will be introduced to evaluate the implication of the same. The exciting part is also the lesson on Investment Appraisal where you will learn how to evaluate business proposals from a return viewpoint.
What will be covered: