WHY DO YOU NEED US?
Challenges Faced by Companies & Non-Finance Professionals
Majority of the decisions in an organization are taken by Non-Finance Professionals.
But do they understand the financial impact of their decisions on the business of the company?
More than 90% of the employees find it challenging to understand how the business runs, how it makes money and how can they add real value to it. This is a matter of concern for every management; if understanding of finance is a challenge area, how can they be sure if the decisions taken by the non-finance professionals are beneficial to the company?
All in all, organizations face this challenge because of lack of financial literacy!
Root Causes of Lack of Financial Literacy
Finance is not included at any level of education
Misconception that finance is only for finance functions
Solution
Making every key professional in the organization understand the success drivers of profit, cash, and value to make wise business decisions.
Result of enhanced financial literacy among employees
OUR SERVICE OFFERINGS
WHAT WE DO?
CONTETRA ADVANTAGE
Key concepts to be learned in ffnf
Financial Statements
- Objective & Scope of Financial Statements
- Understanding the main components of financial statements, its preparation and analysis
Cash Flow statement
- Understand the difference between book profit and cash profit through hands on preparation
- Knowing the activity Drivers of Cash Flow
Value Creation
- The journey of how companies create value
- Components of a income statement
- Analysing income statements
Working Capital Management
- Understanding the working capital cycle
- Identifying key control areas
- Risk management through working capital
- Components vs Time Analysis of Working Capital
Financing Decision making
- Effective use of short term and long term funds
Cost Management
- Know the different types of cost
- Applying costing in decision making
Balance Sheet
- Components of a Balance sheet
- Dissecting the Balance Sheet
Budgeting
- Type of budget
- Learn how to prepare budget
OUR FFNF PROGRAM MENTOR
In 14+ years of hands on coaching & mentoring leaders, Vishal has created a mark in the industry in the finance education space. Vishal’s vision in life is to empower people and help them solve their financial challenges. He believes that his purpose in life is achieved if he can bring positive changes in the financial lives of people. Vishal is a qualified Chartered Accountant, MBA (Fin), GFMB faculty at SP Jain School of Global Management, fundraiser, facilitator, IFRS expert, author of CNBC published finance books, and owner of Finance Tube YouTube channel.
RESOURCES
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Get in touch with us for learning opportunities with our finance expert and master the game of numbers!
OUR CLIENTS
CLIENT TESTIMONIALS
A program which speaks from a “Non-Finance person’s perspective”. A must attend for all who want to take charge of their financial lives.
The Simulation in the program is very powerful. It really changes the perspective and opens one’s mind to a whole new and interesting way in which numbers are viewed.
A surest cure to “Number Phobia” and the most practical way to relate to money related challenge in most non-finance people’s lives.