For Non- Finance

Finance for non-finance NEW-Procure-Patra-615x300

Minds United program provides an understanding of basic concepts of accounting and finance to persons from non finance background. It gives an insight on how financial data is used to make business decisions, while understanding its financial implications. In addition, the ability to interpret financial information will help to understand resource acquisition and allocation, and communicate more effectively with the firm’s financial managers.

 Course Highlight
  • Understand the importance of financial management
  • Identify, solve problems and make financial decisions
  • Understand basic accounting principles and concepts
  • Analyse the elements of an income and expenditure statement
  • Analyse the elements of a balance sheet
  • Be able to compile a personal assets and liabilities statement
Course outline
  • Accounting Concepts and Principles
  • Depreciation
  • The Accounting Cycle
  • The Income Statement
  • The Balance Sheet
  • The Working Capital Cycle
  • Cash Flow
  • Distinctions Between Cash-Basis And Accrual-Basis Accounting
  • How to Use Financial Ratios and Comparative Data to Analyze Performance
  • How to use Predictive Financial Metrics for Strong & Consistent Profitability
  • Cash Flow Management & Forecasting
  • Pros & Cons of Different Types of Incentive Compensation
  • “AR Drift“ and What to Avoid
  • Sources of Capital and How to Fund a Growing Business
  • Financial Reporting Software Systems
  • Basics of Open Book Management