In today’s business world, when every manager is held accountable for the bottom line, you have to be finance savvy!

Finance...for non-financial managers. It’s a topic you must understand—especially during challenging economic times when financial acumen is expected at every organizational level. You’ve got to know how to justify a request, quantify your contributions to the company and spot profit drains immediately. Because whether you’re a wizard of finance or a non-financial manager, performance is measured the same way—in dollars and cents!

Offering an accessible overview of finance for non-financial managers, this workshop features exactly what you need to further your career and build your future. From accruals to write-offs to receivables and payables, this workshop shows non-financial managers the concepts, tools and techniques that can help make each decision pay off—on the job and on the bottom line.

 How You Will Benefit

• Get a firm grasp of the numbers side of your job • Gain greater confidence with a working knowledge of business financials
• Learn how to “think finance” and translate performance into financial terms
• Cultivate proactive working relationships with finance professionals and enhance your value to the organization
• Understand the business dynamics of dollars and cents—and take initiatives that meet your short- and long-term goals
• Take the guesswork out of your decision making and deliver a better bottom line
• Expand your professional expertise—and your career opportunities

 What You Will Cover

• Key finance terms: assets, liabilities, capital, depreciation, capitalization, current ratio and others
• The accounting process: journals and ledgers, how debits and credits work.
• Mastering the mind-set: see business in terms of dollars-andcents decision options that pay off—short- and long-term
• Basic accounting principles
• Applying accounting conventions and guidelines
• Developing working rules regarding your corporate financial statements
• Using the balance sheet to examine assets and liabilities
• Analyzing the income statement to assess revenues and expenses
• The statement of cash flow: sources and uses of funds
• Content and format of the annual report
• Understanding the footnotes
• Debt vs equity financing
• How leveraging can increase return to shareholders
• Keeping your plan on target with budgetary controls
• Using profit-planning tools, break-even analysis, financial forecasting
• Cash flow: where cash comes from and how it’s applied
• Elements of cost accounting
• Analyzing payback method, discounted cash flow, present value and present value index in making profitable capital investment decisions
• Criteria for examining the performance of divisions and product lines
• Understanding the cost of capital

  Who Should Attend

This program is designed for non-financial managers in every functional area of responsibility in all industries.

 Additional Information

Seminar Schedule