kapgrow workshop - achieving financial prudence in business decisions
TRANSCRIPT
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
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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
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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
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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
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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
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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