Fundamentals of Finance and Accounting for Non-Financial Managers
The Canadian Management Centre (CMC)
Delivery Method
Seminar
Target Audience
This program is designed for non-financial managers in every functional area of responsibility in all industries seeking to gain a better understanding of the financial elements of their jobs.
Summary
Speak the language of finance and make decisions which support the bottom line.
Description/Agenda
Build financial acumen that will help you minimize risk and maximize
profit.
Get a grip on what those numbers and financial documents really mean. Speak
the language of finance and make decisions which support the bottom line. The
truth is, no matter how great your management style or how innovative your
ideas, your performance in today’s economy will be measured in dollars and
cents.
LEARNING OBJECTIVES
- Identify and describe the different methods of accounting
- Read, understand and evaluate financial statements
- Analyze annual reports to determine an organization's true financial
picture
- Differentiate between fixed and variable costs and plan for profit
- Review and analyze capital expenditure budgets, operating budgets
and understand the function of the capital budget
COURSE BENEFITS
- Increase confidence in your decisions that impact the bottom line
- Budget more effectively
- Be able to understand and speak the language of finance and
accounting
- Minimize and manage risk
- Build a strong management team who make decisions with due
consideration for financial impact
COURSE FEATURES
- Hands-on activities to engage participants in demonstrating skills
- Job aid(s) and tip sheets to take back to the workplace
- Sample business reports and documents for applied learning
ACCREDITATION
18 PDUs
RIBO Credits: Management Skills 18 hours
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