IMI is organizing MDP on Understanding & Analysis of Financial Statements

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Published : Friday, 12 June, 2015 03:01 PM

                                                           

                                          

 

Management Development Programme

on

Understanding and Analysis of Financil Statements


July 09 - 10, 2015


Venue:


IMI Campus, New Delhi


Programme Director: Prof Sanjay Dhamija

Introduction & Objectives

Accounting is fast emerging as the language of business. A business enterprise communicates its results to the stakeholders through financial statements. These financial statements can be used in a variety of ways - to take credit decisions, investment decisions or simply to understand the revenue and cost structure of the competitors. Understanding of the financial statements enhances our ability to assess the prospects and risk being faced by the company. However over a period of time complexities of accounting have increased many folds. The operating managers find it difficult to understand and interpret the information conveyed by these financial statements. The workshop will be helpful in improving business decisions by evaluating company’s financial position. The participants will also be able to understand the disclosure requirements of the recently promulgated Companies Act 2013.

Coverage

  • The workshop will focus on understanding and analysis of the financial statements and will help the participants in answering the following questions and beyond:
  • What do the financial statements tell us and what are their limitations?
  • Why do we need GAAP and accounting standards?
  • What are the key components of the Balance Sheet – assets, liabilities, reserves, deferred tax assets and
  • liabilities?
  • How is accrual basis of accounting different from cash basis of accounting?
  • What do the top line and bottom line convey?
  • What is depreciation?
  • What is the impact of different methods of inventory valuation viz. FIFO, LIFO, Weighted Average Method etc.
  • How to understand different types of cash flows as stated in the Cash Flow Statement?
  • How to prepare and analyze common size statements and carry trend analysis?
  • What are different measures of profitability – EBITDA, EBIT, EPS etc
  • Can we judge the dividend policy of the company by using ratios?
  • How to calculate return on assets and return on equity?
  • How to use ratios for working capital management? How do companies manage with negative working capital?
  • How is Current Ratio different from Quick Ratio?
  • What are Debtor Turnover Ratio and Days Sales Outstanding?
  • How to calculate and interpret Inventory Turnover ratio and Holding Period?
  • What is the implication of using borrowed funds?
  • What do interest coverage ratio and cash flow coverage ratios say?
  • How to understand the stock market related terms – market capitalization, P/E Ratio, Dividend Yield, P/B Ratio?
  • How to calculate Economic Value Added and Market Value Added?
  • What is the rationale and impact of stock split, bonus and buy back of shares?
  • Use of information like segment reporting, management discussion and analysis and Auditors Report.
  • What is the impact of the Companies Act 2013 on the accounting and reporting requirements for the companies?

The Pedagogy

The course will be based upon participative discussion, real life cases and practical assignments to achieve the learning objectives. Annual reports of companies from different sectors will be used for analysis. Participants are encouraged to bring the financial statements of their own company to the course.

For Whom

This programme is specially designed for:

  • Independent Directors
  • Heads of Divisions / Functions
  • Entrepreneurs
  • Professionals working in banks and financial institutions with responsibility of credit analysis.
  • Middle level Managers who wish to update their knowledge on financial statements.

No prior knowledge or background in finance/ accounting required.

Faculty
Programme Director: Prof Sanjay Dhamija is currently the Professor of Finance and Accounting at IMI. He is a graduate of Shri Ram College of Commerce, Delhi University and has done his M Com from Delhi School of Economics. He is a Fellow member of the Institute of Cost Accountants of India (FCMA) and also a Fellow Member of the Institute of Company Secretaries of India (FCS). He is also a qualified Chartered Financial Analyst (CFA-ICFAI) besides holding a degree in law (LLB) from Delhi University. He has over 17 years of industry experience in various organizations of repute including over 10 years in the senior management positions. Prof Dhamija has worked with reputed organizations like ABN AMRO Asia Equities (India) Ltd., HSBC Securities and Capital Markets (India) Private Limited, Escorts Finance Limited, DCM Shriram Leasing & Finance Limited and MMTC of India Limited. For the last 12 years he has been in academics. He has handled a number of consulting and training  assignments with organizations in government, public and private sector like ABB, ABN AMRO Asia Equities, Apollo Tyres, Bharat Electronics, BHEL, Central Electricity Authority, Canara Bank, Department of Telecommunication, Department of Atomic Energy, Ericsson India, Fortis Health Care, Fidelity India, Hindustan Coca Cola, Hindustan Coppers, IBM Daksh, Indian Army, Indian Oil, Jamia Hamdard University, LIC, Neyveli Lignite, NHPC, NTPC, ONGC, Punj Lloyd, Pernod Recard Limited, Royal Bank of Scotland, SBI Life Insurance, Suzlon Energy, Transition Opticals, Virgin Mobiles, etc. His areas of specialization include management accounting, corporate finance, personal finance and
financial markets.

He has authored 5 books in the area of accounting, finance and company law including `Financial Management & Policy’ with James C Van Horne and ‘Financial Accounting for Managers’, both with Pearson Education and three books on the Companies Act 2013 with Prof G K Kapoor (Taxmann Publication).

Administrative Details

Dates:
July 09 - 10, 2015

Venue:
International Management Institute
B-10, Qutab Institutional Area, Tara Crescent
New Delhi 110016
Fee:
Non-residential - Rs.16,000 per participant (plus Service Tax as applicable) covering professional fee, programme kit and lunch.

Residential - Rs.25,000 per participant (plus Service Tax as applicable) covering professional fee, programme kit and boarding and lodging (air conditioned single room) from noon of July 08, 2015 to noon of July 11, 2015 at International Management Institute (IMI), B-10/30-31 Qutab Institutional Area, New Delhi 110 016. Please let us know in advance if you want residential facility.

Privileges:
Training portfolio comprising of comprehensive reading material.

Certificate of participation
Complimentary copy of group photograph
Membership of IMI Alumni Association

Registration for the Program:
The last date for the receipt of the nomination(s) is June 29, 2015. In case of subsequent withdrawal or cancellation of nomination(s) no refund of fee will be allowed. However, substitute(s) may be permitted with prior intimation.

Fee can be paid either by Cheque or DD in favour of International Management Institute payable at New Delhi or through electronic fund transfer to IMI account.
Allahabad Bank Account Number: 50084979288
MICR Code: 110010007
IFSC Code: ALLA0211083
Pan No: AAATI0972K
Please mention the programme name while making payment through electronic fund transfer.

About IMI:

Nestled in Qutab Institutional Area, International Management Institute (IMI), New Delhi was established in 1981 in Collaboration with IMI Geneva (now IMD Lausanne). IMI is India’s first corporate sponsored Business School with sponsorship from corporate houses like RPG Enterprises, Nestle, ITC, SAIL, Tata Chemicals, BOC and Willamson Magor etc. Over a period of time in the last 32 years the Institute has acquired a truly global status. The Institute received UNDP assistance for also various other international linkages with bodies like World Bank, UNDP, ILO, UNCTAD, Asian Productivity Organization etc.

To provide a global prospective to the students, the Institute’s flagship two year Post Graduate Programme in Management has a student exchange programme with various European Schools such as ESC Rennes, France, MIP School of Management France, Graz University Austria, IESEG School of Management and IDRAC Lyon, France etc.

Besides this IMI is one of the empanelled Institute of the Ministry of External Affairs, GOI, for special Commonwealth  Assistance Programme under which the Institute gets the executive MBA students from various Afro-Asian countries for its 15 months Executive Post Graduate Programme in Management. Today IMI enjoys the place of esteem among the leading management Institute and the patronage of reputed business organization in the country. The aim, approach and activities of IMI are guided by all its stakeholders, students, alumni, corporate patrons and society in general.

Calendar of Open Management Development Programmes
(April 2015 - March 2016)

Sl.
No
.
Programme Title Date Days Venue  
1 Understanding and Analysis of
Financial Statements
9-10 July, 2015 2 days IMI Campus Prof. Sanjay Dhamija
2 Decision Making under Uncertain
Environment
20-22 July, 2015 3 days IMI Campus Prof. Arvind Chaturvedi &
Prof. Harsh Vardhan
3 Strategic Leadership Programme 3-7 August 2015 5 days IMI Campus Prof. Abhishek Nirjar
4 Developing Strategies for
Competitive Advantage (Simulation
based programme)
1-5 September 2015 5 days IMI Campus Prof. Abhishek Nirjar &
Prof. Ashutosh Khanna
5 Creating Customer Delight 8-9 October, 2015 2 days IMI Campus Prof. D K Batra
6 Advanced Research Techniques for
Marketing Decisions
15 – 17 October, 2015 3 days IMI Campus Prof. Deepak Chawla &
Prof. Neena Sondhi
7 Social Media in Business
Communication
29-31 October 2015 3 days IMI Campus Prof. Manaswini Acharya
8 Management of NPAs and recovery
Strategies in Banks
19-20 November, 2015 2 Days IMI Campus Prof. R R Sharma &
Prof. Deepak Tandon
9 Managing Growth through
Strategic Innovation
26-28 November 2015 3 days IMI Campus Prof. Abhishek Nirjar &
Prof. Ashutosh Khanna
10 Developing and Leveraging Brands 3-5 December 2015 3 days IMI Campus Prof. Manaswini Acharya
11 Interpersonal Skills and Persuasive
strategies for Managers
9 – 11 December, 2015 3 days IMI Campus Prof. V Chandra
12 Driving Business Performance by
Engaging Customers
14-15 December, 2015 2 days IMI Campus Prof. D K Batra
13 Marketing to the Base of the
Pyramid
18-20 January 2016 3 days IMI Campus Prof. Nalin Jain
14 Enhancing Productivity through MS
Office
28-29 January, 2016 2 days IMI Campus Prof. Himanshu Joshi
15 Finance for Non
Finance Executives
3-5 February, 2016 3 days IMI Campus Prof. Sanjay Dhamija
16 Strategic Project Management 8-9 February, 2016 2 days IMI Campus Prof. Sidharth Varma &
Prof. Sanjay Dhamija
17 Business Analytics for Value
Creation
15-16 February, 2016 2 days IMI Campus Prof. Himanshu Joshi
18 Personal Branding 22-24 February 2016 3 days IMI Campus Prof. Manaswini Acharya

For registration/additional information, please mail: mdp@imi.edu, aseem@imi.edu or visit : www.imi.edu

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