Finance for non finance
- Offered byKPMG
Finance for non finance at KPMG Overview
Duration | 16 hours |
Total fee | ₹15,000 |
Mode of learning | Online |
Credential | Certificate |
Finance for non finance at KPMG Highlights
- Earn a certificate of completion from KPMG
- Learn from real life case discussions
Finance for non finance at KPMG Course details
- For Managers, senior managers, middle level executives in non-financial positions
- Understand the implications of finance on various corporate activities
- Understand and analyse financial statements
- Be in a better position to discuss relevant financial issues with finance managers/stakeholders in their organisation
- Understand the impact of various decisions on a company?s performance
- Get practical insights and gain swift appreciation of the fundamentals of finance and accounting
- The Finance for non-finance programme enables professionals, especially from functional areas other than finance such as sales, marketing, human resource, research and development, production, procurement, to gain an extensive working knowledge of critical financial principles in an easy-to-follow manner, enabling them to make critical business decisions involving cost-savings, budgets, new projects decisions, growth strategies and so on
- Participants are able to understand and analyse financial statements as well as grasp the basic fundamentals of finance and accounting
- This programme aims to meet the requirements of operating managers who would like to be well versed with the introductory nuances of finance in different functional area
- Deciphering financial concepts and developing the ability to see the business implications of numbers is a key outcome of this programme
Finance for non finance at KPMG Curriculum
Basics of financial accounting and understanding financial statements
Balance sheet
P&L account
Cash flow statements
Profit v/s cash flow analysis
Working capital management
What is working capital?
Kinds of working capital
Operating cycle and components of working capital
Working capital management and decision-making
Cost information for decision-making and budgeting
Cost concepts including discussion on marginal costing
Some important cost definitions
Make or buy
Shut down or continue
Sell or process further
Domestic versus export sales
Need and type of budgets
Alternative approaches for budgeting
Commonly used budgets
Budgetary control process
Limitations of budgets
Case study and illustrations
Evaluation of investment projects
Meaning of capital budgeting
Approaches to capital budgeting
Techniques of capital budgeting
Practical application of net present value and internal rate of return
Features of capital budgeting decisions
Case study and illustrations