Finance at your Fingertips: Recent Episodes
Ravi Thodla
This podcast series attempts to make learning simple. Accounting and finance are the two subjects that people tend to shy away from because they lack a strong foundation in terms of understanding the basic concepts. The objective of this podcast is to remove the phobia of numbers from the minds of people and make the learning experience interesting and exciting. With simple examples from day-to-day life, I try to de-mystify accounting and finance and bring out the three-dimensional beauties of the subject for the benefit of all concerned.
This session covers ratios that indicate the long term financial solvency and coverage for lenders. It also brings out the safety margin available to both owners and lenders who have advanced funds for the business. Leverage ratios are broadly classified as capital structure ratios and coverage ratios which are explained with suitable examples.
Please below google slides for more details
https://docs.google.com/presentation/d/19XVpWZHioHLVy7gqFgB5VWdktLuDGKVa/edit?usp=sharing&ouid=115403858696898107891&rtpof=true&sd=true
This session is a detailed discussion on indicators of the short-term financial strength of a business. We calculate ratios to assess the ability of a firm to meet its short-term commitment and thus conclude that the firm is financially strong or otherwise.
Please find below googles slides for reference
https://docs.google.com/presentation/d/1TIuO2NmRsnEgkwmFeGHkivUFMJPl_cw6/edit?usp=sharing&ouid=115403858696898107891&rtpof=true&sd=true
This session covers the significance of activity ratios or turnover ratios that indicate the operating efficiency of an entity.Although a firm is profitable it also needs to be efficient to maintain and enhance the same through effective management of short-term and long-term capital. Hence it is essential to understand the critical indicators thathighli the efficient performance
Please find below google slide reference link
https://docs.google.com/presentation/d/1D9tCQnwhPbNpfpQarzOfCp8zYZ51UJgQ/edit?usp=sharing&ouid=115403858696898107891&rtpof=true&sd=true
This session covers the meaning and need for Accounting ratios. Classification of ratios based on the users' point of view and underlines the significance of this tool for analysis and interpretation.
Please refer below google slides for more details
https://docs.google.com/presentation/d/1YqKuyo9MZb7RP4Z_AbXbjz86acvD1b38/edit?usp=sharing&ouid=115403858696898107891&rtpof=true&sd=true
This session brings the various methods of analyzing financial statements such as Common size Balance Sheet Vertical Analysis and Horizontal Analysis. It highlights the simplicity of each one of them and underlines the importance in terms of the relative merits.
Please refer below google slides for more details
https://docs.google.com/presentation/d/1lwTzRTlBRZC6htgpQXFbG-mI_4uwMs5x/edit?usp=sharing&ouid=115403858696898107891&rtpof=true&sd=true
https://docs.google.com/presentation/d/1UDzTA4vePGH9APmUSBtYCSjqQnIYl6Ol/edit?usp=sharing&ouid=115403858696898107891&rtpof=true&sd=true
This session explains the presentation of financial statements according to The form prescribed by the Indian Companies Act 2013 schedule 3. This is in line with Ind AS applicable to companies registered in India. The session covers in detail the contents of the Income Statement and Balance Sheet and breaks them down in terms of each component.
Please refer below Google Slides for more details
https://docs.google.com/presentation/d/1Y9yI_3Us0rS4BUoGy7lNCneZsZPhI7Dy/edit?usp=sharing&ouid=103331362238648952539&rtpof=true&sd=true
This session brings out the form and preparation for the two important Financial Statements i.e Income Statement and Balance Sheet. It also covers adjustments that need to be made for item's that are outside the Trial Balance and how they are dealt with in financial statements
This session explains in detail the accounting cycle of recording transactions in books of accounts and the verification of arithmetical accuracy by the preparation of a Trial Balance. It also explains the modern way of recording transactions with a step-by-step approach. Exhibits are provided in the link to bring out clearly process of Book-keeping
Link 1 -https://docs.google.com/presentation/d/1cU05K3os0CejJIrQaBBRjWEfIuuMEa1w/edit?usp=sharing&ouid=103331362238648952539&rtpof=true&sd=true
Link 2 - https://docs.google.com/presentation/d/1F-jhKqJo8atqNABvwdQJ9XXGbhMr9nG9/edit?usp=sharing&ouid=103331362238648952539&rtpof=true&sd=true
This session is devoted to the explanation of the various terms used in accounting with examples. It also covers the approach to modern accounting and the accounting equation in brief.
This episode explains in detail the various accounting concepts and conventions that form the foundation for recording transactions and the preparation of financial statements.