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Finance for non-finance – Module 7 – Enterprise Risk Management – The concept

by admin | Jun 8, 2023 | Finance for Non-Finance

Finance for non-finance - Module 7 - Enterprise Risk Management - The concept This module discusses, the types of risk, risk management and COSO framework. It articulates risk management cycle and explains this as follows: Control environment Risk assessment Risk maps...

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Finance for non-finance – Module 6 – How to develop a Business Plan

by admin | Jun 8, 2023 | Finance for Non-Finance

Finance for Non-finance - Module 6 - How to Develop a Business Plan This module elucidates, how to develop a business plan is explained in detail. A business plan is a: Live document that we refer to regularly and which can be changed and updated Toolkit to help guide...

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Fundamentals of Financial Reporting – Module VII – Analysis of Financial Statements

by admin | May 29, 2023 | Fundamentals of Accounting and Financial Reporting

Fundamentals of Financial Reporting - Module VII - Analysis of Financial Statements This module talks about the role of Finance functions. It provides an overview of the tools used to evaluate projects like Net Present Value, Internal Rate of Return, and Payback...

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Fundamentals of Financial Reporting – Module VI – COMPONENTS OF FINANCIAL STATEMENTS

by admin | May 29, 2023 | Fundamentals of Accounting and Financial Reporting

Fundamentals of Financial Reporting - Module VI - COMPONENTS OF FINANCIAL STATEMENTS This module discusses the following: Components of Financial Statements Balance Sheet and its components Statement of Profit & Loss -- [pdf-embedder...

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Fundamentals of Financial Reporting – Module V

by admin | May 29, 2023 | Fundamentals of Accounting and Financial Reporting

Fundamentals of Financial Reporting - Module V This module discusses the following: Elements of Financial Statements Financial performance Going concern assumption Qualitative characteristics Recognition criteria Financial reporting framework -- [pdf-embedder...

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Fundamentals of Financial Reporting – Module IV

by admin | May 29, 2023 | Fundamentals of Accounting and Financial Reporting

Fundamentals of Financial Reporting - Module IV This module elucidates, transaction processing under financial reporting and covers the following: Revenue to cash Purchase to payables Recording to reporting Enterprise hierarchy Chart of Accounts and Accounts hierarchy...

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Fundamentals of Accounting – Module III – Financial Statements

by admin | May 29, 2023 | Fundamentals of Accounting and Financial Reporting

Fundamentals of Accounting - Module III - Financial Statements This module explains the basics of Financial statements as follows: Financial Statements are Summary-level reports about an organization's financial results, financial position and cash flows. Useful for:...

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Fundamentals of Accounting – Module II – Overview of Accounting concepts

by admin | May 29, 2023 | Fundamentals of Accounting and Financial Reporting

Fundamentals of Accounting - Module II - Overview of Accounting Concepts This module talks about the following: Accounting Concepts Accounting Conventions Accounting Hierarchy -- [pdf-embedder...

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Fundamentals of Accounting – Module I – Overview of Accounting concepts

by admin | May 29, 2023 | Fundamentals of Accounting and Financial Reporting

FUNDAMENTALS OF ACCOUNTING MODULE I OVERVIEW OF ACCOUNTING CONCEPTS This module covers the following concepts: Definition of Accounting Function of Accounting Classification of Accounting Bank Reconciliation Statement Rectification of Errors -- [pdf-embedder...

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Finance for non-finance – Module 5 – Strategic Cost Management

by admin | May 25, 2023 | Finance for Non-Finance

Finance for non-finance - Module 5 - Strategic Cost Management This module explains the following pillars of Strategic Cost Management which are: Conventional costing Activity-based cost management Target costing Lifecycle costing Kaizen costing Total Quality...

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