NABARD MABIF along with Vazhndhu Kattuvom Project has jointly organized a "Financial Management Training for Master ECPs" from 07th Aug - 12th Aug'23 at NABARD MABIF, AC&RI, Madurai. A total of 120 ECPs from the Tiruvallur, Ranipet, Chengalpattu & Tiruvannamalai districts participated in this Program.
The main objective of the training was to educate the ECPs on the various aspects of Financial Management.
The Training covered and discussed various topics on:
1. Liabilities (Shareholders & Director limit, Capital fund, Stuatory liabilities, Bank loan & Govt. grant and etc.,)
2. Assets (Fixed assets, Investments, Balances with Govt. authorities).
3. Profit and Loss (Expenses & Income).
4. Business Plan Preparation (Financial planning, Sensitivity analysis, Assessment of working capital).
5. Financial Management (Budgeting, Handling of Grants & Loans).
6. Statutory Liabilities (GST, Provident fund, ESI, TDS).
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