Course Structure For Finance for Non-finance

1. Course Structure For Finance for Non-finance

2. About Finance for Non-Finance The most common reason for businesses that fail across the world is Poor FINANCIAL Management (no wonder the results of S&P survey in 2014 state that about 76% of Indian adults do not understand key financial concepts). It could be an issue of generating enough cash flow or running out of cash to run operations or not having right people managing money – it all boils down to the issue of Poor Financial Management. Numerous conversations with Founders and Business Owners across industries, brought up some surprising areas which applied almost to all the companies that fail to sustain themselves, let alone witness any growth! www.contetra.com

3. Personal Finance Personal finance is the financial management which an individual or a family unit performs to budget, save, and spend monetary resources over time, taking into account various financial risks and future life events. When planning personal finances, the individual would consider the suitability to his or her needs of a range of banking products (checking, savings accounts, credit cards and consumer loans). www.contetra.com

4. Borrowings & Investments A company is entitled to provide another company or body corporate with loans, investment, guarantee and securities, either with the consent of the board or that of the shareholders. This article covers the various provisions of Section 186 of Companies Act, 2013 which deals with inter-corporate loan and investment. All companies have a restriction and ceiling on the maximum amount of inter-corporate loan and investment. www.contetra.com

5. Concepts of Financial Statements Financial statements (or financial reports) are formal records of the financial activities and position of a business, person, or other entity. They typically include four basic financial statements accompanied by a management discussion and analysis: A balance sheet or statement of financial position, reports on a company'sassets,liabilities, and owners equity at a given point in time. A statement of changes in equity or equity statement, or statement of retained earnings, reports on the changes in equity of the company over a stated period of time. www.contetra.com

6. Balance Sheet In financial accounting, a balance sheet or statement of financial position is a summary of the financial balances of an individual or organization, whether it be a sole proprietorship, a business partnership, a corporation, private limited company or other organization such as Government or not-for-profit entity.  Assets, liabilities and ownership equity are listed as of a specific date, such as the end of its financial year. A balance sheet is often described as a "snapshot of a company's financial condition". www.contetra.com

7. Income Statement An income statement or profit and loss account statement of profit or loss, revenue statement, statement of financial performance, earnings statement, operating statement, or statement of operations) is one of thefinancial statements. An income statement is that it represents a period of time (as does the cash flow statement). This contrasts with the balance sheet, which represents a single moment in time. The income statement can be prepared in one of two methods. The Single Step income statement totals revenues and subtracts expenses to find the bottom line. www.contetra.com

8. Cash Flow Statement In financial accounting, a cash flow statement, also known as statement of cash flows, is a financial statement that shows how changes in balance sheet accounts and income affect cash and cash equivalents, and breaks the analysis down to operating, investing, and financing activities. The statement captures both the current operating results and the accompanying changes in the balance sheet. International Accounting Standard 7 (IAS 7), is the International Accounting Standard that deals with cash flow statements. www.contetra.com

9. Ratio Analysis A financial ratio or accounting ratio is a relative magnitude of two selected numerical values taken from an enterprise's financial statements. Often used in accounting, there are many standard ratios used to try to evaluate the overall financial condition of a corporation or other organization. Financial ratios may be used by managers within a firm, by current and potential shareholders(owners) of a firm, and by a firm's creditors.  Financial analysts use financial ratios to compare the strengths and weaknesses in various companies. www.contetra.com

10. Key Performance Indicators A performance indicator or key performance indicator is a type of performance measurement. KPIs evaluate the success of an organization or of a particular activity in which it engages. Often success is simply the repeated, periodic achievement of some levels of operational goal and sometimes success is defined in terms of making progress toward strategic goals. What is deemed important often depends on the department measuring the performance – e.g. the KPIs useful to finance will differ from the KPIs assigned to sales. www.contetra.com

11. For corporate sessions on 'Finance for Non-Finance' 8291-862-829 tausif.sayyed@contetra.com http://contetra.com/home/training/finance-for-non-finance-training/ .