26th and 27th November 2022 (10:00 am - 05:00 pm at IGTC Mumbai) 

Successful organizations manage the integration of business goals with financial goals. Career growths and heightened responsibilities demand the knowledge of business finance across all functions. Finance, indeed, is the language of business, it plays a key role in decision making. 

Aims at familiarizing participants with conceptual knowledge of basic financial and costing concepts that they can apply comfortably in their respective functional areas. 

Overview of Profit & Loss Account and Balance Sheet:
- Special reference to familiarization of basic concepts based on the Annual Report of a company
- Income & expenses, assets & liabilities, depreciation and fixed assets expansion, inventory and receivables 

 
Company Performance Evaluation through Ratio Analysis:
- Evaluation of specific aspects of performance
- Overall evaluation with DuPont Chart 

 
Working Capital Management:
- Concept and quantification of operating cycle 

Costing Concepts: 
- Fixed Costs and Variable Costs 

Application of Fixed Costs and Variable Costs Classification 
 
Pricing Decision:
- Accepting new order, product deletion decision 

Break-Even Analysis:
- Application to decision making 

Techniques of capital budgeting decision with the help of a practical project evaluation decision*
- Accounting Rate of Return, Payback period, Time value of money, DCF - NPV / IRR 

*Can be done in case of a 3-day programme 

Open to all professionals from non-finance functions - sales & marketing, operations, purchase and procurement SCM, HR among others
Click here for more details: https://igtcindia.com/mdp-and-open-training-programmes/finance-for-non-finance-professionals/