Marg Online

Marg Business Transformation
Training
Marg Business Transformation
Training

FINANCE FOR NON-FINANCE EXECUTIVES

ABOUT THE PROGRAM

Finance is the blood of Industry and Commerce which touches every part, in one or the other way. Those who are at the key positions in any organization do face problems relating to finance, day in and day out. Those problems will become more difficult if the executives facing the problem are from non-finance background. Hence a need is felt about the knowledge of some important aspects of finance. All executives must grasp the financial implications of their decision – from planning and implementing to results and feedback. This program is designed to provide an understanding of the key concepts in finance and financial reporting – and the vocabulary to discuss it with staff, peer and supervisors. The program blends broad financial principles with such practical necessities as how to understand and analyze financial reports, budgets, talk to accountants and financial managers and apply financial strategies to business

OBJECTIVES

The primary objectives is to increase knowledge levels of non-finance executives, managers and professionals in the area of accountancy and finance which will assist them to take better quality decisions to improve the top line and bottom line of their organization.

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    *Note: Marg shall reserve the right for cancelling or shifting the workshops virtually. The participants will be notified about any such changes accordingly.

    Who is this course for?

    This program is open to non-finance executives whose main expertise lies outside the accounting and financial management fields like marketing or sales managers, corporate development officers, directors of customer services, lawyers, engineers, architects, doctors, human resources personnel, department heads, administrators, private business owners and others with cross-functional team responsibilities, Management Trainees who do not possess Financial modeling skills. The program does not call for any knowledge in Accountancy and Finance

    The result- oriented process

    In addition to lectures, presentation and guided discussion, small group sessions allow participants to exchange experiences with others in the group and work through financial problems. Participants also have the opportunity to meet and interact with the trainer.

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    COURSE MATERIAL

    The total course material for the programme will be provided to the participants at the commencement of the course.
    WHY FINANCE MATTERS

    Why Finance Matters

    • Demystifying financial jargon

    • Accounting Standards

    • Accountability and responsibility for financial information
    THE KEY BUILDING BLOCKS OF FINANCIAL CONTROL

    Decoding the income statement

    • Differentiating income, operating and capital expense items

    • Putting the pieces together to measure profit and business success

    Analysing the balance sheet

    • Evaluating the worth of an established business

    • Distinguishing between fixed and current assets and liabilities

    • Defining depreciation and amortization

    • Linking the income statement to the balance sheet

    • Shareholder equity

    Learning the Finance Terminologies

    • Fixed Asset and Current Asset

    • Equity and Debt

    • Opex and Capex

    • Revenue and Income

    • Profit Center and Cost Center

    • Tangible and Intangible Assets/ Fictitious Assets
    CASH FLOW: THE LIFEBLOOD OF ORGANIZATIONS

    Making the key connection between business activity and cash flow

    • Differentiating between cash flow, profit and net worth

    • Connecting cash management to line management

    • Credit and cash flow--maximizing benefits and minimizing costs

    • How much cash is enough?

    The importance of depreciation and amortization

    • How depreciation impacts your budget over time

    • Methods for calculating depreciation

    • Advantages and disadvantages of various key methods

    • Impacting the management budget

    • Where depreciation rules come from
    PULLING IT ALL TOGETHER

    PULLING IT ALL TOGETHER

    • Applying financial tools and concepts in the real world

    • Evaluating a company's health through its annual report

    • Recognizing potential traps in creative accounting

    • Learning from recent examples
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    Workshop Facilitator

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    Dr. PUNITH CARIAPPA (30+ years of industry experience)

    Former Pro-Vice Chancellor, Group director for HE B.Ed. M.Com. M.Phil. MBA. Ph.d. Financial Analytics from IIM-Lucknow.

    • 30 years of experience in Teaching/Training with consistently good feedback and high ratings.
    • Has been the Dean, Director and other senior leadership positions of various universities.
    • Guest faculty at IIM-B.
    • Celebrated corporate trainer in finance.
    • Women leader award in Education Sector-under Leadership category 2023 - By Woman Leaders Forum - Asia`s Biggest Woman Dominance Conference.
    • Recognized as 10 must watch influential women leaders in Indian education by Higher Education Digest.
    • Winner of international inspirational women’s award-as Best woman Dean award.
    • Distinguished Alumnai.
    • Numerous Felicitations for her achievement in the field of academics.