Finance For Non Finance (Retail)

Denny HaRTANTO

2 Days Workshop

Introduction

The primary goal of this workshop is to help Retail Store Managers/Supervisors who have little or no knowledge in finance and accounting in developing sound financial knowledge to read and understand financial reports. Real-current problematic finance & business cases will be analyzed and scenario solutions will be provided during the workshop.

Course Objectives                                                                                                                                   
By the end of this course you will be able to:

  • Understand Overview Of The Finances 

  • How to read & manage the Income Statement 

  • Use Income Statement to evaluate performance 

  • Understand the relationship between cash flow statement and balance sheet

Methodology

Case Study & Group Discussion. 

Who Should Attend

Entrepreneurs, Business Managers, Marketing Managers, Supervisors, Executives and Managers and all professionals who are interested in Finance for non Finance

Special Feature: NOTE: Please bring laptop along

Programme Outline

Day 1

Module 1: Overview Of The Finances 

  • Financial information as tools for managing business

  • Structure of financial statements

  • The income statement

  • The balance sheet

  • Business profitability through the income statement

  • Financial condition

Module 2: Retail Shrinkage

• Identify The key drivers

• Ways to Spot the Shoplifter

• Retail Shrinkage Prevention

Module 3: Managing The Income Statement

  • Overview of retailing operations

  • Sales and turnover

  • Gross  retailing margins

  • Managing Store expenses

Module 4: Store Performance

  • Sales & stock management 

  • Store performance 

  • Managing store costs

  • Managing with budgets – variances

Day 2

Module 5: Investment Appraisal (Case Study)

  • Calculate return on investment (ROI),

  • Calculate  net present value (NPV), internal rate of return (IRR), and payback period

Module 6: Budgeting 

  • Planning Process

  • Preparation Of Budgeting ( Operational & financial Budget)

  • Budgeting and Human Behavior 

Module 7: Risk Modelling Skills

  • Analyzing the potential risks facing an organization

  • Mitigating controls 

  • Weight the financial impact 

  • Cost/benefit decision analysis

  • Risk Model software

Module 8: Summary & Application

Managing & Maintaining A Full Set Of Accounts

Finance For Non-Finance Professionals (Bank sector)
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