This program provides non-financial managers with an understanding of essential financial terminology, concepts and applications.
At the conclusion of this course, you will be able to:
- Analyze and interpret commonly used financial information.
- Gain financial acumen to make wiser business decisions.
- Work more effectively with your organization's financial executives.
Gain insights into:
- Analyze financial statements: balance sheets, income statements and cash flow statements.
- Appreciate the role of General Accepted Accounting Principles (GAAP), regulation FD and fiduciary responsibilities of your organization's management, board and auditors.
- Recognize issues in recording transactions and making accruals.
- Ask relevant questions about cost allocations and activity-based costing.
- Use financial ratios, industry benchmarking and risk analysis.
- Assess planned versus actual performance.
- Align financial performance, customer value, capabilities and human capital.
- Measure working capital and economic profit.
- Use discounted cash flow and present value to make capital appropriations.