Course Content
Key Financial Statements:
- Balance Sheet: Understand assets, liabilities, and equity.
- Income Statement: Analyze revenues, expenses, and profits.
- Cash Flow Statement: Track cash inflow and outflow.
- Interpreting for Decision Making: Learn how to read and interpret these statements to make informed decisions
Financial Analysis Techniques
- Profit and Loss Analysis: Techniques to analyze Income Statements.
- Cash Flow Analysis and Forecasting: Project future cash flows.
- Key Ratios: Utilize ratios for performance assessment.
- Break-even and ROI: Calculate break-even points and return on investment.
- Case studies –
- Project Management: Budgeting for project costs and analyzing ROI.
- Using ratios to assess company health and performance.
Practical Application in Projects
- Project Budgeting: Apply financial concepts in project budgeting.
- Financial Health of Projects: Make decisions based on project’s financial health.
- Risk Assessment: Financial risk analysis and mitigation.
- Case Studies: real-world examples of financial decision-making in projects.
- Cases:
- Sales & Marketing: Budget allocation for marketing campaigns.
- Finance: project investment analysis and risk management.
Financial decision-making
- Financial Decisions: Integrate financial analysis in strategy.
- Long-term Planning: Financial planning for future growth.
- Resource Allocation: Effective management of financial resources.
- Scenario Planning: Forecasting and preparing for future financial scenarios.
- Examples:
- HR: Strategic workforce planning based on financial projections.
- Supply Chain: Long-term procurement strategy and cost management.
Financial Measurement Tools and Techniques
- Tips for scanning any financial report and zeroing in on the pertinent numbers
- Calculating return on investment (ROI)
- Key financial indicators that will tell you if your organization is on the right track
- Using break-even analysis, forecasting and other financial tools to make informed decisions
- Valuable questions to ask before making any decision based on financial statement numbers
- Important ratios that every nonfinancial manager should understand