panel_start Introduction panel_end
Understanding Financial Statements
Absence of financial savvy can be Ã¢â‚¬Å“career-limiting.Ã¢â‚¬Â
Having a grasp of terms like EBITDA and net present value are important no matter where you sit on the org chart.
If one is unable to contribute to a discussion on the companyÃ¢â‚¬â„¢s performance, they are unlikely to advance.
Running & managing projects is not possible unless one understands the financials.
panel_start Key Takeaways panel_end
- To understand the metrics used to evaluate managerial decisions.
- To demonstrate an ability to connect day-to-day managerial decisions with the metrics.
- To develop skills in using information from the financial statements to evaluate the impact of managerial decisions.
- To understand how individual and team performance can be aligned with the KPIs and organizational goals and objectives.
panel_start Course Outline panel_end
Training Course Outline:
Fundamental Financial Concepts and Terms
- Common finance terms
- Cash flow
- Net present value
- Tangible assets
- And dozens more!
- The difference between cash and accrual accounting
- What every decision-maker must understand about Generally Accepted Accounting Principles
- Understanding the basic elements of a financial statement:
- Comprehensive income
- Gains and losses
- Basics for determining an organizationÃ¢â‚¬â„¢s financial health based on financial statements
The Ins and Outs of a Balance Sheet
- The balance sheet: A thumbnail sketch of a business
- What a balance sheet can Ã¢â‚¬â€ and canÃ¢â‚¬â„¢t Ã¢â‚¬â€ tell you about a company
- Assets explained:
- Tangible and intangible
- Fixed and liquid
- Real value
- Accounts receivable
- Current liabilities and current assets and equities defined
- Critical components of working capital
- Interpreting balance-sheet numbers for financial strength Ã¢â‚¬â€ and weakness
Analyzing the Profit and Loss Statement
- A P&L by any other name:
- Income statement
- Operating statement
- Statement of operations
- Profit and loss statement
- Which numbers indicate how revenue is generated
- The Ã¢â‚¬Å“cost of goodsÃ¢â‚¬Â formula and how to use it
- Understanding the role that depreciation plays
- Comparing a favorable and unfavorable P&L
- Examining a P&L statement to determine your business situation
Evaluating Financial Statements
- The purpose of the cash flow statement
- Analyzing the cash-flow statement to find out where resources are actually going
- How to recognize cash-flow problems before itÃ¢â‚¬â„¢s too late
- Forecasting cash flow Ã¢â‚¬â€ and using this insight when increasing staff, purchasing and cutting costs
- Change in equity statement: What it is and how to use it
- Annual reports: Where to find the numbers that tell the real story
- Other types of financial statements you may encounter
- Compute the Financial Ratios Used by Financial Analysts to Assess:
Ã¢â‚¬â€œ The Liquidity of a Business
Ã¢â‚¬â€œ The Profitability of a Business
Ã¢â‚¬â€œ The Risk of a Business
Critical 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
panel_start How to Register panel_end
- Fees: Rs. 3,500/- + 18% GST Per Person
- Please write to email@example.com
- Call or WhatsApp Pankita on 9769963790 / 9769579090
- Mention the name of participant, company, contact details.
- You will Receive a Certificate of course completion
- The course structure will be just like in the face to face workshops.