Fundamentals of Finance and Accounting for Non-Financial Managers

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.

How Will you 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-and-cents 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.

Reviews:

★★★★☆
"a big help"
As a wastewater Department Manager, this program was a big help.

Travis J. 
2/1/2021


★★★★★
"Instructor was very helpful"
Instructor was very helpful, knowledgeable and supportive.

Peter S.
6/25/2020


★★★★☆
"professional and very informative"
Course was as I have come to expect from AMA Training - professional and very informative, even on a truncated timeframe.

Christopher W. 
7/24/2020


★★★★★
"very informative"
very informative. 

Yesenia W.
8/17/2020


★★★★★
"Well structured"
Well structured and conducted course to impart the desired information and knowledge for better understanding of financial reports.

Tarun J. 
3/2/2021