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
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/