Understand and apply financial concepts for making effective business decisions
- Introduction and course outline
- Understanding Financial Statements
- Understanding Balance Sheet
- Understanding the Income Statement - Part 1
- Understanding the Income Statement - Part 2
- Case study - Avoid reduction in headcount using P&L statement
- Understanding growth or profitability measures
- Cash profit is not equal to book profit and why do we need both?
Ratio Analysis, Cash Flow and other Profitability Measures
- How to improve the cash flow position of a project ?
- Return on investment (ROI)
- Capex Vs. Opex
- Case studies to help you solve everyday practical problems in workplace
Project Evaluation Techniques
- Project Evaluation Techniques - introduction
- Present Value
- Understanding discount rate
- Net Present Value
- Opportunity Cost
- Internal Rate of Return
- Cost Benefit Analysis
- Pay Back Period
- Earned Value Analysis
- Earned Value Analysis - calculation of variances
- Earned Value Analysis - calculation of performance index
- Project Evaluation Techniques
Forecasting, Budgeting and Variance Analysis
- Forecasting, Budgeting and Variance Analysis - Introduction
- Forecasting
- Budgeting
- Variance Analysis
- Case Study - Project Evaluation Techniques
- Using Excel for calculation of PV,NPV and IRR
