Finance and Accounting for the Nonfinancial Leader

Gaining a seat at the executive table requires sound business acumen. Leaders are expected to know their way around a balance sheet and a P&L report, then use the information to make solid business decisions. In this course, you will gain the knowledge and skills to accurately interpret data within critical financial documents, allowing you to speak intelligently about financials and how they affect your organization’s current and future success.

Learning Objectives:

• Learn the distinction between managerial and financial accounting.
• Complete an overview of basic financial statements and what's important to look for in interpreting and analyzing results.
• Gain exposure to key financial metrics and how to use these to better understand the business and impact results.
• Gain insights into the budgeting process from a CFO's perspective.
• Discover approaches to business case justifications to support hiring and capital purchase proposals within your organization.

Who Should Attend:

Managers who have responsibility for business units or the budget and financial performance of a department. Emphasis is placed on helping nonfinancial leaders better understand the basic principles of accounting, the "language" of business, and practical financial knowledge to be a better manager. This program will present basic financial statement formats and is not intended or designed to cover different methods of reporting or presentations that are unique to specific industries like banking, insurance, nonprofit organizations, etc.