Business Financial Management

The Finance in Business programme is an executive programme aimed at equipping entrepreneurs and executives with the driving knowledge, skills and expertise of prudent financial management. This programme is designed to enable the participants revamp their financial plans and strategies towards achieving financial growth and stability in their businesses.

Programme Format

The programme will be carried out over a series of lectures, presentations and panel discussions. The participants will get to work on relevant and practical case studies. The programme comprises of an action learning project under which the participants can apply the principles and processes learnt from the programme in the financial management of their own businesses.

Programme Objectives

  • Estimation of capital requirement, capital budgeting and determination of capital structure
  • Identification and selection of sources of finances
  • Consideration of cost of capital, return on investment and break even analysis
  • Utilization of finances and investment planning
  • Working capital management to maintain adequate liquidity and smooth flow of operations
  • Indirect Taxation and impact of proposed GST
  • Understanding of key financial ratios to keep a tab on the financial health of business
  • Reading and analysis of financial statements

A business enterprise is vulnerable to different kinds of financial risks – revenue shrinkage, bad debts, liquidity crunch and operational risks. It becomes essential that entrepreneurs keep the financial health of their business updated, stout and strong by prudently managing its financial affairs.

Advanced Accounting for Business

The Accounting for Business programme is a focused course aimed at training the entrepreneurs and accounts executives with the principles, processes and procedures of internationally accepted accounting and book keeping standards. The programme will enable the participants manage and maintain the accounting records of their businesses with ease, accuracy and as per accepted standards.

Programme Format

The programme will cover both the theoretical and practical aspects of business accounting spread out over a series of lectures, presentations, case studies and assignments. The action learning project will enable the participants to apply the principles and procedures of business accounting in their own businesses.

Programme Coverage

  • Foundation concepts and principles of business accounting
  • Financial accounting, management accounting, cost accounting and taxation
  • Accounting software application
  • Preparation of key financial statements
  • Auditing and reporting
  • Planning, control and decision making in business accounting
  • Balance Sheet and Profit & Loss Statement Insights

The bottom-line success of a business enterprise rests on its financial performance. And in order to measure financial performance, a business needs to have proper accounting systems in place. This necessitates that the business owners and the accounts executives are well-acquainted with the standard and accepted principles and procedures of accounting and book keeping.