MVL | Course Details

Finance for Decision Makers

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Finance for Decision Makers

A two day program extensively focused on the using methods financial analysis for effective decision making. The program includes familiarization with the basics of finance, financial statements and financial ratios. It also exposes you to elements of costs, costing methods and budgetary controls. The program also explains use of Target Costing, Kaizen Costing and Kaizen Budgeting.

This intensive program is designed to give you a comprehensive grounding, along with strong practical frameworks, for understanding various types of business activities, related financial statements and decision making based on the financial data. The program emphasizes on active participation from delegates and includes exercises and case studies.

What will you learn?

When you complete this course, you will have total understanding of:

  • Key decision areas and the financial information required for decision making
  • Building financial statements
  • Analysis and interpretation of financial statements
  • Cost computations for decision making
  • Planning, budgeting and forecasting

 

Course Content:

Getting down to business

  • Key decision areas and the financial information required for decision making
  • Crucial errors in finance
  • Basics of finance
  • Forms of businesses
  • Types Business activities
  • Decisions required in each type of activity
  • Understanding the numbers
  • Balance Sheet
  • Profit and Loss Account
  • Cash Flow Statement
  • Time value of money

Analysis and interpretation of financial statements

  • Using key yardsticks to measure performance
  1. Measures of profitability, efficiency, liquidity and financial risk
  2. Profit and cash flow analysis
  3. Depreciation – a special kind of fixed cost
  4. Ratio analysis
  5. Contribution margin analysis
  6. Activity analysis
  7. Benchmarking
  • Making decisions using key strategies
  1. Capital structure, debt and equity
  2. Weighted average cost of capital (WACC)
  3. Return on investment
  4. Pivotal role of taxes
  5. Return on investment (ROI)
  6. Return on capital employed (ROCE)
  7. Economic value added (EVA)
  8. Shareholder value added (SVA)
  9. Making financial decisions
  • Cost computations for decision making
  1. Types of costs
  2. Direct/Indirect costs
  3. Fixed/variable costs
  4. Sunk costs
  5. Cost/profit/volume relationship
  6. Break-even point
  7. Activity based costing
  8. Target costing
  9. Kaizan costing
  10. Product lifecycle costing
  11. Budgets and budgetary controls – Building a budget

 

Building financial statements

  • Balance Sheet, Profit and Loss Account and Cash Flow
  • Connecting the financial statements

 

Planning, budgeting and forecasting

  • Budgets and budgetary controls – Building a budget
  • Planning and budgeting capital expenditure

Delivery mode
Classroom / Virtual classroom / Online
Duration
2 full days
Course level
Foundation level
Course Price
10,000/-

Contact US

MVL Consulting Private Limited

Address : #17, Laxman Villa Condominium, Paud Road, Pune, Maharashtra 411038 India 

Phone : +91 – 20 – 2546 6154

Phone : +91 – 20 – 2542 2874

Mobile: +91 – 9764 835 350

Email-id : info@mvlco.com

CIN No. : U31909MH1996PTC100429

 

Contact for Inhouse Programs

Head- Learning and Development

Name : Sangeeta Dokey

Phone : +91 9168 435 350

Email-id :sangeeta@mvlco.com

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