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P26 – FINANCE APPRECIATION PROGRAMME (COMBINED)

Background

The finance function plays a vital role in the overall functioning of any organisation. Therefore, executives working in other departments need to be familiar with the finance function. This programme aims to give inputs on finance to Insurance executives which will help decision making.

 

Objectives

This programme is designed

• To understand basic concepts in financial management

• To determine a company’s financial strengths and weaknesses

• To know about the basics of capital budgeting and approaches to analysis and control

• To examine the role of audit - internal checks and internal controls

• To acquaint with investment of insurance funds

 

Contents

• Financial & Economic Environment

• Financial Statements Analysis

• Insurance Accounting &  Financial Analysis of Insurers

• Solvency Analysis

• Investment Management of Insurance Companies

• Internal Checks and Control & Statutory Audit

• Capital Budgeting

 

Participants’ Profile

Middle and senior level executives working in non-finance areas in Life & General Insurance Companies

Duration: 1 Week

Dates:  I)  05.05.2008 - 10.05.2008

            II)  15.09.2008 - 20.09.2008

            III) 01.12.2008 - 06.12.2008