Certificate in Accounting and Finance for Non Financial Managers
Program Courses
Accounting and Finance for Non Financial Managers
Cash is King
Financial Analysis and Planning for Non Financial Managers
Other Online Certificates and Courses
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Call us at:
855-846-8252
Send email to:
info@ugotclass.org
With the demands of daily operations, non-financial managers may put financial reports on the shelf. But take a look at some of the most admired companies like Apple, Google, and Berkshire Hathaway. Sure, they are evaluated by their products, innovation, and culture but they wouldn’t be in the limelight without profits. Money matters! This course will help you build on your understanding of financial concepts and help you establish your role in the financial success of your organization.
Designed for non-financial managers, business owners, entrepreneurs, and other decision-makers, this advanced course will take the mystery out of money matters. Throughout this course, financial information that drives your organization, as seen on the business’s reports, will be assessed and analyzed to understand it. An understanding of this information will help you make smart decisions when it comes to budgeting, setting goals, and assessing performance within your own area of influence.
One month course, Jodie Trana, instructor
Agenda
Unit 1 - Financial Strategies
1.1 Your Role in Financial Decision Making
Who is responsible for the financial decisions in your company?
The Goal of Business
1.2 Understand the Language of Finance
Accounting as a Language
Learn the Language
Visual Activity – Accounting Process
Accounting and Recordkeeping Systems
Self Check – Account Categories
1.3 Read the Story
A Word about Financial Concepts
***Financial Concept: The Accounting Equation***
***Financial Concept: The Matching Principle***
The Common Financial Statements
Income Statement
The Balance Sheet
Statement of Cash Flows
1.4 The Purpose of Financial Statements
Unit 2 Financial Dashboard – Introduction to Financial Gauges
2.1 Understand Basic Financial Concepts
Introduction
The Story Statements Tell
***Financial Concept: The Accounting Equation***
***Financial Concept: The Profit Matching Principle***
***Financial Concept: The Fund Matching Principle***
***Financial Concept: Cash Basis vs. Accrual Basis Accounting Methods***
***Financial Concept: Cash vs. Profits***
***Financial Concept: Debt vs. Equity (Optimum Capital Structure)***
2.2 Financial Strategies
Financial strategies stem from business goals
Take a Look: Example Financial Strategies
2.3 Financial Gauges
Introduction to Financial Gauges
Your Financial Gauges
Profitability-based gauges
Performance-based gauges
2.4 Reading Your Financial Gauges
The Story Financial Gauges Tell
Research and Analysis
Unit 3 Financial Gauges - Profitability
3.1 Profitability Gauges
Ratio Analysis
Financial Gauge: Net Profit Margin (or) The Bottom Line
Financial Gauge: Gross Profit Margin
Financial Gauge: Operating Margin
Using Profitability Ratios
3.2 The Components of Profitability
The Origin of Profits
Sales and Expenses
3.3 Sales
Sales Strategies
Pricing Strategies
3.4 Cost of Goods Sold and Cost of Sales
Cost of Goods Sold
Gross Profit Margin
Gross Profit Analysis and Planning
Evaluate Profitability of Product or Service Lines
3.5 Expenses
Budget vs. Actual Analysis
Cost Management and Efficiency
Unit 4 Financial Gauges - Performance
4.1 Making Money
The Goal of Business
Value Growth
Company Resources
4.2 Taking Advantage of Assets
Tangible vs. Intangible Assets
Cash
4.3 Making the Most of Liabilities and Equity
Liabilities
Equity
4.4 Performance Financial Gauges
Financial Gauge: Current and Quick Ratio (Liquidity)
Financial Gauge: Return on Assets
Financial Gauge: Return on Equity
Financial Gauge: Debt to Equity Ratio
4.5 Financial Analysis and Planning Summary
Downtown Publishing Financial Performance Analysis
Summary
Accounting and Finance for Non Financial Managers
-Next session coming soon-
Cash is King
October 7 -
November 1
Financial Analysis and Planning for Non Financial Managers
November 4 -
29
Ave. hours 16; 1.6 CEUs/ILUs
About Your Instructor
Jodie Trana has had a career in business consulting and financial management. She then started a consulting and training organization offering educational consulting services to organizations such as the Kauffman Foundation, the largest foundation devoted to entrepreneurship. Jodie contributed the financial chapters for Kauffman’s textbooks and managed the curriculum design and facilitation process for their entrepreneurship educational programs. Her content specialties include accounting, financial analysis, business planning, cash flow analysis, and funding request analysis. Her background includes business and financial management in consulting, construction, non-profit, healthcare, and retail industries.
Course Objectives
· To tie together the financial side with the operational side of your area of influence
· To better understand the purpose and operations of the organization
· To gain a use of financial reports to plan and make decisions
· To enhance your support of the financial strategies of the organization
Course Outcomes
At the end of this course, you will:
· Know the financial implications of your daily business decisions
· Interpret and respond effectively to the organization’s financial information
· Contribute towards the organization’s profitability goals
· Make decisions that better support the financial performance of the organization
· Communicate business operations in financial terms
· Think in financial terms to better communicate with those in and outside the organization
About online learning
Online learning is a fun, enjoyable and very productive way to learn. Millions of people are learning online each year. You will engage with the instructor and other participants. You will get to know your instructor and other participants. You may make friends. It’s easy. It’s fun.
How the Course Works
It is easy to participate in your online course. After you register, you will be given a web address to go to get into your online classroom. You will have a password and use your email address and password to gain access.
Once inside the online classroom, here’s what you can expect.
Participate when you want
You can participate any time of day or evening. The online classroom is open 24 hours a day, 7 days a week.
There are no live real-time requirements or meetings. You decide when you participate.
For the best learning, participants should log into the course on 2-3 different days of the week.
What you will do
For each Unit, you will:
For best learning, you should make one or more comments at 2-3 different times each week.
The content (readings, audio lectures, slides) and self quizzes are accessible for the entire course, so you can work ahead, or go back and review again, at your convenience.
Discussion
The Discussion for each Unit lasts one week. All comments are made in writing and can be made at any time of the day or night.
Your instructor will log into the Discussion area at least once a day and answer questions, make comments, and respond to comments by you and the other participants.
We encourage you to make 2-3 comments each week to maximize your learning and enjoyment of the course.
It’s easy. It’s fun.