Finance for Non-Financial Managers - Online

This introductory course provides managers with a basic understanding of financial management. It demonstrates how to read and understand key elements of financial statements and reports, such as balance sheets, income statements and cash flow statements. Participants also learn how to apply basic financial and accounting principles to budget preparation and analysis.

This is an asynchronous eLearning course that can be accessed 24/7 from any internet enabled computer.

Available TodayOnlineUSD$299
Instructional Method:
Self-Study
Level: Basic
CPE Credits: 6

Managers, analysts, consultants, project leaders, accountants, auditors, and others who seek a broad, yet comprehensive understanding of managerial financial tools and analytical methods used by successful operating managers to make better business decisions.
Students will be able to:
  • Recognize the goals of financial management
  • Define key accounting concepts
  • Recognize the use and characteristics of a balance sheet
  • Recognize the use and characteristics of an income statement
  • Identify a cash flow statement and how to use it
  • Recognize the use and characteristics of the notes to financial statements
  • Recognize the purpose and characteristics of Generally Accepted Accounting Principles (GAAP)
  • Identify the importance and characteristics of an audit and that of its primary documentation
  • Define double entry bookkeeping concepts in relation to the accounting equation
  • Compare the functions and contents of a ledger and a journal
  • Identify the different types of budgets
  • Describe the elements necessary to prepare a basic budget
  • Identify specific tools for analyzing and benchmarking financial information
  • Discuss the time value of money
None
  • Money & Banking - Online
  • Corporate Finance - Online
  • Business Valuation - Online
  • Financial Statement Analysis - Online
    • Review
    'This course offers basic but thorough information and has a nice balance of professionalism and personability,' says LGuide, an independent e-learning research and consulting organization.
    Individual Modules

    Introduction to Financial Management

    • What is Financial Management?
    • Goals of Financial Management
    • Definition of Profitability and Viability
    • Definitions of Key Accounting Terms

    Key Financial Statements

    • Balance sheet
    • Income statement
    • Statement of cash flows
    • Notes to financial statements

    GAAP and Audits

    • Recognize the purpose and characteristics of Generally Accepted Accounting Principles (GAAP)
    • Identify the importance and characteristics of an audit and that of its primary documentation

    Recording Financial Information

    • Define double entry bookkeeping concepts in relation to the accounting equation
    • Compare the functions and contents of a ledger and a journal

    Budgeting for Nonfinancial Managers

    • What is a Budget?
    • Organizational Budgets and Departmental Budgets
    • Using a Budget
    • Preparing a Budget

    Analyzing and Benchmarking Financial Information

    • Financial Ratio Analysis
    • Liquidity Ratios
    • Profitability Ratios
    • Time Value of Money