Finance for Non-Financial Managers
Better understand and discuss corporate financials
Designed specifically for individuals without a finance degree and/or 'financial language' experience, our course will help you to better understand and confidently discuss the financial strategies of your organization. We'll demonstrate how managers in virtually any profession can use financial statements to work smarter and more efficiently. You'll apply newly-learned financial concepts in real time as you identify the roles of balance sheets and income/cash flow statements while ascertaining the fiscal health of your organization. Students will design a simulated new business, and we'll practice utilizing financial information in order to make better business decisions and boost profits.
Course Outline
Lesson 1. Finance Overview- The Role of Finance
- Financial Reporting Rules
- Financial Statement Defined
- Balancing the Balance Sheet
- Understanding Equity
- Assets and Ownership
- Income Statement Basics
- Retained Earnings and Profit Distribution
- Risk Assessment
- Accrual Accounting
- Cash Flow and Liquidity
- Discuss Basic Inputs
- Describe the Equity Investment
- Asset Acquisition, and Capitalization
- Loan Amortization, Depreciation, and Taxes
- Balance Sheet and Income Statement Entries
- Revenue, Operational Expense, Taxes, and Profit
- Review Resulting Balance Sheet, Income Statement
- Stakeholder Analysis
- Financial Condition
- Productivity Metrics
- Profitability Metrics
- Financial Leverage
- Earnings Before Interest, Depreciation, Taxes and Amortization (EBITDA)
Lesson 6. Profit Improvement Strategies
- Net Present Value
- Return on Investments
- Cost Accounting
- Breakeven Analysis
- Business and Strategy Planning
- KPI Review
- Cost Accounting Review
- Breakeven Analysis
- Revenue Optimization
- Net Present Value Review
- Scenario Analytics
- Business Planning
- Applying Finance Concepts to Your Work
Learner Outcomes
After this class, you will be able to:
- Use the language of finance with confidence
- Identify the role of the three basic financial documents used in businesses: balance sheet, income statement and statement of cash flows
- Identify whether an organization is financially healthy
- Brainstorm strategies for boosting profits by using financial information
- Use financial information to make better business decisions
Course Sections
| Type | Date | Time | Location |
|---|---|---|---|
| Classroom | TBA | 9:00AM - 4:00PM | Century Center |
Finance for Non-Financial Managers Course Information
Contact Hours
12 hours
Course Fee(s)
Tuition non-credit - $695.00