Saturday, 14 March 2020

Financial Accounting and Analysis

Are you one of those who is curious and wants to learn about financial statements, but is intimidated by financial numbers and jargon? Then this course is for you!

In this , we will demystify accounting jargon, help you understand financial statements and analyse them for better decisions. Whatever be your background – marketing, operations, supply chain, strategy, engineering or others, in today’s competitive world, you need to use and interpret crucial financial data for making informed decisions.

This will enable you to:

Understand the various elements of financial statements
Apply accounting principles related to its preparation
Use tools and techniques to analyse and interpret the key parameters of financial performance

The course has direct application and high relevance in every professional’s life. Concepts learnt in the course can be applied in day to day management for improving operations and creating value for the organization. You will also be able to assess financial implications of your decisions.

This will be covered in an easy, simple and interactive manner through various hands-on activities, short cases and easy-to-understand examples.

No previous finance knowledge is needed. Come armed with enthusiasm and curiosity to learn.

What you'll learn

Basic financial concepts
Financial statements and their elements
Various accounting standards with respect to the elements in the financial statements
Techniques to analyse the financial statements
Interpretation of financial statements for better decision-making

1: Introduction to Financial Accounting

Introduction to Accounting
Using Financial Information for Decision Making
Introduction to the Accounting System
Understanding Business Transactions: A Visit to Raj Cafe
Recording through Accounting Equation
Preparing Financial Statements for Raj Cafe
Recap
Preview of Upcoming Weeks

2 : A Closer Look at the Balance Sheet

Introduction to the Elements of Balance Sheet: Assets, Liabilities and Equity
Non-current Assets
Current Assets
Non-current Liabilities
Current Liabilities
Equity
Recap
3.Aloser Look at the Income Statement, Cash Flow Statement and Statement of Changes in Equity

Introduction to Income Statement and Related Accounting Concepts
Important Elements of the Income Statement
Introduction to Cash Flow Statement
Statement of Comprehensive Income and Statement of Changes in Equity
Recap
4 Financial Statement Analysis – I

What is Financial Statement Analysis
Students Analyzing the Financial Statements
Horizontal Analysis of Financial Statements
Common Size Analysis of Financial Statements
Ratio Analysis Part I
Recap

5 : Financial Statement Analysis - II

Recap -
Ratio Analysis Part 2
Final Recap

https://youtu.be/14z4gKJGroA

Tuesday, 10 March 2020

A VIDEO ON STOCK EXCHANGE BOARD OF INDIA

http://www.youtube.com/watch?v=UUW0ZSAAUMM

Saturday, 7 March 2020

NEW PRODUCT DEVELOPMENT RELATED VIDEOS

New Product Development is a multidisciplinary course. It covers areas like design, strategy, marketing and operations. It involves multiple disciplines to create a new product.

In this course, you will learn how companies can identify some significant existing or latent user needs and how to use this understanding to develop new products or services to meet needs. This course will cover how to make product development process effective and efficient.

This section will help you understand-

Importance of new product development process
Product and User centric viewpoints.

https://youtu.be/GbbUy9XP9Ew

Decisions taken at the early stages can have major strategic and operational impact on the success of the new product when launched.

This section will help you understand-

How bad decisions at early stages can restrict the range of customers that find it very suitable.
Cost of late design changes
Two major Targets to be achieved in New Product Development Process

https://youtu.be/B_VgMtVG8Bk

A good business model requires articulation of how to make the product/service and how to deliver that product/service at reasonable cost.

This section will help you understand -

What are business models?
Why do some business models fail?
Narrative Test and Numbers Test

https://youtu.be/qBZH7PToC-A

To understand what makes one business model more successful than others, we will study in detail, example of Uber Taxi Service

In this section, you will learn-

What makes Uber superior to Call Taxi Service
How Uber creates value through Business model
How Uber ensures equity among all stakeholders

https://youtu.be/BHOr4evQNP4

A good business model requires articulation of how to make the product/service and how to deliver that product/service at reasonable cost.

This section will help you understand -

What are business models?
Why do some business models fail?
Narrative Test and Numbers Test

https://youtu.be/qBZH7PToC-A

To understand what makes one business model more successful than others, we will study in detail, example of Uber Taxi Service

In this section, you will learn-

What makes Uber superior to Call Taxi Service
How Uber creates value through Business model
How Uber ensures equity among all stakeholders

https://youtu.be/BHOr4evQNP4

The entire process of managing new product process starts with developing mission statement. In this section, you will understand how mission statement is developed for a new product.

Mission Statement involves product description, key business goals in terms of profitability and market share, identifying primary market for the product, identifying secondary market, assumptions and identifying the stakeholders.

https://youtu.be/sBTCLpEpWcc

Managing Product Development involves Portfolio Management (doing right things) :Balancing the product portfolio and Project Management : (doing things right)

This section will cover the company’s portfolio of products and concept of portfolio management.

https://youtu.be/Sp9uHwrHaEo

This section will help you understand the nature of portfolio decisions of the company. While adding a new Product, a company must take several decisions regarding-

Brand
Market
Pricing
Cost
Operations

https://youtu.be/_KQKOwWxsy0

In this section you will study the stages of Product Development Process- Concept Generation, Concept Selection, Product Design, Development, Prototype Testing and Product Release. Maximum flexibility is at the beginning of the project. As the project evolves, funnel narrows.

https://youtu.be/CKtQYamBOnU