Fundamentals of Finance and Accounting for Non-Financial Managers (Live Online)

Can you demonstrate your value and ROI to your boss? Are you able to interpret financial reports and make decisions based on the data they provide? Can you draft an accurate budget? Can you justify your ideas in dollars and cents?You didn’t get to this point in your career only to be held back by weak financial skills. This program for non-financial managers makes the basics of finance accessible to anyone in just 2 days.Who Should AttendThis program is designed for non-financial managers in every functional area of responsibility in all industries.How You Will BenefitGet a firm grasp of the numbers side of your jobGain greater confidence with a working knowledge of business  financialsLearn how to “think finance” and translate performance into financial termsCultivate proactive working relationships with finance professionals and enhance your value to the organizationUnderstand the business dynamics of dollars and cents—and take initiatives that meet your short- and long-term goalsTake the guesswork out of your decision making and deliver a better bottom lineExpand your professional expertise—and your career opportunitiesWhat You Will CoverKey finance terms: assets, liabilities, capital, depreciation, capitalization, current ratio and othersThe accounting process: journals and ledgers, how debits and credits workMastering the mind-set: see business in terms of dollars-and-cents decision options that pay off—short- and long-termBasic accounting principlesApplying accounting conventions and guidelinesDeveloping working rules regarding your corporate financial statementsUsing the balance sheet to examine assets and liabilitiesAnalyzing the income statement to assess revenues and expensesThe statement of cash flow: sources and uses of fundsContent and format of the annual reportUnderstanding the footnotesDebt vs. equity financingHow leveraging can increase return to shareholdersKeeping your plan on target with budgetary controlsUsing profit-planning tools, break-even analysis, financial forecastingCash flow: where cash comes from and how it's appliedElements of cost accountingAnalyzing payback method, discounted cash flow, present value and present value index in making profitable capital investment decisionsCriteria for examining the performance of divisions and product linesUnderstanding the cost of capital