In today's dynamic business environment, Financial knowledge and skills are fundamental to any executive or professional position in any organization to make informed business decisions.

This program enables professionals, mainly from functional areas other than finance, such as sales, marketing, human resource, research and development, production, and procurement, to gain an extensive working knowledge of critical accounting & financial principles in an easy-to-follow manner. It also enables them to make necessary business decisions involving cost-savings, budgets, new project decisions, growth strategies, etc.

Who Should Attend: 

• Professionals with little or no accounting/financial technical knowledge

• Managers, senior managers, and middle-level executives in non-financial positions need to improve their financial skills to make critical business decisions involving cost savings, budgets, new projects, growth strategies, etc.

• Entrepreneurs who are required to make daily business decisions regarding their companies.

• Self-employed professionals like lawyers, doctors, medical practitioners, etc.

Quick Overview: 

• Online Interactive Live Sessions Using Zoom

• Duration: 18 Hours 

• Number of Sessions: 3 Weeks, 6 Sessions (3 Hours per Each)

• Two Days per week from 7 PM till 10 PM.

• Practical Case Studies

Upon completion of this workshop, participants will be able to:

• Understand common financial language to communicate effectively with finance professionals within the organization.

• Comprehend the functions of financial management and its role in running the business.

• Recognize the purpose of the three significant financial statements: Income Statement, Statement of Financial Position, and Cash Flow Statement.

• Interpret a company's financial health and state based on the financial statements.

• Calculate and understand widely used financial Key Performance Indicators (KPIs) to assess the company's performance.

• Apply management accounting techniques and procedures of product costing and cost-volume-profit analysis to make informed business decisions.

• Identify the concept of the Time Value of Money and its implications in financial decision-making.

• Apply Capital Budgeting Techniques to evaluate and select investment opportunities for better decision-making.

• Understand how to calculate Capital Asset Pricing Model (CAPM) to determine the expected return on an investment.

• Understand how to calculate the Weighted Average Cost of Capital (WACC) to assess the cost of capital for a company.

• Evaluate new investment opportunities using appropriate financial evaluation techniques.

Module 1: Introduction to Financial Management Functions

• Understanding the Language of Finance

• Overview of Financial Management

• Management Accounting – Overview

• Clearing Up Accounting Terms

• Importance of Financial Language for Non-Financial Executives

• Interpreting Financial Statements

• Why Finance for Non-Finance Executive

Module 2: Financial Statements & Statements Analysis

• Financial Statements Analysis through Ratios

• Responsibilities of Accounting- Why is Working Capital Management Important?

• Understanding Financial Statements (uses and implications)

• Balance Sheet Reading Skills

• Income Statements Reading Skills

• Cash Flow Statements Reading Skills

• Profit Vs. Cash Flow

Module 3: Financial Techniques and Tools

• Management Accounting Techniques and Procedures

• Overview of Cost Accounting

• How does cost structure influence profit?

• What is Break Even, and why is it very crucial ?

• Time Value of Money

• Future Values and present values.

• Valuation of Future Cash flows

Module 4: Capital Budgeting Techniques

• Capital Budgeting

• Capital Structure Analysis

• Cost of Capital

• Cost of Debt

Module 5: Investment Analysis

• Investment Analysis Techniques

• Investment Decisions Vs. Financing Decisions Concept

• Risk & Return

• Investment decision criteria

Module 6: Financial Evaluation Techniques

• Practical Applications in Business Decision-Making

• Evaluating New Investments

• Using Financial Information for Decision-Making

Module 7: Conclusion and Recap

• Recap of the Topics Covered

• Importance of Understanding Financial Concepts for Informed Decision-Making