Break Through Cost Management Strategies for Difficult Times
"It's not about having lots of money. It's knowing how to manage it".
Struggle due to Covid19 is in all the sectors and in the end, it all comes down to money and how you manage it. And the current situation has made all of us to sharply look into our finances and strategise accordingly.
AIC-RNTU in association with CII & YI successfully organised an insightful, interactive live Webinar on "Break Through Cost Management Strategies for Difficult Times" By Mr. Anil Lamba.
The session threw light on factors like Sales, Fixed cost, Variable cost, profit, contribution per unit and calculation of BEP (Break-Even Point) by keeping these factors in mind. It also covered the Leverage effect, Marginal costing and situation based examples to calculate the Top Line and Bottom Line of the company.
As stated by Mr. Lamba that Finance Management is the ability of every person to take part in the finance action. The session was attended by 200+ participants and successfully concluded with a brief Q&A Session.
Date and Venue:10 April, 2020 - Online
Key Speaker: Dr. Anil Lamba, Charted Accounted, Financial Literacy Activist
Organizers/Co-Organizers: AICRNTU Foundation