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Course Content :
Session
I - Understanding Financial Concepts: Basic
concepts in financial management and introduction to
financial statements.
Session
II - Understanding Financial Statements: In
this session the structure and contents of the Profit
& Loss A/c and the Balance Sheet and the relevance of
different items contained therein are explained.
The
first two sessions are intended to lay the foundation and
would be generic in nature.
Session
III - Good Finance Management : Two Rules
: Two
fundamental rules of good finance management, which, if
followed, can help organisations avoid a host of finance
mis-management related problems are explained in this
session. Rule
one deals with profitability management and Rule
two covers cash flow management. These
rules have
universal applicability and are not industry specific.
Session
IV - Good Finance Management : Two Rules... contd.
Session
V - Marginal Costing Principles : The
session helps participants to work out the Break Even
Point for their businesses/ projects, set targets for
achieving sales, determine pricing policy, assist in
marketing related decisions, understand the impact on
profitability of decisions pertaining to credit given to
customers, discounts offered etc.
Session
VI - Case Studies on & Practical Applications of
Marginal Costing
Session
VII - Ratio Analysis : Ratio
Analysis is also a powerful control tool and helps in
inter- and intra-company analysis and also in ensuring
that the organisation is performing within industry norms,
and if not, the steps to be taken for it to do so.
Session
VIII - Reading of Fund Flow Statements
: How
to read Funds Flow Statements to get an insight into the
happenings within an organisation, understand where the
money has gone and whether it has been put to right use. |
