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Finance

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Finance for Non Finance Executives

Accounting and Finance Fundamentals for Non Finance Executives

4.42 (678 reviews)

Students

19.5 hours

Content

Jun 2021

Last Update
Regular Price

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What you will 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


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'.


Screenshots

Finance for Non Finance Executives
Finance for Non Finance Executives
Finance for Non Finance Executives
Finance for Non Finance Executives

Content

WHY FINANCE FOR NON FINANCE EXECUTIVES?

Promo

Introduction

FINANCIAL STATEMENTS - MAKING PROCESS - USES - IMPLICATIONS

Financial Statements

Income Statement and Balance Sheet

4 Financial Statement Making Process

5 Difference between Income, Liability, Expense and Assets

Sources and Uses of Funds

Profit and Cash

Quiz about Financial Statements

FINANCIAL MANAGEMENT TECHNIQUES - FOR SURVIVAL AND GROWTH

Fundamentals of Finance Management

Cost of Capital Part 1

Cost of Capital Part 2

Liquidity Management

FINANCIAL ANALYSIS THROUGH RATIOS - WIDELY USED TOOL FOR UNDERSTANDING BUSINESS

Financial Ratios

Current Ratio

Quick Ratio

Absolute Liquid Ratio

Basic Defense Interval Ratio

Quiz on Liquidiy Ratios

Capital Structure Ratio (Equity Ratio)

Capital Structure Ratios (Debt Ratio)

Capital Structure RAtios (Debt to Equity Ratio)

Coverage Ratios (DSCR)

Interest Coverage Ratio

Preference Dividend Coverage Ratio

Capital Gearing Ratio

Activity Ratios

Capital Turnover Ratio

Fixed Assets Turnover Ratio

Total Assets Turnover Ratio

Working Capital Turnover Ratio

Inventory Turnover Ratio

Inventory Holding Level

Debtors Turnover Ratio

Average Collection Period

Creditors Turnover Ratio

Average Payment Period

General Profitability Ratios

Gross Profit

Operating Ratio

Operating Profit Ratio

Expense Ratios

Net Profit Ratio

Overall Profitability Ratios

Return on Assets

Return on Capital Employed

Return on Share Holders Funds

Return on Equity Share Holders Funds

Earnings Per Share

Cash Flow Earnings

Dividend Per Share

Dividend Pay Out Ratio

Dividend Yield Ratio

Illustration on Return on Equity Share holders Funds

Market Value Ratio

Earnings Yield Ratio

Price Earnings Ratio

Price to Cash Flow Ratio

Book Value to Market Value Per Share

FUND FLOW ANALYSIS - ANALYSES SURVIAL / FAILURE / GROWTH OF BUSINESS

Fund Flow Analsyis Introduction

Fund Flow Analysis Example

Uses of Fund Flow Statement

CASH FLOW ANALYSIS - IS LIKE OXYGEN MOVEMENT

Cash Flow-Introduction

Cash Flow- Activities

Cash Flow-Operating Activity

Cash Flow-Investing Activity

Cash Flow- Financing Activity

MORE ABOUT ACCOUNTING - BE CLEAR ON ALL ACCOUNTING TERMS

Need and Importance of Accounting

Book Keeping and objectives

Advantages of Book Keeping

Accounting and Objectives

Accounting Process

Accounting Cycle

Accountancy Accounting Book keeping

Relationship Between Accountancy, Accounting & Book Keeping

Difference Between Accounting & Book Keeping

Users of Accounting Information

Branches of Accounting

Transaction

Capital

Assets

Liabilities

Drawings

Debtors and Creditors

Purchase Sales and returns

Voucher and Invoice

Account

Double Entry System Introduction

Double Entry Features

Classification of Accounts

Eg for classification of accounts

Golden Rules of accounting

Introduction to Depreciation Accounting

Methods of Deprection

Straight Line Method of Depreciation

Written Down Value Method of Deprecitation

Accounting Principles

Business Entity Concept

Basic Assumptions in Accounting

Basic Concepts in Accounting

Fundamental Principles of Accounting

Trial Balance

Methods and formats of Trial Balance

Introduction to Joint Venture

How Investments are accounted ?

Accounting for Fixed Investment Securities

Get Familiar with Bills Of Exchange

Know What Construction Contract Is !!!!

Rules of Royalty...

All About Hire Purchase and Installment sale

Introduction to Inventory

Definition and Features of Partnership

Accounting Rules in the absence of Partnership Deed

Difference between Fixed Capital and Fluctuating Capital Methods

Fixed Capital and Fluctuating Capital Methods

Introduction to Internal and External Reconstruction

What is Company?

Introduction to Single Entry System

Liquidation / Winding Up of Company

MANAGEMENT ACCOUNTING

Management Accounting and its Features

Management Accounting Information and its Use

Role of Management Accountancy

Impact of Changing Environment on Management Accounting

Total Quality Management Part 1

Total Quality Management Part 2

Beliefs of Total Quality Management

BALANCE SHEET READING SKILLS - WHY IT IS VERY IMPORTANT?

First Balance Sheet Reading Skill

Second Balance Sheet Reading Skill

Third Balance Sheet Reading Skill

TIME VALUE OF MONEY - MONEY HAS TIME VALUE?

Time Value of Money Introduction

Future Value of Single Amount

Doubling Period

Compound Effect

Compounding Computation

Future Value of Fixed Cash Flows

Present Value of Amount

Present Value of Fixed Cash Flows

EMI

HOW BUSINESS FINANCING DECISIONS SHOULD BE TAKEN?

Business Financing Decisions

Debt Vs Equity Financing

Understanding Equity Funding in Projects

Good Time and Bad Time for Debt Equity Financing

HOW COST STRUCUTRE INFLUENCES PROFIT?

Introduction to Leverage (Talking Head)

Leverage Formula (Talking Head)

Leverage and its Types

Leverage Concepts Example

Leverage Analysis and Sales Movement

TYPES OF FINANCING

Financial needs and sourcs of finance

Classification of Sources of Finance

Equity Capital

Preference Share Capital

Retained Profits

Debentures or Bonds

Loans from Commercial Banks

Commerical Paper

Venture Capital Financing Introduction and Methods

Factors evaluated by VC in a Project

Financing of Export Trade by Banks

Debt Securitisation

Leasing

Various Types of Lease

Difference between Finance Lease and Operating Lease

CAPITAL STRUCTURE DECISIONS FOR YOUR BUSINESS

Capital structuring Mix

Factors of Capital structuring mix

Desining Optimal Capital structuring (Talking Head)

Indifference Point - Taking Head

WHAT IS BREAK EVEN AND WHY IT IS VERY CRUCIAL?

Break Even Analysis

Break Even Point Example

Break Even Point Graph

BANK LOAN FOR BUSINESS - RELATED ASPECTS

Introduction - How to get Bank Loan for Business

When do they Expect Information

Types of Bank Loans for Business

Bank Loans for New Projects

Why Past Loans Matter

HOW BANK'S APPRAISE TERM LOANS?

Term Loan Appraisal By Banks

Term Loan - Nature of Project

Cost of Project and Means of Finance

What is Project Viability

Project Viability - Case Study

WHY WORKING CAPITAL MANAGEMENT IS IMPORTANT?

Working Capital Loan

Working Capital Cycle

Understanding Cash Credit

Cash Credit-Example

Loans available in banking channel

Letter of Credit

LC Computation

Bank Guarantee

Types of Bank Guarantees

Treasury and Cash Management

Management of Receivables

HOW TO PREPARE PROJECT REPORT FOR BANK LOANS?

Basics of Project Report

Cost of Project

Land Cost

Building Cost

Plant and Machinery Cost

Preliminary and Preoperative Expenses

Other Cost and Interest duirng Implementation

Provision for Contingency

HOW INVESTMENT DECISIONS SHOULD BE TAKEN?

Why Capital Budgeting (Talking Head)

Importance of Capital Investment (Talking Head)

Capital Budgeting Process (Talking Head)

Capital Budgeting Process (PPT Based Lecture)

Types of Capital Investment Decisions (Talking Head)

Project Cashflows (Talking Head)

Initial Cashflow (Talking Head)

Computation of Operational Cashflows(Share holders point of view) (Talking Head)

Operational Cashflows (Lenders) (Talking Head)

Terminal Cashflow (Talking Head)

Principle for Measuring Project Cashflows (Talking Head)

Case Study Cashflows (Talking Head)

Project Cash Flows (PPT Based)

Types of Capital Investment Decisions (PPT Based)

Principles for Measuirng Project Cash Flows (PPT Based)

Problems on Meauring cash flows (PPT Based)

Problem Measuring Cash Flows (PPT Based)

Cashflow computation (Excel Based)

Pay Back period Introduction

Pay Back Period Example

IRR

NPV

OVER VIEW OF COST ACCOUNTING

Introduction to Basic Cost Concepts

Costing, Cost Accounting and Accountancy

Difference between Cost Accounting and Financial Accounting.

Difference between Managment Accounting and Cost Accounting

Cost Classifications

cost sheet intro

cost classifcation for cost sheet

Simple cost sheet

Comprehensive cost sheet

Introduction to Material Costing

objectives of material cost controlling

Introduction to Labour Costing

Difference between Direct and Indirect Labour Cost

Introduction to Overheads Costing

Overheads Classification

Overhead by Functions

Overheads by Nature

Overheads by Element

Overheads by Controllability

Introduction to Standard Costing Techniques

Standard Cost Definition

Setting up of Standard Cost

Standard Costing Definition

Physical Standards

Introduction to Standard Costing Variances

Material Cost Variance

Material Price Variance

Material Usage Variance

CS Material Cost Variance

Introduction to Marginal Costing

Direct Costing

Difference between Marginal Costing and Direct Costing

Difference between Variable and Fixed Cost

What is Process Costing?

Basic features of Process Costing

Process Costing Procedure

Operation Costing

ON DEMAND VIDEOS (FOR CLARIFYING DOUBTS)

Journal and Ledger

INTRODUCTION TO AUDIT

Need for Auditing

Purpose of Auditing

Evolution of Auditing

Meaning of Auditing

Features of Auditing

Objectives of Auditing

Principal aspects of Auditing

Benefits of Auditing

Limitations of Auditing

Comprehensive Quiz

Choose the correct answer

Bonus Lecture


Reviews

V
Vandana12 October 2020

I actually understood what he was talking about and I generally have no idea when it comes to this topic.

T
Tomasi15 September 2020

It absolutely give me more in depth understanding of what is Accounting and Finance Management, i did not know its two different things

M
Mohinder27 July 2020

This course is indeed true value for money, primarily the amount and the quality of topics it covers. The are few topics e.g. IRR and some videos where the information is scattered and hard to understand. Overall great job Mr Raja.

S
Shishir20 June 2020

A brief brush up of the entire commerce we did until graduation...!! Finance is explained along with what is first required to know some parts of finance, and the way this sir explains is easily understood by everyone, i mean like if you are a non-finance executive also...!!

I
Ivory17 June 2020

Explanations are made so simple and so clear with very relatable examples. Can't wait for the remaining sessions!

V
Vaishnavi10 April 2020

Yess ....it was . I am only a commerce student who has just completed with 12th hsc boards and I had only basic knowledge about accounting but i did not know finance also take place in a crucial and helpful way

I
Indiresh6 April 2020

Concepts have been explained in a very clear manner with simple examples such that anybody can understand them. I have loved the course until now. Looking forward to the next half of the course.

V
Vijit20 March 2020

The course has started to go bit haywire. More practical examples need to be used to explain the technical terms.

I
Ibrahim2 February 2020

Because so far am enjoying what am learning for the first of my life about Accounting.It is an important section in any organization to play the core role of the company.

A
Amanda12 January 2020

Seems easy to follow and valuable. Didn’t give 5 because I haven’t taken any other udemy courses before so I have no reference.

T
T9 November 2019

The content is excellent and enjoyable, the pronunciation is ... well, is very Indian, no way around this. But if you work or plan to work in a global organization, learn to understand the various dialects and enjoy the excellent presentations in this course.

S
Shalaka20 October 2019

Course is holistic. Sections are a bit scattered though, can be sequenced better. Also, more focus needed on terminologies.

N
Nitin9 May 2019

A good course. So far I have completed "Intro" lecture. I feel the terms which are used for the first time in the lecture should be defined well. eg in this lecture the term Voucher and Trial Balance appeared but were not explained. I could not understand voucher (One of the steps of accounting). If I do not understand these two I would not be able to understand the process of accounting.

D
Dr2 May 2019

Yes the way the course has been designed with various examples it becomes very easy to understand and grasp the concept. Really enjoying it !!

C
Cleminatu27 February 2019

Yes, I am gaining an understanding the basic concepts and how they flow through the financial processes.


Coupons

DateDiscountStatus
4/25/202094% OFFExpired
11/30/202094% OFFExpired

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Udemy ID

6/25/2014

Course created date

4/25/2020

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