Finance for Non Finance Executives

Accounting and Finance Fundamentals for Non Finance Executives

Created by CA Raja Classes, Last Updated 24-Nov-2020, Language:English

What Will I Get ?

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 ?

Requirements

This course assumes, participants do not have any knowledge on Accounting and Finance. Hence, course will start from fundamentals and does not mandate any requirements.

Description

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).

Course Content

Why Finance for Non Finance Executives ?

1 Lectures 00:11:49
- Introduction
  
  Preview
  
  00:11:49
Financial Statements - Making Process - Uses - Implications

5 Lectures 00:47:13
- Financial Statements
  
  Preview
  
  00:05:27
- Income Statement and Balance Sheet
  
  Preview
  
  00:14:54
- 4 Financial Statement Making Process
  
  Preview
  
  00:07:01
- 5 Difference between Income, Liability, Expense and Assets
  
  00:05:27
- Sources and Uses of Funds
  
  00:14:24
Financial Management Techniques - For Survival And Growth

4 Lectures 00:55:44
- Fundamentals of Finance Management
  
  Preview
  
  00:08:53
- Cost of Capital Part 1
  
  00:13:02
- Cost of Capital Part 2
  
  00:08:45
- Liquidity Management
  
  00:25:04
Financial Analysis Through Ratios - Widely Used Tool For Understanding Business

45 Lectures 02:07:01
- Financial Ratios
  
  Preview
  
  00:09:09
- Current Ratio
  
  00:10:07
- Quick Ratio
  
  00:04:01
- Absolute Liquid Ratio
  
  00:02:49
- Basic Defense Interval Ratio
  
  00:01:47
- Capital Structure Ratio (Equity Ratio)
  
  00:02:36
- Capital Structure Ratios (Debt Ratio)
  
  00:02:00
- Capital Structure Ratios (Debt to Equity Ratio)
  
  00:02:53
- Coverage Ratios (DSCR)
  
  00:04:30
- Interest Coverage Ratio
  
  00:03:04
- Preference Dividend Coverage Ratio
  
  00:00:57
- Capital Gearing Ratio
  
  00:03:40
- Activity Ratios
  
  00:00:44
- Capital Turnover Ratio
  
  00:02:44
- Fixed Assets Turnover Ratio
  
  00:02:00
- Total Assets Turnover Ratio
  
  00:03:02
- Working Capital Turnover Ratio
  
  Preview
  
  00:00:41
- Inventory Turnover Ratio
  
  00:04:59
- Inventory Holding Level
  
  00:02:20
- Debtors Turnover Ratio
  
  00:05:33
- Average Collection Period
  
  00:03:11
- Creditors Turnover Ratio
  
  00:05:11
- Average Payment Period
  
  00:02:29
- General Profitability Ratios
  
  00:02:40
- Gross Profit
  
  00:01:40
- Operating Ratio
  
  00:04:15
- Operating Profit Ratio
  
  00:01:10
- Expense Ratios
  
  00:02:27
- Net Profit Ratio
  
  00:00:53
- Overall Profitability Ratios
  
  00:01:04
- Return on Assets
  
  00:07:38
- Return on Capital Employed
  
  00:02:23
- Return on Share Holders Funds
  
  00:01:13
- Return on Equity Share Holders Funds
  
  00:01:48
- Earnings Per Share
  
  00:00:41
- Cash Flow Earnings
  
  00:01:46
- Dividend Per Share
  
  00:00:47
- Dividend Pay Out Ratio
  
  00:01:53
- Dividend Yield Ratio
  
  00:01:05
- Illustration on Return on Equity Share holders Funds
  
  00:04:12
- Market Value Ratio
  
  00:00:47
- Earnings Yield Ratio
  
  00:00:38
- Price Earnings Ratio
  
  00:04:25
- Price to Cash Flow Ratio
  
  00:00:55
- Book Value to Market Value Per Share
  
  00:02:14
Fund Flow Analysis - Analyses Survial / Failure / Growth Of Business

3 Lectures 00:16:23
- Fund Flow Analysis Introduction
  
  00:06:56
- Fund Flow Analysis Example
  
  00:07:32
- Uses of Fund Flow Statement
  
  00:01:55
Cash Flow Analysis - Is Like Oxygen Movement

5 Lectures 00:13:06
- Cash Flow-Introduction
  
  Preview
  
  00:04:13
- Cash Flow- Activities
  
  00:01:38
- Cash Flow-Operating Activity
  
  00:04:46
- Cash Flow-Investing Activity
  
  00:01:14
- Cash Flow- Financing Activity
  
  00:01:15
More About Accounting - Be Clear On All Accounting Terms

52 Lectures 03:46:58
- Need and Importance of Accounting
  
  Preview
  
  00:04:54
- Book Keeping and objectives
  
  00:04:59
- Advantages of Book Keeping
  
  00:05:40
- Accounting and Objectives
  
  00:04:19
- Accounting Process
  
  00:05:56
- Accounting Cycle
  
  00:03:24
- Accountancy Accounting Book keeping
  
  00:01:21
- Relationship Between Accountancy, Accounting & Book Keeping
  
  00:01:41
- Difference Between Accounting & Book Keeping
  
  00:02:21
- Users of Accounting Information
  
  00:03:58
- Branches of Accounting
  
  00:02:05
- Transaction
  
  00:03:19
- Capital
  
  00:01:35
- Assets
  
  00:01:57
- Liabilities
  
  Preview
  
  00:01:06
- Drawings
  
  00:00:25
- Debtors and Creditors
  
  00:02:24
- Purchase Sales and returns
  
  00:02:24
- Voucher and Invoice
  
  00:02:32
- Account
  
  00:01:33
- Double Entry System Introduction
  
  00:01:05
- Double Entry Features
  
  00:03:15
- Classification of Accounts
  
  00:02:04
- Eg for classification of accounts
  
  00:06:16
- Golden Rules of accounting
  
  00:01:55
- Introduction to Depreciation Accounting
  
  00:13:47
- Methods of Deprection
  
  00:00:43
- Straight Line Method of Depreciation
  
  00:03:09
- Written Down Value Method of Deprecitation
  
  00:03:35
- Accounting Principles
  
  00:06:00
- Business Entity Concept
  
  00:03:22
- Basic Assumptions in Accounting
  
  00:05:13
- Basic Concepts in Accounting
  
  00:08:15
- Fundamental Principles of Accounting
  
  00:06:29
- Trial Balance
  
  00:06:35
- Methods and formats of Trial Balance
  
  00:04:50
- Introduction to Joint Venture
  
  00:06:34
- How Investments are accounted ?
  
  00:24:23
- Accounting for Fixed Investment Securities
  
  00:16:22
- Get Familiar with Bills Of Exchange
  
  00:07:41
- Know What Construction Contract Is !!!!
  
  Preview
  
  00:05:18
- Rules of Royalty...
  
  00:02:58
- All About Hire Purchase and Installment sale
  
  00:06:58
- Introduction to Inventory
  
  00:03:12
- Definition and Features of Partnership
  
  00:02:27
- Accounting Rules in the absence of Partnership Deed
  
  00:02:16
- Difference between Fixed Capital and Fluctuating Capital Methods
  
  00:01:45
- Fixed Capital and Fluctuating Capital Methods
  
  00:04:09
- Introduction to Internal and External Reconstruction
  
  00:02:59
- What is Company?
  
  00:01:16
- Introduction to Single Entry System
  
  00:02:56
- Liquidation / Winding Up of Company
  
  00:01:18
Management Accounting

7 Lectures 00:33:03
- Management Accounting and its Features
  
  00:03:18
- Management Accounting Information and its Use
  
  00:04:06
- Role of Management Accountancy
  
  00:05:28
- Impact of Changing Environment on Management Accounting
  
  00:06:17
- Total Quality Management Part 1
  
  00:06:28
- Total Quality Management Part 2
  
  00:04:39
- Beliefs of Total Quality Management
  
  00:02:47
Balance Sheet Reading Skills - Why It Is Very Important?

3 Lectures 00:25:54
- First Balance Sheet Reading Skill
  
  00:06:21
- Second Balance Sheet Reading Skill
  
  00:10:57
- Third Balance Sheet Reading Skill
  
  00:08:36
Time Value Of Money - Money Has Time Value?

9 Lectures 00:21:19
- Time Value of Money Introduction
  
  Preview
  
  00:03:31
- Future Value of Single Amount
  
  00:03:37
- Doubling Period
  
  00:01:42
- Compound Effect
  
  00:01:52
- Compounding Computation
  
  00:01:56
- Future Value of Fixed Cash Flows
  
  00:02:43
- Present Value of Amount
  
  00:01:04
- Present Value of Fixed Cash Flows
  
  00:02:41
- EMI
  
  00:02:13
How Business Financing Decisions Should Be Taken?

4 Lectures 00:23:33
- Business Financing Decisions
  
  00:02:02
- Debt Vs Equity Financing
  
  00:06:25
- Understanding Equity Funding in Projects
  
  00:06:10
- Good Time and Bad Time for Debt Equity Financing
  
  00:08:56
How Cost Structure Influences Profit?

5 Lectures 00:37:14
- Introduction to Leverage (Talking Head)
  
  Preview
  
  00:08:32
- Leverage Formula (Talking Head)
  
  00:11:28
- Leverage and its Types
  
  00:03:43
- Leverage Concepts Example
  
  00:06:10
- Leverage Analysis and Sales Movement
  
  00:07:21
Types Of Financing

15 Lectures 00:58:41
- Financial needs and sources of finance
  
  00:07:00
- Classification of Sources of Finance
  
  00:03:02
- Equity Capital
  
  00:04:37
- Preference Share Capital
  
  00:07:35
- Retained Profits
  
  00:01:29
- Debentures or Bonds
  
  00:07:12
- Loans from Commercial Banks
  
  00:06:08
- Commercial Paper
  
  00:01:26
- Venture Capital Financing Introduction and Methods
  
  00:03:00
- Factors evaluated by VC in a Project
  
  00:03:14
- Financing of Export Trade by Banks
  
  00:04:13
- Debt Securitisation
  
  00:03:28
- Leasing
  
  00:01:49
- Various Types of Lease
  
  00:03:02
- Difference between Finance Lease and Operating Lease
  
  00:01:26
Capital Structure Decisions For Your Business

4 Lectures 00:20:09
- Capital structuring Mix
  
  00:01:49
- Factors of Capital structuring mix
  
  00:05:35
- Desining Optimal Capital structuring (Talking Head)
  
  00:05:29
- Indifference Point - Taking Head
  
  00:07:16
What Is Break Even And Why It Is Very Crucial?

3 Lectures 00:18:08
- Break Even Analysis
  
  00:07:52
- Break Even Point Example
  
  00:07:03
- Break Even Point Graph
  
  00:03:13
Bank Loan For Business - Related Aspects

5 Lectures 00:21:25
- Introduction - How to get Bank Loan for Business
  
  Preview
  
  00:07:37
- When do they Expect Information
  
  00:03:39
- Types of Bank Loans for Business
  
  00:03:59
- Bank Loans for New Projects
  
  00:01:18
- Why Past Loans Matter
  
  00:04:52
How Bank's Appraise Term Loans?

5 Lectures 00:24:44
- Term Loan Appraisal By Banks
  
  00:03:53
- Term Loan - Nature of Project
  
  00:01:30
- Cost of Project and Means of Finance
  
  00:07:21
- What is Project Viability
  
  00:01:53
- Project Viability - Case Study
  
  00:10:07
Why Working Capital Management Is Important?

11 Lectures 00:43:42
- Working Capital Loan
  
  00:03:08
- Working Capital Cycle
  
  00:06:05
- Understanding Cash Credit
  
  00:03:45
- Cash Credit-Example
  
  00:05:37
- Loans available in banking channel
  
  00:01:42
- Letter of Credit
  
  00:02:43
- LC Computation
  
  00:02:47
- Bank Guarantee
  
  00:03:39
- Types of Bank Guarantees
  
  00:02:12
- Treasury and Cash Management
  
  00:06:00
- Management of Receivables
  
  00:06:04
How To Prepare Project Report For Bank Loans?

8 Lectures 00:12:21
- Basics of Project Report
  
  00:02:04
- Cost of Project
  
  00:00:47
- Land Cost
  
  00:00:43
- Building Cost
  
  00:01:13
- Plant and Machinery Cost
  
  00:03:03
- Preliminary and Preoperative Expenses
  
  00:01:18
- Other Cost and Interest duirng Implementation
  
  00:01:59
- Provision for Contingency
  
  00:01:14
How Investment Decisions Should Be Taken?

22 Lectures 02:05:53
- Why Capital Budgeting (Talking Head)
  
  00:09:14
- Importance of Capital Investment (Talking Head)
  
  00:01:37
- Capital Budgeting Process (Talking Head)
  
  00:01:17
- Capital Budgeting Process (PPT Based Lecture)
  
  00:01:36
- Types of Capital Investment Decisions (Talking Head)
  
  00:02:47
- Project Cash flows (Talking Head)
  
  00:01:07
- Initial Cashflow (Talking Head)
  
  00:12:31
- Computation of Operational Cashflows(Share holders point of view) (Talking Head)
  
  00:11:02
- Operational Cashflows (Lenders) (Talking Head)
  
  00:08:52
- Terminal Cashflow (Talking Head)
  
  00:03:36
- Principle for Measuring Project Cashflows (Talking Head)
  
  00:05:25
- Case Study Cashflows (Talking Head)
  
  00:04:31
- Project Cash Flows (PPT Based)
  
  00:04:31
- Types of Capital Investment Decisions (PPT Based)
  
  00:02:03
- Principles for Measuirng Project Cash Flows (PPT Based)
  
  00:02:01
- Problems on Meauring cash flows (PPT Based)
  
  00:02:31
- Problem Measuring Cash Flows (PPT Based)
  
  00:10:38
- Cashflow computation (Excel Based)
  
  00:16:08
- Pay Back period Introduction
  
  00:02:51
- Pay Back Period Example
  
  00:03:41
- IRR
  
  00:07:05
- NPV
  
  00:10:49
Over View Of Cost Accounting

37 Lectures 02:06:32
- Introduction to Basic Cost Concepts
  
  00:04:59
- Costing, Cost Accounting and Accountancy
  
  00:02:33
- Difference between Cost Accounting and Financial Accounting.
  
  00:05:09
- Difference between Management Accounting and Cost Accounting
  
  00:03:04
- Cost Classifications
  
  00:02:21
- cost sheet intro
  
  00:02:33
- cost classification for cost sheet
  
  00:02:22
- Simple cost sheet
  
  00:04:05
- Comprehensive cost sheet
  
  00:06:53
- Introduction to Material Costing
  
  00:05:59
- objectives of material cost controlling
  
  00:02:21
- Introduction to Labour Costing
  
  00:02:46
- Difference between Direct and Indirect Labour Cost
  
  00:02:23
- Introduction to Overheads Costing
  
  00:03:56
- Overheads Classification
  
  00:02:58
- Overhead by Functions
  
  00:06:33
- Overheads by Nature
  
  00:04:47
- Overheads by Element
  
  00:02:14
- Overheads by Controllability
  
  00:02:14
- Introduction to Standard Costing Techniques
  
  00:02:55
- Standard Cost Definition
  
  00:02:55
- Setting up of Standard Cost
  
  00:04:12
- Standard Costing Definition
  
  00:02:23
- Physical Standards
  
  00:03:23
- Introduction to Standard Costing Variances
  
  00:02:06
- Material Cost Variance
  
  00:04:19
- Material Price Variance
  
  00:03:41
- Material Usage Variance
  
  00:09:16
- CS Material Cost Variance
  
  00:05:57
- Introduction to Marginal Costing
  
  00:01:16
- Direct Costing
  
  00:00:59
- Difference between Marginal Costing and Direct Costing
  
  00:01:58
- Difference between Variable and Fixed Cost
  
  00:04:20
- What is Process Costing?
  
  00:02:06
- Basic features of Process Costing
  
  00:01:19
- Process Costing Procedure
  
  00:01:57
- Operation Costing
  
  00:01:20
On Demand Videos (For Clarifying Doubts)

1 Lectures 00:04:35
- Journal and Ledger
  
  00:04:35
Introduction To Audit

0 Lectures