30 Hours(For Regular Course)

4-8 Hours(For Capsule Course)

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Finance for non-finance professionals

This web-based training course on Finance for non-finance professionals functionality, administration and development, is available online to all individuals, institutions, corporates and enterprises in India (New Delhi NCR, Bangalore, Chennai, Kolkatta), US, UK, Canada, Australia, Singapore, United Arab Emirates (UAE), China and South Africa. No matter where you are located, you can enroll for any training with us - because all our training sessions are delivered online by live instructors using interactive, intensive learning methods.

In an operational business environment, professionals who have knowledge and background in finance are valued the most. This is because they are considered as having the greatest efficiency when it comes to management in practical situations. A grasp at financial concepts takes professionals a long way in making successful and effective decisions, and is highly essential for professionals at a senior position to be able to work with financial tools. Time and again, employees encounter the need to work with financial statements, comprehend costs and cost control methods, decide over prices, opt for the most suitable mix of products, etc. All of these tasks, when faced by a manager with a non-financial background, become a hitch in their efficient working. To overcome this problem, the best solution is to go for online training which provides certification in accounting techniques. Such a finance course is especially designed to be understood by non-financial professionals, equipping them with comprehensive knowledge of the manner in which finance has a great effect in business aspects. The course inculcates insight on areas of finance and pricing, enabling them to take on successful decision-making roles.

Finance for Non-Finance Professionals course brings attendees to be able to understand financial concepts and content, and analyze financial statements, while making them familiar with chief principles and techniques involved in accounting. The program, therefore, allows employees to improve the operational efficiency and performance of their organizations' functions by lending due focus to analysis of variance, breakeven, and cost reduction. The main goal of any enterprise is to build business and obtain profits. A finance training is the simplest way to become adept in performing management functions in a role with efficiency and efficacy for success in endeavors. The course does not demand any prerequisites on the part of its students.

Course Introduction

  • Introduction to the course plan
  • Familiarization with basic financial concepts
  • Introduction to different financial processes

Financial Statements

  • Foundations of financial statements
  • Why we use financial statements
  • Why it is important to take financial measures
  • Defining the concept of financial accounting
  • Policies and purposes of financial accounting
  • More principles pertaining to financial accounting
  • Defining the concept of management accounting
  • Why management accounting is used
  • Comparison between management accounting and financial accounting
  • Real Accounts, Personal and Nominal
  • The four different categories in accounts
  • Cycle of accounting
  • The three different kinds of financial statements
  • Conventions in accounting

Profit and Loss Accounts

  • Foundations of profit and loss accounts
  • Why we use profit and loss accounts
  • Details of profit and loss accounts
  • Working with profit and loss accounts
  • Elements comprised in a profit and loss account
  • Costs comprised in a profit and loss account
  • How to calculate retained earnings

Balance Sheets

  • Introduction to balance sheets
  • Why we use balance sheets
  • Defining the term balance sheets
  • Sources and Applications of funds in balance sheets
  • Concept of owner's equity - sources of funds
  • Concept of reserve and surplus - sources of funds
  • Concept of term liabilities - sources of funds
  • More on sources of funds
  • Applications of funds
  • Format of a balance sheet
  • Relationship between the balance sheet and the profit and loss account

Cash Flow

  • Understanding cash flow
  • Analyzing cash flow

Decisions in Costing

  • Introduction to costing decisions
  • Why costing decisions are important
  • Information System of accounting
  • Applications of cost data
  • Different kinds of cost
  • Concept and example of variable and fixed costs
  • Elements comprised in cost
  • Structure and processes in cost - Classifying different costs
  • Structure and processes in cost - Methods used for costing
  • Concept of breakeven point
  • Costing of a product

Introducing Financial Analysis

  • Concept of financial analysis
  • Why conduct financial analysis
  • Understanding financial analysis
  • Steps involved in financial analysis
  • Applications of financial analysis
  • Different sources of data for financial analysis
  • Practical operation of financial analysis
  • Categorization of financial ratios
  • Concept of profitability ratio
  • Understanding return on investment
  • Different liquidity ratios
  • Different activity ratios
  • Different leverage ratios
  • Other types of ratios

Appraisal in Investment

  • Concept of investment appraisal
  • Purpose of investment appraisal
  • Understanding cash flow and relevant costs
  • Evaluation of incremental cash flow
  • Concept of payback
  • Discount and present value
  • Cash flow - discounted
  • Analysis of sensitivity

Margin for Profit

  • Concept of profit margin
  • Purpose of profit margin
  • Profit margin ratio
  • Gross profit margin - consideration of industry
  • Net profit margin - consideration of industry
  • Operating profit margin - consideration of industry
  • Supermarkets - relevant profit margins
  • Supermarkets - profit margins subcategory
  • Aircraft manufacturing industry - relevant profit margins
  • Flowcharts for profit margins

Turnover of Assets

  • Introduction to asset turnover
  • Purpose of asset turnover
  • Definition of asset turnover
  • Different working capital ratios
  • Asset Turnover-Fixed
  • More relevant concepts
  • Supermarket - consideration of industry
  • Aircraft Manufacturing - consideration of industry

Return on Capital Employed

  • Understanding return on capital
  • Purposes
  • Concept of return on capital employed
  • Elements covered in ROCE (Net Operating Profit)
  • Comparing ROCE
  • Conducting financial analysis through ROCE

This course allows you to perform management roles in your professional position without difficulty, by familiarizing you with the fundamentals of finance. The individual attendees will be able to carry out market surveys, determine feasible prices and costs, and perform other such functions which are inherently challenging for any professional without an educational background in finance. Comprehension of important financial data, understanding the consequences of different decisions, demonstration of effective accounting and financial management, and communication with specialists of finance will all become handy tasks that you can smoothly take care of in your everyday professional life.

This program is specialized to help non-financial managers, managers at mid-level, division heads, team function heads, self-employed workers, business owners, and managers who are a part of a trust, corporation or society. It helps them gain a fundamental foundation in dealing with primary financial processes and relevant documents.

1. Are lab-sessions available after theory sessions?

We provide online lab facilities to all our students, wherever possible & applicable, using a combination of one or more options, including global ASP setups, live-environments, real-time simulations, training-videos, PPTs, Screenshots and others.

2. Who and how qualified are the instructors?

All our instructors go through a rigorous and multiple processes of filtering and selection before they are appointed by us. Only the most qualified, most experienced and best suited candidates are chosen as instructors.

3.What are the machine requirements for the course?

You must have a fairly good desktop PC or laptop. You can even access these courses on your tabs or smart phones. For PCs and laptops the configuration should be at-least an Intel Pentium processor, 4GB of RAM and 50 to 100 GB of free hard disk space. You must also have a good and steady WiFi internet connection which works at 3G or 4G speeds.

4.How will I undergo practical training in the course?

Depending on the type of lab facilities available for the course you have enrolled in for our instructor would be happy to help you in your lab sessions.

5.What is the process to get my questions/queries answered?

Get in touch with your trainer. You can also consult your batch-mates. We believe in collaborative and practical learning.

6.Can a free demo session be provided?

We do not provide free demo sessions.

7.Will there be a provision for repetition if I miss a class?

We encourage our trainees to attend all sessions. If you have missed a session we will try out best to update you on it, if possible. Else you will need to pay a small fee to have a repeat session arranged specifically for you.

8.Does your organization provide assistance in job hunting?

We are connected across the industry in India and abroad. We will pass on any job openings from our customer to our trainees. But we are not a manpower placement provider.

9.How and where can I make the payment?

You can pay using any credit or debit card in India or abroad. You can also pay using your PayPal account.

10. Will practice material or tests be also provided with the course?

Yes. As required & as applicable.

11.What is the minimum or maximum batch size?

Minimum/maximum batch sizes vary from course to course, depending upon a number of factors. It can vary from as few as 2 to as many as a few hundred, in some cases. But that number does not impact the quality of training that we deliver due to our tight quality-control mechanisms.

All trainees will be provided with a course participation and completion certificate by Aurelius Corporate Solutions. Please note, we are an independent provider of learning solutions. We are not affiliated in any manner to any company or organization.

Copyright © 2016 Aurelius Corporate Solutions Pvt. Ltd. All Rights Reserved.