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Course Highlights
Overcome business challenges with sound finance decisions
Instructed by bestselling author and finance expert, Dr. Anil Lamba
4 Video tutorials corresponding 4 modules
Series II of V from the complete finance training module
Course Description
A good financial management system tells you how your business is doing--and why.Good financial management is the process you use to put your numbers to work to make your business more successful.
Two fundamental rules of good finance management, which, if followed, can help organisations avoid a host of finance mis-management related problems are explained in this and the next session. These rules have universal applicability and are not industry specific.
These are very powerful sessions and extremely important for everyone to understand and appreciate.
This course includes four modules of series II that lay emphasis on the following:
A closer look at the Balance Sheet
This video takes a closer look at the structure of a Balance Sheet and discusses the various items in detail. It explains how Liabilities represent 'Sources' and Assets 'Uses', how organizations raise resources and the expectation of each lender, where the money is invested, and the need for working capital and its components.
Two Rules of Good Finance Management -An Overview
Since Bad Finance Management is the single most important cause of business closure, it is essential for every organization to practice Good Finance Management in order to survive and prosper. In this session, you will learn that Good Finance Management is the collective responsibility of each person in the organization and get a brief introduction to the two rules of good finance management.
Rule 1 of Good Finance Management Managing Profitability
This covers the concept of Cost of Capital, explodes certain myths associated with the terms, and emphasizes how it is critical to ensure that organizations generate returns that are at least equal to the Weighted Average Cost of Capital.
Rule 2 of Good Finance Management Managing Cash Flow
In this module, besides elaborating on the second rule of good finance management, which revolves around effective Cash Flow Management, you will learn how to read a Balance Sheet.
Course Package
· 4 Video tutorials
· Each video corresponds to one module (Each 1-2 hrs. long)
Course Outline
· Module 1: A closer look at the Balance Sheet
· Module 2: Two Rules of Good Finance Management - An Overview
· Module 3: Rule One of Good Finance Management - Managing Profitability
· Module 4: Rule Two of Good Finance Management - Managing Cash Flow
Why Good Financial Management Online Course?
This course introduces learners to best practices of good financial management that every business leader must understand in order to take financially intelligent decisions. The course will help you to understand complex financial management concepts in a simplified manner.
About the Instructor
ANIL LAMBA
Pune, India
Bestselling author, financial literacy activist, and an international corporate trainer, Dr Anil Lamba is a practising Chartered Accountant and holds degrees in Commerce, Law and a Doctorate in Taxation.
Dr Anil Lamba's training programs are held internationally, with a client list exceeding 1000 large and medium sized corporations spread across several countries including India, the USA, and in Europe, the Middle-East and the Far-East.
Testimonial
i loved this presentation....itwas highly educative....i am currently based in mumbai.....but i would like to join this course...possibly via ..online or prerecorded videos. Thanks, Dr.Abhishek Anand
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