Workshop on Finance and Accounting for Non-Finance Managers

Workshop by Jane Sha Trainings & Seminars Mumbai View Contact

Request Info

Whether your business says 'Owner', 'CEO', or simply manager, your ability to understand and manage number is an essential business skill for organization growth and success. If preparing budgets, Interpreting financial data ,forecasting, tracking performance are part of your daily responsibilities , we have a workshop which is right for you.

In Finance and Accounting for Non-finance, you'll learn...

1. How to read financial statements

2. How to discuss and report financial report in the appropriate terminology

3. 15 indispensable terms that will help you speak the language of finance and accounting

4. And much more

Gain the finance and accounting confidence you need to plan budgets, analyses Balance Sheet and Income Statement and spot problems before they get out of hand. In just two days of intensive training, you’ll learn the practical financial skills that will help you make better financial decisions … knowledge you’ll use throughout your life.

Day 1

Session 1: How to Understand Financial Terminology

1. What every manager needs to know about the basic language of accounting and finance

2. How analyses financial data into meaningful concepts and understandable terms

3. The 15 financial terms your finance dictionary must include

4. Sources and Application of funds

5. How to present your plans in the appropriate financial format

Session 2: Understanding savings on costs

1. The important differences between expense and income  on a cash or accrual basis

2. how to use depreciation to reduce taxes

3. How to identify fixed versus variable costs

4. “Profit” and “loss”- understanding the real meaning of each

Session 3: financial statements and reports

1. How to compute liability and capital

2. How to account for assets

3. Understanding the basic “T” accounting system

4. Logic on sorting transactions into debits and credits

5. Understanding the accounting cycle

6. Trial balance and its importance

DAY2

Session 1: Using the financial ratios for decision making

1. How to understand balance sheets, income statements and cash flow reports

2. How to calculate break even points

3. The key financial ratios understand relation between financial statements

4. Important elements to look for in annual reports

Session 2: Working on Real life scenario

1. Understanding your own or from given sample Income statement and Balance Sheet

2. Deriving and understanding importance of various ratios

3. Recommendation on corrective measures

Jane Sha Trainings & Seminars