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.

Faculty

Gain insights into:

Financial Reporting

• 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.

Cost Management

• Recognize issues in recording transactions and making accruals.
• Ask relevant questions about cost allocations and activity-based costing.

Performance Management

• 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.

Capital Expenditures

• Use discounted cash flow and present value to make capital appropriations.

Complimentary Books