Finance & Accounting for Non-Financial Managers

  •  day(s)Duration
  • MDP201BCourse Code
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Course description

Increasing profits and performance are two of the major responsibilities of every manager. This 2-day course will enable you to communicate confidently using financial data and gain practical insights into the crucial financial measurements used by top management.

Who should attend

All non-financial managers and executives (regardless of industry or profession) who want to expand their knowledge and understanding of accounting and finance.

What you will achieve

  • The skill, confidence, and competence to master the numbers side of your business
  • An understanding of how your decisions impact the bottom line
  • The ability to focus clearly and concisely on critical financial indicators
  • Better decision-making based on hard financial data
  • The know-how to improve your understanding and working relationship with your company’s financial department.

What you will learn

  • The Basics of Accounting — linking the accounting equation to business applications
  • The Accounting Cycle — documenting and tracking business transactions and understanding how those transactions are reflected on financial statements
  • The Balance Sheet — understanding its managerial objectives and usage
  • The Income Statement — how to define revenue and expense and effectively use income statement ratios to evaluate profit and loss
  • The Statement of Cash Flow — an understanding of cash flow and non-cash expenses, and the differences between cash and profit levels
  • Cost Accounting — why it is necessary and how to use it as a management tool
  • Fixed Assets — what they are and how to evaluate and account for them
  • Budgeting — the basic budgeting process, cost/price/volume relationships and how they impact the bottom line, break-even analysis, and more.

This course is currently not scheduled. To be notified of the next available date, provide us with your information. Or, if you have a group to train, contact us to learn more about bringing this course onsite to your location:

Call: 1.800.288.7246 (US ONLY) or +1.978.649.8200


Form: Corporate Onsite Request Form