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Shahid Hussain Raja
Author/Consultant/Trainer
Cambridge. UK
www.shahidhussainraja.com
◦ Introduction
◦ Course Objectives
◦ About the Course Coordinator & his book
◦ Module 1-Financial Accounting Basics
◦ Module 2-Balance Sheet
◦ Module 3-Income Statement
◦ Module 4-Cash Flow Statement
◦ Module 5-Costing and Pricing
◦ Module 6-Budgeting & Forecasting
◦ Module 7-Financial Analysis & Decision Making
◦ Module 8-Resource Management& Development
◦ Module 9-Financial SWOT Analysis
◦ Module 10- Revision & Questions
◦ Conclusion
 This is an informational presentation about the intensive course
Finance For Non-finance Managers
 Consisting of ten modules, this course is conducted by Shahid
Hussain Raja whose antecedents are given in subsequent slide
 It has now been put online in the form of ten video presentations,
freely available on Youtube at
https://www.youtube.com/channel/UCK3jcY9a31eymq3pMqCPfxQ
 Kindly before viewing these videos, do subscribe to this channel
 Understand the meaning of fundamental business finance concepts
and the jargon used in financial analysis and decision making.
 Learn 3 key financial statements, how to interpret and use them to
measure historical performance of your company to chart the future
 Fundamental nature of costs, gross margin and break-even and how
common pricing methods affect gross margin and profit.
 Techniques for appraising and comparing options, making
investment decisions and how sales, spending and other factors are
forecast
 Importance of budgeting process, budgeting cycle and challenges
 Manage and develop two other resources namely human and material;
their efficient utilization, proper maintenance
 Concept, importance of SWOT Analysis, how these are carried out and
how to use them for taking strategic decisions
 Sound, theoretical financial knowledge acquired during the course,
will make you a more competent general manager.
 Retired as Federal Secretary, Govt. of Pakistan, held senior positions
 Ex.Chief Instructor, National School of Public Policy, Lahore (Pakistan)
 M.A. (Economics), M.A. (Political Science)-Punjab University, Lahore
 M.Sc.(Defence and Strategic Studies)-National Defence College
 Post Graduate Diploma (Development Studies)-Cambridge University
 Executive Development Program-JFK School of Government, Harvard
 Author of 12 books on various public policy, national/global issues.
 Conducts courses online and offline
 This course has been prepared by using the material contained in the
author's book “Finance for Non-finance Managers: A Handbook”
 Published as an ebook by Amazon, it is available at
https://www.amazon.com/dp/B07TTNNTC8
 This book has been translated into Spanish and Portuguese also
 Although written primarily for the managers, this handbook is equally
useful for the senior executives belonging to the public or private sector
 Being a manager is an honour with perks, privileges and prestige
attached but is also a big responsibility.
 Multiple Roles-operational head, advisor to senior management,
bridge between employees and the bosses
 Globalisation and technological developments demand all rounder
managers-technically sound/financially proficient
 Unfortunately, majority not well conversant with finance leaving it to
accountants who are different from finance
 More than 70% of your decisions will be about financial issues-ignore
it at the cost of your job or at least promotion
 Preparation of accounts is a specialized job of accounts branch which
record all financial transactions & turn into meaningful financial
information for financial analysis/ decision making by management.
 However, managers must know how they prepare accounts to ensure
relevant, accurate and timely information for your decision making
 Only possible if you have broad idea of how they have used certain
pieces of information regarding all financial transactions made
 Need and Importance of Finance for Managers
 Role of Finance in Organisation
 What is Financial Accounting
 Financial Transactions: Definition, Types & Sources
 Who Uses these Accounts
 GAAP- Generally Accepted Accounting Practices
 Branches of Accounting
 How financial information is presented
 What is a balance sheet
 How balance sheet is prepared
 How to read a balance sheet
 How to interpret a balance sheet
 Uses of a balance sheet
 Limitations of a balance sheet
 What is a Profit & Loss statement
 What is its importance
 Components of P&L statements
 How to read a P & L statement
 How to interpret a P & L statement
 What is Cash Flow Statement
 What is its importance
 How Cash Flow Statement is prepared
 How to read the Cash Flow Statement
 How to interpret the Cash flow Statement
 What is costing
 Types of Costs
 Importance of costing
 Concepts and terms used
 Costing Methods
 Contribution Analysis
 Pricing Methodology
 Break-even Point
 What is a Budget
 Importance of Budgeting
 Types of Budgets
 How Budget is Made
 Budget cycle
 Challenges for manager while making budget
 Features of Good Financial System
 Need for Financial Analysis
 Issues in Financial Analysis
 Cost Benefit Analysis
 Break Even Point
 Pay-back Period
 Return on Capital
 Internal Rate of Return
 Ratio Analysis
 Dividend Cover
 Price Earning Ratio
 Purchasing Material resources
 Maintaining machines and equipment
 Condemning and disposing of material resources
 Importance of Human resource management/development
 Recruitment and initiation
 Capacity development
 Incentives and Rewards
 What is Swot Analysis
 Need and Importance of SWOT Analysis
 How to carry out Swot Analysis
 How to use a SWOT Analysis
 How to formulate Challenges
 How to respond to Challenges
 Example 1-SWOT Analysis of Middle Eastern Restaurant
 Example 2-SWOT Analysis of a Consultancy Firm
 Finance is a lifeline for organisations; employees with sound
background in finance are the backbone of any business organisation
 Managers, even senior Executives, must understand various financial
aspects to help them in making important decisions prudently
 It would help executives in understanding the resource acquisition
and allocation for communicating more effectively with their firms’
finance managers.
 If you like the presentation , kindly click the icon
 For any question, kindly email me at shahidraja@hotmail.com
 To download presentation or its word version, please visit my website
www.shahidhussainraja.com
 This website contains large number of articles on diverse issues.
 Some of these are presented in the next few slides
 Political Economy of Pakistan: 1947-2020: A Short History
https://www.amazon.com/dp/B0844ZJ8ZL
 Accelerating Economic Growth of Pakistan: Plan of Action
https://www.amazon.com/dp/B0844PG64R1.
 International Relations: Basic Concepts & Global Issues: A Handbook
https://www.amazon.com/dp/B08QZSRWT1
 10 Essential Skills for Public Servants: A Handbook (2nd Edition)
https://www.amazon.com/dp/B0723GMMT
 Finance for Non-finance Managers- A Handbook
https://www.amazon.com/dp/B07TTNNTC8
 Agricultural Sector of Pakistan: Challenges & Response
https://www.amazon.com/dp/B010TMK28S
 Pakistan’s Difficulties at the Time of her Independence
http://www.shahidhussainraja.com/pakistans-difficulties-at-the-time-of-her-independence/
 Why Countries Break? Case of Bangladesh
http://www.shahidhussainraja.com/why-countries-break-case-of-bangladesh/
 Pakistan’s 13th IMF Programme: Prospects & Challenges
http://www.shahidhussainraja.com/pakistans-13th-imf-programme-prospects-challenges/
 Federalism in Pakistan: Challenges & Response
https://www.shahidhussainraja.com/federalism-in-pakistan-challengers-response/
 Governance Reforms in Pakistan: Need and Content
http://www.shahidhussainraja.com/governance-reforms-in-pakistan-need-and-content/
 Pakistan’s Strategic Culture: Determinants & Dimensions
http://www.shahidhussainraja.com/pakistans-strategic-culture-determinants-dimensions/
 Pakistani Culture: Sources & Drivers
http://www.shahidhussainraja.com/pakistani-culture-sources-drivers/
 Improving Pakistan’s Global Image
http://www.shahidhussainraja.com/improving-pakistans-global-image/
 Two Nations Theory: Myths and Reality
http://www.shahidhussainraja.com/two-nations-theory-myths-and-reality/
 Why do Civil Service Reforms in Pakistan Fail?
http://www.shahidhussainraja.com/why-do-civil-service-reforms-in-pakistan-fail/
 Is Pakistan a Failed State?
http://www.shahidhussainraja.com/is-pakistan-a-failed-state/
 Pakistan Ideology: Sources & Features
http://www.shahidhussainraja.com/what-is-pakistan-ideology-myths-and-content/
 International Relations: Definition, Scope & Subject Matter
(http://www.shahidhussainraja.com/the-scope-of-international-relations/)
 Modern Nation-state System: Challenges & Prospects
(http://www.shahidhussainraja.com/modern-nation-state-system-challenges-prospects/)
 Foreign Policy: Features, Success Factors & Challenges
(http://www.shahidhussainraja.com/foreign-policy-features-success-factors-challenges/)
 Clash of Civilisations by Huntington
http://www.shahidhussainraja.com/clash-of-civilizations-a-critique/
 Globalization: Compressing Time and Space -Part 1& 2
http://www.shahidhussainraja.com/globalization-compressing-time-and-space-part-1/
/http://www.shahidhussainraja.com/globalization-compressing-time-and-space-part-2/
 Determinants of Foreign Policy
http://www.shahidhussainraja.com/determinants-of-foreign-policy/
 Foreign Policy: Tools & Implements
http://www.shahidhussainraja.com/foreign-policy-tools-instruments/
 National Interest: Meaning & Components
http://www.shahidhussainraja.com/national-interest-meaning-components/
 World Peace: A Norm or an Aberration?
http://www.shahidhussainraja.com/world-peace-a-norm-or-an-aberration/
 End of History by Francis Fukuyama
http://www.shahidhussainraja.com/end-of-history-by-francis-fukuyama-a-critique/
 Breakup of Soviet Union: Causes & Consequences
http://www.shahidhussainraja.com/breakup-of-the-soviet-union-causes-consequences/
 Global Terrorism: Challenges & Response – Part 1 & 2
http://www.shahidhussainraja.com/global-terrorism-challenges-response/
http://www.shahidhussainraja.com/global-terrorism-challenges-response-part-2/
 War on Terror: Causes, Course, Costs and Consequences Part 1 & 2
http://www.shahidhussainraja.com/war-on-terror-causes-course-costs-and-consequences-part-1/
http://www.shahidhussainraja.com/war-on-terror-causes-course-costs-and-consequences-part-2/
 Arab Spring: Genesis, Causes of Failure & Lessons Learnt
http://www.shahidhussainraja.com/arab-spring-genesis-causes-of-failure-lessons-learnt/
 Islamophobia: Genesis, Challenges & Response
http://www.shahidhussainraja.com/islamophobia-genesis-challenges-response/
 Vietnam War: Causes & Consequences
http://www.shahidhussainraja.com/vietnam-war-causes-course-and-consequences/
 Nine Drivers of Sino-American Cold War
http://www.shahidhussainraja.com/9-drivers-of-america-china-cold-war/
 IMF Programmes: Do they help Developing Countries?
http://www.shahidhussainraja.com/imf-programme-does-it-help-a-developing-country/
 American Interests in Afghanistan
http://www.shahidhussainraja.com/american-interests-in-afghanistan/
 Reasons for Soviet Invasion of Afghanistan in 1979
http://www.shahidhussainraja.com/why-did-soviet-union-enter-afghanistan-in-1979/
 The Middle East Crises: Genesis and Dimensions
http://www.shahidhussainraja.com/the-middle-east-crises-genesis-and-dimensions/
 China Iran Relations: Past, Present & Future
http://www.shahidhussainraja.com/china-iran-relations-past-present-future/
Thanks

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Free online Course Finance for Non finance Managers

  • 2. ◦ Introduction ◦ Course Objectives ◦ About the Course Coordinator & his book ◦ Module 1-Financial Accounting Basics ◦ Module 2-Balance Sheet ◦ Module 3-Income Statement ◦ Module 4-Cash Flow Statement ◦ Module 5-Costing and Pricing ◦ Module 6-Budgeting & Forecasting ◦ Module 7-Financial Analysis & Decision Making ◦ Module 8-Resource Management& Development ◦ Module 9-Financial SWOT Analysis ◦ Module 10- Revision & Questions ◦ Conclusion
  • 3.  This is an informational presentation about the intensive course Finance For Non-finance Managers  Consisting of ten modules, this course is conducted by Shahid Hussain Raja whose antecedents are given in subsequent slide  It has now been put online in the form of ten video presentations, freely available on Youtube at https://www.youtube.com/channel/UCK3jcY9a31eymq3pMqCPfxQ  Kindly before viewing these videos, do subscribe to this channel
  • 4.  Understand the meaning of fundamental business finance concepts and the jargon used in financial analysis and decision making.  Learn 3 key financial statements, how to interpret and use them to measure historical performance of your company to chart the future  Fundamental nature of costs, gross margin and break-even and how common pricing methods affect gross margin and profit.  Techniques for appraising and comparing options, making investment decisions and how sales, spending and other factors are forecast
  • 5.  Importance of budgeting process, budgeting cycle and challenges  Manage and develop two other resources namely human and material; their efficient utilization, proper maintenance  Concept, importance of SWOT Analysis, how these are carried out and how to use them for taking strategic decisions  Sound, theoretical financial knowledge acquired during the course, will make you a more competent general manager.
  • 6.  Retired as Federal Secretary, Govt. of Pakistan, held senior positions  Ex.Chief Instructor, National School of Public Policy, Lahore (Pakistan)  M.A. (Economics), M.A. (Political Science)-Punjab University, Lahore  M.Sc.(Defence and Strategic Studies)-National Defence College  Post Graduate Diploma (Development Studies)-Cambridge University  Executive Development Program-JFK School of Government, Harvard  Author of 12 books on various public policy, national/global issues.  Conducts courses online and offline
  • 7.  This course has been prepared by using the material contained in the author's book “Finance for Non-finance Managers: A Handbook”  Published as an ebook by Amazon, it is available at https://www.amazon.com/dp/B07TTNNTC8  This book has been translated into Spanish and Portuguese also  Although written primarily for the managers, this handbook is equally useful for the senior executives belonging to the public or private sector
  • 8.  Being a manager is an honour with perks, privileges and prestige attached but is also a big responsibility.  Multiple Roles-operational head, advisor to senior management, bridge between employees and the bosses  Globalisation and technological developments demand all rounder managers-technically sound/financially proficient  Unfortunately, majority not well conversant with finance leaving it to accountants who are different from finance
  • 9.  More than 70% of your decisions will be about financial issues-ignore it at the cost of your job or at least promotion  Preparation of accounts is a specialized job of accounts branch which record all financial transactions & turn into meaningful financial information for financial analysis/ decision making by management.  However, managers must know how they prepare accounts to ensure relevant, accurate and timely information for your decision making  Only possible if you have broad idea of how they have used certain pieces of information regarding all financial transactions made
  • 10.  Need and Importance of Finance for Managers  Role of Finance in Organisation  What is Financial Accounting  Financial Transactions: Definition, Types & Sources  Who Uses these Accounts  GAAP- Generally Accepted Accounting Practices  Branches of Accounting  How financial information is presented
  • 11.  What is a balance sheet  How balance sheet is prepared  How to read a balance sheet  How to interpret a balance sheet  Uses of a balance sheet  Limitations of a balance sheet
  • 12.  What is a Profit & Loss statement  What is its importance  Components of P&L statements  How to read a P & L statement  How to interpret a P & L statement
  • 13.  What is Cash Flow Statement  What is its importance  How Cash Flow Statement is prepared  How to read the Cash Flow Statement  How to interpret the Cash flow Statement
  • 14.  What is costing  Types of Costs  Importance of costing  Concepts and terms used  Costing Methods  Contribution Analysis  Pricing Methodology  Break-even Point
  • 15.  What is a Budget  Importance of Budgeting  Types of Budgets  How Budget is Made  Budget cycle  Challenges for manager while making budget  Features of Good Financial System
  • 16.  Need for Financial Analysis  Issues in Financial Analysis  Cost Benefit Analysis  Break Even Point  Pay-back Period  Return on Capital  Internal Rate of Return  Ratio Analysis  Dividend Cover  Price Earning Ratio
  • 17.  Purchasing Material resources  Maintaining machines and equipment  Condemning and disposing of material resources  Importance of Human resource management/development  Recruitment and initiation  Capacity development  Incentives and Rewards
  • 18.  What is Swot Analysis  Need and Importance of SWOT Analysis  How to carry out Swot Analysis  How to use a SWOT Analysis  How to formulate Challenges  How to respond to Challenges  Example 1-SWOT Analysis of Middle Eastern Restaurant  Example 2-SWOT Analysis of a Consultancy Firm
  • 19.  Finance is a lifeline for organisations; employees with sound background in finance are the backbone of any business organisation  Managers, even senior Executives, must understand various financial aspects to help them in making important decisions prudently  It would help executives in understanding the resource acquisition and allocation for communicating more effectively with their firms’ finance managers.
  • 20.  If you like the presentation , kindly click the icon  For any question, kindly email me at shahidraja@hotmail.com  To download presentation or its word version, please visit my website www.shahidhussainraja.com  This website contains large number of articles on diverse issues.  Some of these are presented in the next few slides
  • 21.  Political Economy of Pakistan: 1947-2020: A Short History https://www.amazon.com/dp/B0844ZJ8ZL  Accelerating Economic Growth of Pakistan: Plan of Action https://www.amazon.com/dp/B0844PG64R1.  International Relations: Basic Concepts & Global Issues: A Handbook https://www.amazon.com/dp/B08QZSRWT1  10 Essential Skills for Public Servants: A Handbook (2nd Edition) https://www.amazon.com/dp/B0723GMMT  Finance for Non-finance Managers- A Handbook https://www.amazon.com/dp/B07TTNNTC8  Agricultural Sector of Pakistan: Challenges & Response https://www.amazon.com/dp/B010TMK28S
  • 22.  Pakistan’s Difficulties at the Time of her Independence http://www.shahidhussainraja.com/pakistans-difficulties-at-the-time-of-her-independence/  Why Countries Break? Case of Bangladesh http://www.shahidhussainraja.com/why-countries-break-case-of-bangladesh/  Pakistan’s 13th IMF Programme: Prospects & Challenges http://www.shahidhussainraja.com/pakistans-13th-imf-programme-prospects-challenges/  Federalism in Pakistan: Challenges & Response https://www.shahidhussainraja.com/federalism-in-pakistan-challengers-response/  Governance Reforms in Pakistan: Need and Content http://www.shahidhussainraja.com/governance-reforms-in-pakistan-need-and-content/  Pakistan’s Strategic Culture: Determinants & Dimensions http://www.shahidhussainraja.com/pakistans-strategic-culture-determinants-dimensions/
  • 23.  Pakistani Culture: Sources & Drivers http://www.shahidhussainraja.com/pakistani-culture-sources-drivers/  Improving Pakistan’s Global Image http://www.shahidhussainraja.com/improving-pakistans-global-image/  Two Nations Theory: Myths and Reality http://www.shahidhussainraja.com/two-nations-theory-myths-and-reality/  Why do Civil Service Reforms in Pakistan Fail? http://www.shahidhussainraja.com/why-do-civil-service-reforms-in-pakistan-fail/  Is Pakistan a Failed State? http://www.shahidhussainraja.com/is-pakistan-a-failed-state/  Pakistan Ideology: Sources & Features http://www.shahidhussainraja.com/what-is-pakistan-ideology-myths-and-content/
  • 24.  International Relations: Definition, Scope & Subject Matter (http://www.shahidhussainraja.com/the-scope-of-international-relations/)  Modern Nation-state System: Challenges & Prospects (http://www.shahidhussainraja.com/modern-nation-state-system-challenges-prospects/)  Foreign Policy: Features, Success Factors & Challenges (http://www.shahidhussainraja.com/foreign-policy-features-success-factors-challenges/)  Clash of Civilisations by Huntington http://www.shahidhussainraja.com/clash-of-civilizations-a-critique/  Globalization: Compressing Time and Space -Part 1& 2 http://www.shahidhussainraja.com/globalization-compressing-time-and-space-part-1/ /http://www.shahidhussainraja.com/globalization-compressing-time-and-space-part-2/
  • 25.  Determinants of Foreign Policy http://www.shahidhussainraja.com/determinants-of-foreign-policy/  Foreign Policy: Tools & Implements http://www.shahidhussainraja.com/foreign-policy-tools-instruments/  National Interest: Meaning & Components http://www.shahidhussainraja.com/national-interest-meaning-components/  World Peace: A Norm or an Aberration? http://www.shahidhussainraja.com/world-peace-a-norm-or-an-aberration/  End of History by Francis Fukuyama http://www.shahidhussainraja.com/end-of-history-by-francis-fukuyama-a-critique/  Breakup of Soviet Union: Causes & Consequences http://www.shahidhussainraja.com/breakup-of-the-soviet-union-causes-consequences/
  • 26.  Global Terrorism: Challenges & Response – Part 1 & 2 http://www.shahidhussainraja.com/global-terrorism-challenges-response/ http://www.shahidhussainraja.com/global-terrorism-challenges-response-part-2/  War on Terror: Causes, Course, Costs and Consequences Part 1 & 2 http://www.shahidhussainraja.com/war-on-terror-causes-course-costs-and-consequences-part-1/ http://www.shahidhussainraja.com/war-on-terror-causes-course-costs-and-consequences-part-2/  Arab Spring: Genesis, Causes of Failure & Lessons Learnt http://www.shahidhussainraja.com/arab-spring-genesis-causes-of-failure-lessons-learnt/  Islamophobia: Genesis, Challenges & Response http://www.shahidhussainraja.com/islamophobia-genesis-challenges-response/  Vietnam War: Causes & Consequences http://www.shahidhussainraja.com/vietnam-war-causes-course-and-consequences/
  • 27.  Nine Drivers of Sino-American Cold War http://www.shahidhussainraja.com/9-drivers-of-america-china-cold-war/  IMF Programmes: Do they help Developing Countries? http://www.shahidhussainraja.com/imf-programme-does-it-help-a-developing-country/  American Interests in Afghanistan http://www.shahidhussainraja.com/american-interests-in-afghanistan/  Reasons for Soviet Invasion of Afghanistan in 1979 http://www.shahidhussainraja.com/why-did-soviet-union-enter-afghanistan-in-1979/  The Middle East Crises: Genesis and Dimensions http://www.shahidhussainraja.com/the-middle-east-crises-genesis-and-dimensions/  China Iran Relations: Past, Present & Future http://www.shahidhussainraja.com/china-iran-relations-past-present-future/