Kapgrow Workshop - Achieving Financial Prudence in Business Decisions

8/2/2019 Kapgrow Workshop - Achieving Financial Prudence in Business Decisions

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One Day Workshop

On

“Achieving financial prudence in business decisions”

Finance for Non-Finance Managers



Why do we need to know Finance?

Finance impacts everyone. And that makes understanding finance important.

Every functional manager has to deal with numbers and take certain decisions.

The consequences of these decisions may be too crucial to affect the profitability

of the organization.

However, most of us are afraid of numbers and try to avoid going into the

financial angle of any decision. Sometimes, managers make the mistake of

restricting their focus to their area of core expertise ‐ Marketing, Finance, Human

Resource, Production, Purchase or Information Technology.

This perception of identifying Finance in the water‐tight compartment not only

reduces the inclination for the number game but also will not allow their brains to

grow and develop analytical and logical thinking among professionals.

A Brand Manager or Personnel Manger is equally expected to have certain level of

skills and knowledge for reading and analyzing the financial statements in the

industry. Costing figures and its impact on the annual report surrounds the

production manager and even a head of Research & Development department. An

IT manager or a Purchase Manager will not be able to justify the job if not aware

about the implications and mechanism of the basic accounting and finance.

This program empowers executives from each functional area with

an understanding of the numbers. It seeks to develop strong

foundations in Fundamentals of Accounting, Finance as well as Tax

planning.

Whenever you are asked if you can do a job,

tell 'em, 'Certainly I can!' Then get busy and find out how to do it.

Theodore Roosevelt



Takeaways from the workshop

By the end of the workshop, delegates will:

Appreciate the importance of financial perspective in any decision

Understand the concepts and importance of Return on Investment (ROI), Capital

Budgeting, Tax planning etc.

Have an understanding of the financial consequences of their business decisions

Have the confidence to use, discuss and present financial information

Have an understanding of the importance of finance and of controlling costs to

increase the profitability

Appreciate how budgets are made, read and utilized

Understand cost management, the budgeting process and the need for effective

budgetary forecasts and control

Understand financial techniques associated with capital expenditure and the

concept of risk management and tax planning

Take the guesswork out of their decision making and deliver a better bottom line Reduce the risk of financial errors in managerial decision making

Expand their professional expertise and add to the bottom line of the organization



Who Should Attend:-

Professionals / Experts from any function or discipline (HR, IT, Operations,

R&D, Purchase, Sales, Marketing, Manufacturing, Engineering, Design,Development, Logistics & SCM, Accounts, Commercial, Finance, Administration

etc.) who wish to enhance their in‐depth easy to understand concepts and

tools in finance.

Managers and Executives requiring to update their hands‐on know how on

finance concepts.

Business owners

Project managers

Administrators

New & Experienced executives

Heads of divisions / functions

Course Contents

Why accounting / f inance is important?

Basic accounting concepts

How do you read profit and Loss statements

How do you read the Balance Sheet

Analysis of Financial Performance through Ratios

Calculating ROI, payback period

Time Value of Money

Decision making – viability of project / action

Budget and Variance Analysis

Working Capital Management



The Facilitators:

The facilitators for the workshop shall be a group of trainers who have a strongfinancial / commercial background and possess vast industry experience. Thetrainers are senior members of the Institute of Company Secretaries of India (ICSI),Institute of Cost and Works Accountants of India (ICWAI), Institute of CharteredAccountants of India (ICAI) and MBAs who have been working in variousindustries as well as training people on financial prudence, tax matters,commercial issues at various institutes like ICAI, ICSI, ICWAI, NIFM, ILI, etc.

Date & Time:

Friday, 1st June 2012

9:30 a.m. to 6:00 p.m. (Registration starts at 9:00 a.m.)

Venue:

“Deck Suite”

Habitat World, at IHC,

Lodhi Road, New Delhi-110003

(Entry from gate number 3 on Vardhman Marg)

Fees & Discounts:

The fee is inclusive of programme tuition fee, learning materials, lunch and

refreshments. The following fees shall be applicable:

Single nomination 5500 + Service Tax @ 12.36% {= 6180} 10% discount for each additional nomination

It is the province of knowledge to speak and it is the privilege of

wisdom to listen.

- Oliver Wendell Holmes



In case of withdrawal or cancellation of registrations, no refund of fee shall be

made. However, substitute(s) may be permitted with prior intimation.

Contact us:

For registrations and details contact us at:

Kapgrow Corporate Advisory Services Private Limited

E‐174, Kalkaji,

New Delhi – 110019

011‐40553774

E‐mail: [email protected]

Or Call:

Mr. Gagandeep Singh @ 7503110321

Ms. Ankita Dhawan @ 7503110322

Mr. Harish Kaushik @ 7503110336

For conducting in‐house programme(s), please contact:

Ms. Avika Kapoor

[email protected]

Documents

Kapgrow Workshop - Achieving Financial Prudence in Business Decisions