THE OFFICE OF AIMA CENTRE FOR MANAGEMENT EDUCATION AT ANDHRA ASSOCIATION BUILDING, 24-25 INSTITUTIONAL AREA, LODHI ROAD, NEW DELHI HAS RELOCATED TO AIMA’S NEW PREMISES AT 15, LINK ROAD, LAJPAT NAGAR, PART-III, NEW DELHI W.E.F 6TH NOVEMBER 2017                   The office of AIMA Centre for Management Services at Management House, 14 Institutional Area, Lodi Road, New Delhi - 110003 has relocated to AIMA’s new premises at 15, Link Road, Lajpat Nagar, Part-III, New Delhi w.e.f. 13th November 2017
  • Home
  • Events
  • Finance For Non Finance 20-21 March 2018

Finance For Non Finance 20-21 March 2018

 

Background

To be well a rounded, effective and result oriented manager it is important to be financial savvy. To be able to understand, present, drive and measure business plans in terms of financial figures and communicate it in a common business language through financial figures. Also the speed with which decisions needs to be made these days in this extremely volatile business environment makes it mandatory for a business manager to have an adequate financial knowledge . Having the knowledge not only helps you in making smarter business decisions but also helps you move up the corporate ladder.

With the intention of meeting this need of business managers and entrepreneur’s from different functional areas this programme was conceptualised. This programme intends to equip its participants with a comprehensive understanding of concepts critical of business decisions. The programme ties together across different functional areas of the company to attain any company’s goal.

  • Developing the understanding of non-financial managers in formulating analysing, implementing and supporting in organisation’s financial strategies and goals.
  • Enhancing the role of a manager in moving towards a decision making role.
  • Equipping managers with extensive working knowledge on critical financial principles in a capsule form.
  • Helping them understand and analyse financial statements including profit and loss account, balance sheet, cash-flow statement operations, and identification of relevant costs and revenues.
  • Understand and appreciate the impact of various decisions on the company’s performance thus developing a holistic view.
  • Non- financial Managers.
  • Senior Managers and Senior Executives interested in developing their insights on financial aspects of business.
  • Project Managers and Functional Heads involved in planning, strategising and implementation of project budgets.
  • Entrepreneurs can hugely benefit from this programme.

DAY 1, 20th March 2018

FINANCIAL ACCOUNTING

  • Basics of financial accounting
  • Understanding financial Statements
  • Net profit Vs Net Cash Flow
  • Insight into key accounting standards and recent changes

WORKING CAPITAL MANAGEMENT

  • Kinds of working Capital
  • Operating cycle and components of working capital
  • Working Capital Management and decision making

DAY 2 , 21st March 2018

COST CONCEPTS

  • Different cost concepts
  • Cost concept including discussions on marginal costing

DECISION MAKING

  • Make or Buy
  • Shut down or continue
  • Domestic Vs. Export Sale
  • Lease or Hire- Purchase

BUDGET

  • Need for budget
  • Types of budget
  • Alternative Approach for Budgeting
  • Commonly used Budgets
  • Budgetary control Process
  • Limitations of budgets
  • Case Study and illustrations

TIME VALUE OF MONEY CONCEPT

  • Installment and Amortisation schedules
  • Capital Budgeting Meaning
  • Features of Capital Budgeting decisions
  • Approaches and techniques of Capital Budgeting
  • Practical Applications of NPV and IRR
  • Case study and illustrations

Programme Registration Fee | Rs.12500/- + GST per participant

10% Discount for two or more participants from the same organisation or AIMA

Members

| AIMA PAN No. : AAATA 1644A | Service Tax Regd. No. : AAATA1644AST001 |

Registration Fee Includes:

| Training for Two Days | Participation Certificate |Training/ Study Material | Networking Lunch, tea and snacks for two days | Q & A Session to get answers to your queries.

Delegate fee is non-refundable or adjustable against any other programme of AIMA. Changes in nominations are acceptable.

Ms Saumya Singh, Assistant Director
All India Management Association
Centre for Management Education
15 Link Road, Lajpat Nagar-Part III
New Delhi 110024
Tel No. 011-47673010, Mobile: 9810475327
Email: saumya@aima.in
Website : www.aima.in