What you'll learn

Essential concepts of Accounts and finance
Create a finanacial model based on Actual business Process
Guide to Prepare complete project report even for a non finance person
Why and how to prepare Project cost , Depreciation , Term loan schedule , Profit and loss account and Balance sheet

Requirements

Access to Microsoft Excel
Willingness to learn and an open mind

Description

*** Unlimited Access. Learn while doing.Personalized query resolution.Further an unconditional Udemy 30-day money-back guarantee ***

Introduction :

Developing simple financial model is not a very difficult thing even for a person with non finance background. The process is very straight forward if you link it to the way any business develops.

Business Process :

Right from a great business idea till commercial operation of your business you follow definite steps or process. You need capital to purchase resources or assets and to take care of expenses before starting the business operation. You need funds for day to day running of business operation after commencement. All those transactions are captured and at the end of the year statements showing effectiveness of your business is prepared.

Here you will learn to prepare a simple financial model following most logical steps , which you can apply to more complex cases.

Course Design :

I have tried my best to explain accounting terms in the context of the actual business process. The design is such that any person without finance background, will easily understand it. I tried to keep the entire flow as simple and logical as possible.

What will you learn ?

· How to prepare a Project cost report

· Why and how to calculate depreciation.

· Why and how to prepare Schedule of Term loan

· Why and How to prepare Profit and loss statement

· Why and how to prepare Balance sheet and Cash flow.

Basic Requirement : -

There are no specific requirement as such , just willingness to learn and an open mind. Incidentally as model is prepared in excel access to Microsoft excel will help a lot.

Who is the target audience?

Any one who wants to prepare a project report for his start up
Who wants to learn financial model