Finance and Accounts
Training Program: Finance and Accounts
A better understanding of key financial
processes and the strategic levers that
drives financial performance in an
organization is critical to the financial
growth and prosperity in any organization.
Knowledge about book keeping fundamentals,
financial budgeting, analysis of financial
statements, financial forecasting, financial
valuation, asset management etc. are vital
for an organisation's health, progress and
financial prosperity. Understanding of some
of these concepts are also required for
non-finance professionals to drive the
financial performance of the organisation.
In our customized programs that we cover in
this section we deal in depth with each of
the topics - their relevance to the
organizational context and how they can be
implemented and what benefits the
organization accrue out of these are taught.
We use our methodology combines theory with
practical to reflect what happens on the job
using scenarios and simulated real world
case studies. Class room lecture is
integrated with in class exercise to develop
real world skills that the participants can
apply immediately at the end of the program.
Results
♦ A much more confident Finance team
♦ A far better Finance, people, process and performance linkage awareness amongst non- Finance Executives and Managers
♦ A far better clarity wrt the strategic levers that drive organizational and individual performance and how to establish them
♦ As a result of the above there is higher employee satisfaction and hence better performance
♦ The participants understand the various types of business or financial transactions and how they are handled
♦ The participants understand the various kinds of accounting records, books and statements that need to be maintained
♦ The participants understand the components of various financial records such as assets, liabilities, equity and revenue
♦ The participants understand the different accounting methods used in bookkeeping including end of period closures
♦ The participants understand what is an audit and the various auditing procedures
♦ The participants learn the essential knowledge and practical skills required to manage costs and budgets, maximize revenues and reduce financial risksvv
♦ The participants learn practical tips and techniques and build your skill set that you can use immediately when you get back to work
♦ The participants understand basics of financial accounting terms and concepts like balance sheets, income, cash and profit statements, etc.
♦ The participants understand accounting principles which are applied to business accounting
♦ The participants develop a deeper understanding of how to use the information in financial statements to evaluate the performance and health of a business
♦ Participants are able to plan effective long-term strategy and tangible outcome planning and execution
♦ The participants learn the Dos and Don'ts of forecasting
♦ The participants learn to study forecasts for actual results and evaluate the results against forecasts
♦ The participants shall be able to use forecasting as a measurement and decision making tool
♦ The participants shall understand in which areas and situations you require financial forecasts
♦ The participants shall learn latest techniques and financial models which are used to analyse financial data and predict future outcomes
♦ The participants shall understand the risks faced by your business and use the appropriate forecasting model
♦ The participants shall learn how to deal with the underlying uncertainty in financial forecasting and use risk-analysis forecasts
♦ The participants shall present financial Forecasts to management in terms that they can understand
♦ The participants shall learn introductory concepts, accompanying principles and theories involved in effective asset management
♦ The participants shall understand the importance and requirements of asset management and how it can benefit an organization
♦ The participants shall understand industry best practices, approaches, tools and techniques for developing asset management plans including risk factors
♦ The participants shall be able to apply existing standards specified by external agencies such as ISO that require continual optimization throughout the organizational process
♦ The participants shall learn the importance of integrating organizational culture and design with the asset management process goals and objectives
LIST OF TRAINING PROGRAMS
# Finance for Non-Finance
# Financial Budgeting
# Analysis of Financial Statements
# Financial Valuation
# Book Keeping Fundamentals
# Asset Management