Description
Trainings for Professional has exclusively designed a specialized course of Finance for Non-Finance which is designed to assist the non-finance executives to acquire a better understanding of finance. This certification is ideal for managers from various non-finance domains such as Human Resources, IT, Marketing, Purchase, Production and Production.
ABOUT Finance for non-finance
As one progresses in their careers, it becomes extremely essential for an executive to have a working knowledge of finance. Thus, it becomes mandatory for you to enhance your skills in this current cut-throat business environment. The course will help you become aware about the various financial concepts and become better equipped with the financial decision making tools, thus, enabling you to understand to translate and interpret an organisations’ performance in financial terms.
Trainings for Professional has customised the course in such a manner that it manages to address all the financial necessitates of non-finance professionals.
Learning outcomes
Over the due course of time, you will comprehend various key financial concepts and important principles covering various aspects leading to investment, and other tools and techniques in a simple and comprehensible manner to help non-financial professionals build and develop the much-required knack for financial reliance into your decision making. You will learn how the financial markets value the company you are working in. And perhaps the most popular, you will know how mergers and acquisitions create or destroy value.
THE IDEAL CANDIDATE FOR finance for non-finance
The course is designed for all Non-Finance Managers working in any Industry at Mid or Senior management level. All Non-Financial Professionals including IT Managers, Marketing Managers, Production Managers and Purchase Managers who need the financial knowledge to make various decisions, as your actions influence the company’s numbers.
career benefits
After the completion of the course, you will derive the following:
- Enhancing the skills of professionals in financial domain so that they have proficiency of the financial concepts and their key elements.
- Grasp the understanding of how business decisions made by an employee of an organisation can impact the entire company’s financial statements
- Understanding different divisions of Finance to make strategic and prudent decision.
- Being able to prepare relevant management information for their particular department by analysing the financial reports.
PREREQUISITE
Since this is a special course designed for Non-Finance professionals, you don’t require to have any prior financial qualification. However, being familiar with EXCEL (preferably 2007 or 2010) will be beneficial as the entire course uses case studies extensively on excel format designed to impart concepts in a simple and comprehensive manner.
Course Overview
Module 1: Building the Foundation on Excel
- Custom formatting in Microsoft Excel
- Learning to create a Layout on Microsoft Excel
- Understanding the EMI base case
- Understanding the various Excel shortcuts
- Understanding the Referencing Framework in Microsoft Excel
MODULE 2: Understanding Income Statement
- Understanding the Need of Financial Statements Analysis
- Understanding and learning about Income Statement
- Understanding the Income Statement of Accenture
- Understanding the Revenue recognition
MODULE 3: Balance Sheet, Cash Flow and Complete Business Perspective
- Interpretation of Balance Sheet
- Comprehending the Balance Sheet of Accenture
- Exercise on Balance Sheet
- Learning about the Cash Flow Statement
- Comprehending the Cash Flow Statement of Accenture
- Understanding the Comprehensive Business Perspective
MODULE 4: Learning about Ratio Analysis
- Learning the Basics of Ratios
- Understanding the Profitability Ratios
- Understanding the Liquidity Ratios
- Understanding the Activity Ratios
- Understanding the Solvency Ratios
- Understanding the Market Ratios
- Understanding the DuPont Analysis
MODULE 5: Understanding Corporate Finance
- Learning the Time Value of Money
- Understanding NPV and IRR functions of capital budgeting
- Learning and understanding the NPV Profile and the Crossover Rate
- Understanding the concept of Free Cash Flow to both Firm and Equity
- Learning about the Dividend Discount Model
- Understanding the concept of Relative Valuation-Trading & Transaction Multiples
MODULE 6: Break-even Analysis:
- Understanding Breakeven Analysis and the Breakeven Dashboard and the Breakeven Synergy
MODULE 7: Advanced Accounting Concepts:
- Understanding the Long Lived Assets and the concept of Depreciation
- Understanding the Straight Line Depreciation
- Understanding the Double declining depreciation
- Understanding the Deferred Taxes-Assets and Liabilities
- Understanding the concepts of Amortization and Goodwill
- Provision
- Understanding the Working Capital Management
- Understanding the Inventory Accounting
MODULE 8: Understanding about the Stock Comparison Tools and the Concept of Unit Economics
- Understanding the Mean, Median and Mode functions
- Understanding the function of Standard Deviation
- Understanding the Coefficient of Variation
- Understanding Unit Economics
MODULE 9: Accounting Abuses
- Understanding the motivations and motivations and the methods of Accounting Abuses
MODULE 10: Budgeting
- Understanding numerous concepts of budgeting