4.42 (678 reviews)
☑ 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
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'.
WHY FINANCE FOR NON FINANCE EXECUTIVES?
FINANCIAL STATEMENTS - MAKING PROCESS - USES - IMPLICATIONS
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
FINANCIAL ANALYSIS THROUGH RATIOS - WIDELY USED TOOL FOR UNDERSTANDING BUSINESS
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
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
Operating Profit Ratio
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- 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
Accountancy Accounting Book keeping
Relationship Between Accountancy, Accounting & Book Keeping
Difference Between Accounting & Book Keeping
Users of Accounting Information
Branches of Accounting
Debtors and Creditors
Purchase Sales and returns
Voucher and Invoice
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
Business Entity Concept
Basic Assumptions in Accounting
Basic Concepts in Accounting
Fundamental Principles of Accounting
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 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
Future Value of Fixed Cash Flows
Present Value of Amount
Present Value of Fixed Cash Flows
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
Preference Share Capital
Debentures or Bonds
Loans from Commercial Banks
Venture Capital Financing Introduction and Methods
Factors evaluated by VC in a Project
Financing of Export Trade by Banks
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
Loans available in banking channel
Letter of Credit
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
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
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 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
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
Introduction to Standard Costing Variances
Material Cost Variance
Material Price Variance
Material Usage Variance
CS Material Cost Variance
Introduction to Marginal 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
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
Choose the correct answer
I actually understood what he was talking about and I generally have no idea when it comes to this topic.
It absolutely give me more in depth understanding of what is Accounting and Finance Management, i did not know its two different things
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.
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...!!
Explanations are made so simple and so clear with very relatable examples. Can't wait for the remaining sessions!
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
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.
The course has started to go bit haywire. More practical examples need to be used to explain the technical terms.
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.
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.
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.
Course is holistic. Sections are a bit scattered though, can be sequenced better. Also, more focus needed on terminologies.
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.
Yes the way the course has been designed with various examples it becomes very easy to understand and grasp the concept. Really enjoying it !!
Yes, I am gaining an understanding the basic concepts and how they flow through the financial processes.