This course covers what everything business people and managers need to know about accounting and finance. It is directed toward the businessperson who must have financial and accounting knowledge but has little formal training in finance or accounting. This could include a newly promoted middle manager or a marketing manager of a small company. The entrepreneur or sole proprietor also needs this knowledge; he or she may have brilliant product ideas, but not the limited ideas about financing. The goal of the course is to provide a working knowledge of the fundamentals of finance and accounting that can be applied, regardless of the firm size, in the real world. It gives managers the understanding they need to function effectively with their colleagues in finance.
Everything business people and managers need to know about accounting and finance.
Identify the non-financial manager’s concern with financial planning and recognize the responsibilities of financial managers. Define different types of costs and their allocation. Recognize financial components critical to decision analysis. Recognize the relationships between costs, volume, and profit. Identify relevant costs in the manufacturing process. Identify the importance and value of sales forecasts. Identify variance analysis and its usefulness to financial analysis. Identify components of working capital. Recognize ways to improve the rate of return with accounts receivable and credit. Recognize inventory management considerations. Recognize future values and different loan types. Recognize each of the basic capital investment analysis techniques, and more.
Non-Member Price $431.00
Member Price $375.00