EXED 01N - Finance for Non-Financial Professionals
Course Description
Develop your skills in dealing with financial information.
Transforming Managers with little or no experience in accounting or financial management to develop a working knowledge of these critical business areas. This program builds confidence in reading and understanding financial information to aid in financial decisions by providing clear examples of the content, concepts and terminology of financial systems. Learn methods often used to evaluate the financial viability and impact of business decisions.
Learner Outcomes
Accounting Sessions:
- Understand Generally Accepted Accounting Principles and the accounting process.
- Understand and learn to analyze balance sheets, income statements, statements of cash flows, audit reports, and other reports accompanying financial statements.
- Learn general accounting practices for not-for-profit organizations.
- Learn the difference between financial accounting and managerial accounting.
- Understand cost-volume profit analysis including relevant, variable, and fixed costs.
- Calculate break-even points and contribution margins to assist with business decision making.
Finance Sessions:
- Learn to analyze corporate financial statements from a finance perspective.
- Understand discounted cash flow analysis and its relevance in stock and bond valuation.
- Analyze the viability of corporate projects.
- Understand the lessons learned from capital market history and how risk and return are vital in the analysis of capital requirements.
- Learn how to analyze lease vs. purchase decisions.