Finance For Non Finance Executives

Accounting and Finance Fundamentals for Non Finance Executives

Last updated 2022-01-10 | 3.9

- Understand why accounts are prepared?
- Understand what is Financial Management and how it is different from Accounting?
- Understand What are Financial Statements and how it is useful for Decision Making?

What you'll learn

Understand why accounts are prepared?
Understand what is Financial Management and how it is different from Accounting?
Understand What are Financial Statements and how it is useful for Decision Making?
Understand why knowledge Financial Management is essential to grow up in the Organisational Chart?
Understand Financial Ratios and its implications in various decisions.
Understand what is Working Capital Management

* Requirements

* This course assumes
* participants do not have any knowledge on Accounting and Finance. Hence
* course will start from fundamentals and does not mandate any requirements.

Description

Are you a Non Finance Executive struggling to understand Financial matters ? Are you interested in understanding accounting and financial matters revolving around Sales, Purchases, Asset Acquisitions, Fund raising, so you can take better decisions in your organisation?  Are you aware that Ignorance in Finance Management will turn out to be a costly affair and business may not even exist to repent about it? 

Then this course is for you - Finance for Non Finance Executives.

Why you should take this course?

  • Every decision in an organization revolves around Finance. 

  • If you are an entrepreneur, its crucial that you have knowledge of Financial Matters to manage your business effectively.

  • If you are head of a department like Production / Purchases / Sales, etc and if you aspire to grow in your hierarchy, financial knowledge is must.  

What you will learn by taking this course?

By taking this course, you will be exposed to

Sec 1 - Why Finance for Non Finance Executives

Sec 2 - Financial Statements making process - uses and implications

Sec 3 -Financial Management Techniques for survival and growth

Sec 4 - Financial Analysis through Ratios

Sec 5 - Fund Flow Analysis  for analysing Survival / Failure / Growth of Business

Sec 6 - Cash Flow Analysis - Like Oxygen Movement

Sec 7 - More about Accounting - Be clear on all accounting terms

Sec 8 - Management Accounting - Overview

Sec 9 - Balance Sheet Reading Skills - Why it is important?

Sec 10 - Time Value of Money - Money has time value?

Sec 11 - How Business financing decisions should be taken?

Sec 12 - How cost structure influences profit?

Sec 13 - Types of Financing

Sec 14 - Capital Structuring Decisions for your Business

Sec 15 - What is Break Even and why it is very crucial?

Sec 16 - Bank Loan for Business - related aspects.

Sec 17 - How Bank's appraise Term Loans

Sec 18 - Why Working Capital Management is Important?

Sec 19 - How to prepare Project Report for Bank Loans

Sec 20 - How Investment Decisions should be taken?

Sec 21 - Overview of Cost Accounting

Sec 22 - On Demand Videos for clarifying doubts

Sec 23 - Overview of Auditing

How this course is structured?

This  course is structured in self paced learning style. Each and every section of this course is broken down as various micro lectures.  This  course is presented in simple language with examples. This course has  video lectures (with writings on Black / Green Board / Note book / Talking head, etc).  

What are the pre-requisites for taking this course?

You would require  good internet connection for interruption free learning process - You can approach this course with fresh mind.

How this course will benefit you?

This course will open up the logic behind need for 'Effective Finance Management for Organizational Betterment'.

Who this course is for:

  • Non Finance Executives
  • Entrepreneurs
  • Department Heads
  • Employees aspiring to grow to highest position in the organisation
  • MBA Students

Course content

25 sections • 270 lectures

Promo Preview 03:16

Introduction Preview 11:49

In the section we are going to covered three topics :

1. Why everyone should know finance?

2. What is Accounting?

3. The difference between Accounting & Finance Management?

Financial Statements Preview 05:27

Financial statements are reports prepared by a company's management to present the financial performance and position at a point in time. A general-purpose set of financial statements usually includes a balance sheet, income statements, statement of owner's equity, and statement of cash flows.

Income Statement and Balance Sheet Preview 14:54

4 Financial Statement Making Process Preview 07:01

5 Difference between Income, Liability, Expense and Assets Preview 05:27

Sources and Uses of Funds Preview 14:24

Profit and Cash Preview 13:20

Quiz about Financial Statements

Fundamentals of Finance Management Preview 08:53

Cost of Capital Part 1 Preview 13:02

Cost of Capital Part 2 Preview 08:45

Liquidity Management Preview 25:04

Financial Ratios Preview 09:09

Financial ratios are relationships determined from a company's financial information and used for comparison purposes. Examples include such often referred to measures as return on investment (ROI), return on assets (ROA), and debt-to-equity, to name just three.

Current Ratio Preview 10:07

Quick Ratio Preview 04:01

Absolute Liquid Ratio Preview 02:49

Basic Defense Interval Ratio Preview 01:47

Quiz on Liquidiy Ratios

Capital Structure Ratio (Equity Ratio) Preview 02:36

Capital structure refers to the degree of long term financing of a business concern as in the form of debentures, preference share capital and equity share capital including reserves and surplus. There should be a proper mix between debt capital and equity capital.

Capital Structure Ratios (Debt Ratio) Preview 02:00

Capital Structure RAtios (Debt to Equity Ratio) Preview 02:53

Coverage Ratios (DSCR) Preview 04:30

Interest Coverage Ratio Preview 03:04

Preference Dividend Coverage Ratio Preview 00:57

Capital Gearing Ratio Preview 03:40

Activity Ratios Preview 00:44

Capital Turnover Ratio Preview 02:44

Fixed Assets Turnover Ratio Preview 02:00

Total Assets Turnover Ratio Preview 03:02

Working Capital Turnover Ratio Preview 00:41

Inventory Turnover Ratio Preview 04:59

Inventory Holding Level Preview 02:20

Debtors Turnover Ratio Preview 05:33

Average Collection Period Preview 03:11

Creditors Turnover Ratio Preview 05:11

Average Payment Period Preview 02:29

General Profitability Ratios Preview 02:40

Gross Profit Preview 01:40

Operating Ratio Preview 04:15

Operating Profit Ratio Preview 01:10

Expense Ratios Preview 02:27

Net Profit Ratio Preview 00:53

Overall Profitability Ratios Preview 01:04

Return on Assets Preview 07:38

Return on Capital Employed Preview 02:23

Return on Share Holders Funds Preview 01:13

Return on Equity Share Holders Funds Preview 01:48

Earnings Per Share Preview 00:41

Cash Flow Earnings Preview 01:46

Dividend Per Share Preview 00:47

Dividend Pay Out Ratio Preview 01:53

Dividend Yield Ratio Preview 01:05

Illustration on Return on Equity Share holders Funds Preview 04:12

Market Value Ratio Preview 00:47

Earnings Yield Ratio Preview 00:38

Price Earnings Ratio Preview 04:25

Price to Cash Flow Ratio Preview 00:55

Book Value to Market Value Per Share Preview 02:14

Fund Flow Analsyis Introduction Preview 06:56

Fund Flow Analysis Example Preview 07:32

Uses of Fund Flow Statement Preview 01:55

Cash Flow-Introduction Preview 04:13

Cash Flow- Activities Preview 01:38

Cash Flow-Operating Activity Preview 04:46

Cash Flow-Investing Activity Preview 01:14

Cash Flow- Financing Activity Preview 01:15

Need and Importance of Accounting Preview 04:54

Book Keeping and objectives Preview 04:59

Advantages of Book Keeping Preview 05:40

Accounting and Objectives Preview 04:19

Accounting Process Preview 05:56

Accounting Cycle Preview 03:24

Accountancy Accounting Book keeping Preview 01:21

Relationship Between Accountancy, Accounting & Book Keeping Preview 01:41

Difference Between Accounting & Book Keeping Preview 02:21

Users of Accounting Information Preview 03:58

Branches of Accounting Preview 02:05

Transaction Preview 03:19

Capital Preview 01:35

Assets Preview 01:57

Liabilities Preview 01:06

Drawings Preview 00:25

Debtors and Creditors Preview 02:24

Purchase Sales and returns Preview 02:32

Voucher and Invoice Preview 01:33

Account Preview 01:05

Double Entry System Introduction Preview 03:15

Double Entry Features Preview 02:04

Classification of Accounts Preview 06:16

Eg for classification of accounts Preview 05:56

Golden Rules of accounting Preview 01:55

Introduction to Depreciation Accounting Preview 13:47

Methods of Deprection Preview 00:43

Straight Line Method of Depreciation Preview 03:09

Written Down Value Method of Deprecitation Preview 03:35

Accounting Principles Preview 06:00

Business Entity Concept Preview 03:22

Basic Assumptions in Accounting Preview 05:13

Basic Concepts in Accounting Preview 08:15

Fundamental Principles of Accounting Preview 06:29

Trial Balance Preview 06:35

Methods and formats of Trial Balance Preview 04:50

Introduction to Joint Venture Preview 06:34

How Investments are accounted ? Preview 24:23

Accounting for Fixed Investment Securities Preview 16:22

Get Familiar with Bills Of Exchange Preview 07:41

Know What Construction Contract Is !!!! Preview 05:18

Rules of Royalty... Preview 02:58

All About Hire Purchase and Installment sale Preview 06:58

Introduction to Inventory Preview 03:12

Definition and Features of Partnership Preview 02:27

Accounting Rules in the absence of Partnership Deed Preview 02:16

Difference between Fixed Capital and Fluctuating Capital Methods Preview 01:45

Fixed Capital and Fluctuating Capital Methods Preview 04:09

Introduction to Internal and External Reconstruction Preview 02:59

What is Company? Preview 01:16

Introduction to Single Entry System Preview 02:56

Liquidation / Winding Up of Company Preview 01:18

Management Accounting and its Features Preview 03:18

Management Accounting Information and its Use Preview 04:06

Role of Management Accountancy Preview 05:28

Impact of Changing Environment on Management Accounting Preview 06:17

Total Quality Management Part 1 Preview 06:28

Total Quality Management Part 2 Preview 04:39

Beliefs of Total Quality Management Preview 02:47

First Balance Sheet Reading Skill Preview 06:21

Second Balance Sheet Reading Skill Preview 10:57

Third Balance Sheet Reading Skill Preview 08:36

Time Value of Money Introduction Preview 03:31

Future Value of Single Amount Preview 03:37

Doubling Period Preview 01:42

Compound Effect Preview 01:52

Compounding Computation Preview 01:56

Future Value of Fixed Cash Flows Preview 02:43

Present Value of Amount Preview 01:04

Present Value of Fixed Cash Flows Preview 02:41

EMI Preview 02:13

Business Financing Decisions Preview 02:02

Debt Vs Equity Financing Preview 06:25

Understanding Equity Funding in Projects Preview 06:10

Good Time and Bad Time for Debt Equity Financing Preview 08:56

Introduction to Leverage (Talking Head) Preview 08:32

Leverage Formula (Talking Head) Preview 11:28

Leverage and its Types Preview 03:43

Leverage Concepts Example Preview 06:10

Leverage Analysis and Sales Movement Preview 07:21

Financial needs and sourcs of finance Preview 07:00

Classification of Sources of Finance Preview 03:02

Equity Capital Preview 04:37

Preference Share Capital Preview 07:35

Retained Profits Preview 01:29

Debentures or Bonds Preview 07:12

Loans from Commercial Banks Preview 06:08

Commerical Paper Preview 01:26

Venture Capital Financing Introduction and Methods Preview 03:00

Factors evaluated by VC in a Project Preview 03:14

Financing of Export Trade by Banks Preview 04:13

Debt Securitisation Preview 03:28

Leasing Preview 01:49

Various Types of Lease Preview 03:02

Difference between Finance Lease and Operating Lease Preview 01:26

Capital structuring Mix Preview 01:49

Factors of Capital structuring mix Preview 05:35

Desining Optimal Capital structuring (Talking Head) Preview 05:29

Indifference Point - Taking Head Preview 07:16

Introduction - How to get Bank Loan for Business Preview 07:37

When do they Expect Information Preview 03:39

Types of Bank Loans for Business Preview 03:59

Bank Loans for New Projects Preview 01:18

Why Past Loans Matter Preview 04:52

Term Loan Appraisal By Banks Preview 03:53

Term Loan - Nature of Project Preview 01:30

Cost of Project and Means of Finance Preview 07:21

What is Project Viability Preview 01:53

Project Viability - Case Study Preview 10:07

Working Capital Loan Preview 03:08

Working Capital Cycle Preview 06:05

Understanding Cash Credit Preview 03:45

Cash Credit-Example Preview 05:37

Loans available in banking channel Preview 01:42

Letter of Credit Preview 02:43

LC Computation Preview 02:47

Bank Guarantee Preview 03:39

Types of Bank Guarantees Preview 02:12

Treasury and Cash Management Preview 06:00

Management of Receivables Preview 06:04

Basics of Project Report Preview 02:04

Cost of Project Preview 00:47

Land Cost Preview 00:43

Building Cost Preview 01:13

Plant and Machinery Cost Preview 03:03

Preliminary and Preoperative Expenses Preview 01:18

Other Cost and Interest duirng Implementation Preview 01:59

Provision for Contingency Preview 01:14

Why Capital Budgeting (Talking Head) Preview 09:14

Importance of Capital Investment (Talking Head) Preview 01:37

Capital Budgeting Process (Talking Head) Preview 01:17

Capital Budgeting Process (PPT Based Lecture) Preview 01:36

Types of Capital Investment Decisions (Talking Head) Preview 02:47

Project Cashflows (Talking Head) Preview 01:07

Initial Cashflow (Talking Head) Preview 12:31

Computation of Operational Cashflows(Share holders point of view) (Talking Head) Preview 11:02

Operational Cashflows (Lenders) (Talking Head) Preview 08:52

Terminal Cashflow (Talking Head) Preview 03:36

Principle for Measuring Project Cashflows (Talking Head) Preview 05:25

Case Study Cashflows (Talking Head) Preview 04:31

Project Cash Flows (PPT Based) Preview 04:31

Types of Capital Investment Decisions (PPT Based) Preview 02:03

Principles for Measuirng Project Cash Flows (PPT Based) Preview 02:01

Problems on Meauring cash flows (PPT Based) Preview 02:31

Problem Measuring Cash Flows (PPT Based) Preview 10:38

Cashflow computation (Excel Based) Preview 16:08

Cash Flow Perspective (Excel Based) Preview 13:18

Pay Back period Introduction Preview 02:51

Pay Back Period Example Preview 03:41

IRR Preview 07:05

NPV Preview 10:49

Introduction to Basic Cost Concepts Preview 04:59

Costing, Cost Accounting and Accountancy Preview 02:33

Difference between Cost Accounting and Financial Accounting. Preview 05:09

Difference between Managment Accounting and Cost Accounting Preview 03:04

Cost Classifications Preview 02:21

cost sheet intro Preview 02:33

cost classifcation for cost sheet Preview 02:22

Simple cost sheet Preview 04:05

Comprehensive cost sheet Preview 06:53

Introduction to Material Costing Preview 05:59

objectives of material cost controlling Preview 02:21

Introduction to Labour Costing Preview 02:46

Difference between Direct and Indirect Labour Cost Preview 02:23

Introduction to Overheads Costing Preview 03:56

Overheads Classification Preview 02:58

Overhead by Functions Preview 06:33

Overheads by Nature Preview 04:47

Overheads by Element Preview 04:52

Overheads by Controllability Preview 02:14

Introduction to Standard Costing Techniques Preview 02:55

Standard Cost Definition Preview 02:55

Setting up of Standard Cost Preview 04:12

Standard Costing Definition Preview 02:23

Physical Standards Preview 03:23

Introduction to Standard Costing Variances Preview 02:06

Material Cost Variance Preview 04:19

Material Price Variance Preview 03:41

Material Usage Variance Preview 09:16

CS Material Cost Variance Preview 05:57

Introduction to Marginal Costing Preview 01:16

Direct Costing Preview 00:59

Difference between Marginal Costing and Direct Costing Preview 01:58

Difference between Variable and Fixed Cost Preview 04:20

What is Process Costing? Preview 02:06

Basic features of Process Costing Preview 01:19

Process Costing Procedure Preview 01:57

Operation Costing Preview 01:20

Need for Auditing Preview 01:23

Purpose of Auditing Preview 02:54

Evolution of Auditing Preview 03:44

Meaning of Auditing Preview 03:12

Features of Auditing Preview 03:10

Objectives of Auditing Preview 03:54

Principal aspects of Auditing Preview 05:49

Benefits of Auditing Preview 04:24

Limitations of Auditing Preview 02:39

Choose the correct answer

Choose the correct answer