Certificate in Finance for Non-Finance Managers
- Offered byEY
Certificate in Finance for Non-Finance Managers at EY Overview
Duration | 24 hours |
Total fee | ₹20,000 |
Mode of learning | Online |
Credential | Certificate |
Certificate in Finance for Non-Finance Managers at EY Highlights
- Earn a certificate of completion from Ernst & Young
- Get Six months of LMS access
Certificate in Finance for Non-Finance Managers at EY Course details
- For Middle level Managers
- For Head of non-financial division/function
- For Non-Commerce Graduates
- Understand financial statements and its key elements
- Identify signals pointing to deterioration in financial condition
- Take part in discussions on current financial and economic issues
- Know the advantages of budgeting
- Analyze the reasons for variances between the actual and budgeted results
- Understand what the cost of business operations is and how to manage the same
- Learn the most important principles of budgeting
- Be able to prepare management information
- This program provides awareness and understanding of the ways finance affects business objectives
- The participants will get familiar with the form, content and analysis of financial statements and the main accounting principles and techniques
- The program may also help in the improvement of organizations’ performance by pointing out the importance of cost control, break even and variance analysis
- After completing the program, participants will be able to communicate comfortably with financial executives and discuss the financial performance of the organization effectively
Certificate in Finance for Non-Finance Managers at EY Curriculum
Understanding financial statements
Balance Sheet
Profit & Loss Statement
Cash Flow Statements
Notes to Financial Statements
Interpreting financial statements
Profits v. cashflows
Ratios and their Interpretations
Overview of Regulatory Structure
Different forms of Business
Overview of Companies Act 2013
Overview of Taxation structure in India
Understanding and analyzing costs for decision making
Types of cost
Understanding cost behaviour
Marginal costing
Make or Buy
Shut Down or Continue
Seller Process further
Domestic v. export sales
Creating and managing budgets
Understanding need for budgeting
Types of budgets — cash budgets, sales budgets, production budgets
Budget v. Actuals – Variance Analysis
Working Capital Management
Working Capital and its components
Working Capital cycle
Working Capital Management – Debtors
Creditors
Cash
Inventory
Evaluating investment proposals through Capital Budgeting
Need for Capital Budgeting
Assessing Investment Proposals
Techniques of Capital budgeting– Payback Period
Accounting Rate of Return
Net
Present Value
IRR
Sensitivity Analysis
Cost of capital and capital structure
Risk/ Return framework
Understanding the rate of return required by Debt and Equity holders
Weighted Average Cost of capital (WACC)
Means of financing
Share Capital
Term Loans
Debentures
Leasing
Other forms of Funding
Personal Tax Planning
Types of Income
Basics of tax planning, Exempt Income, Investment in tax saving avenues
Financial markets and instruments
Types of Financial Markets—Primary and Secondary
Financial Instruments— Shares, Debt Instruments
Derivatives (Future, Forward, option, swaps)
Exercises and case studies
For better understanding of concepts and reinforcement of learning