This programme aims to meet the requirements of operating managers who would like to be well versed with the introductory nuances of finance in different functional areas. Deciphering financial concepts and developing the ability to see the business implications of numbers is a key outcome of this programme, which aims to help participants:
Overview
The Finance for non-finance programme enables professionals, especially from functional areas other than finance such as sales, marketing, human resource, research and development, production, procurement, to gain an extensive working knowledge of critical financial principles in an easy-to-follow manner, enabling them to make critical business decisions involving cost-savings, budgets, new projects decisions, growth strategies and so on. Participants are able to understand and analyse financial statements as well as grasp the basic fundamentals of finance and accounting.
Learning objectives

Topics to be covered

- Balance sheet
- P&L account
- Cash flow statements
- Profit v/s cash flow analysis
- What is working capital?
- Kinds of working capital
- Operating cycle and components of working capital
- Working capital management and decision-making.
- Cost concepts including discussion on marginal costing
- Some important cost definitions
- Make or buy
- Shut down or continue
- Sell or process further
- Domestic versus export sales
- Need and type of budgets
- Alternative approaches for budgeting
- Commonly used budgets
- Budgetary control process
- Limitations of budgets
- Case study and illustrations.
- Meaning of capital budgeting
- Approaches to capital budgeting
- Techniques of capital budgeting
- Practical application of net present value and internal rate of return
- Features of capital budgeting decisions
- Case study and illustrations.
Who should attend?
This programme is designed for:
Managers, senior managers, middle level executives in non-financial positions who need to improve their financial skills in order to make critical business decisions involving cost savings, budgets, new projects, growth strategies, etc. This course can also potentially benefit entrepreneurs who are required to make daily business decisions regarding their companies.
The programme is appropriate for self-employed professionals such as lawyers, medical practitioners, and non-financial managers across different industries, both in the public and private sector.

Programme details
Upcoming batches
Online live (Fridays and Saturdays – four days): 22, 23, 29 & 30 November 2024
Online Virtual Batch
Delhi-NCR, Chennai, Kochi, Coimbatore, Madurai,
Mangaluru, Mysore, Trivandrum, Vishakhapatnam
Bangalore, Chandigarh, Dehradun, Hyderabad,
Jaipur, Lucknow, Ludhiana, Mumbai
Ahmedabad, Bhopal, Calicut, Indore, Kolkata, Pune,
Rest of India, International Queries
Conact person
Customised corporate workshops
We would be pleased to conduct specific in-house workshops for your organisation, if you have adequate number of participants.
For enquiries related to corporate training or group nominations, please reach out to:
Sakshi Chopra
sakshichopra@kpmg.com
All learning programmes are offered under the auspices of the KPMG Learning Academy. To know more about other programmes offered, click here.