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Course Description

Designed specifically for individuals without a finance degree and/or 'financial language' experience, our course will help you to better understand and confidently discuss the financial strategies of your organization. We'll demonstrate how managers in virtually any profession can use financial statements to work smarter and more efficiently. You'll apply newly-learned financial concepts in real time as you identify the roles of balance sheets and income/cash flow statements while ascertaining the fiscal health of your organization. Students will design a simulated new business, and we'll practice utilizing financial information in order to make better business decisions and boost profits.

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Course Outline

Lesson 1. Finance Overview 
  • The Role of Finance
  • Financial Reporting Rules 
  • Financial Statement Defined 
Lesson 2. Examining the Balance Sheet
  •  Balancing the Balance Sheet
  •  Understanding Equity  
  • Assets and Ownership  
Lesson 3. Examining the Income Statement, Accounting, and Cash Flow
  •  Income Statement Basics 
  • Retained Earnings and Profit Distribution 
  • Risk Assessment  
  • Accrual Accounting 
  •  Cash Flow and Liquidity
Lesson 4. AirBnB Example - Basics
  • Discuss Basic Inputs 
  • Describe the Equity Investment  
  •  Asset Acquisition, and Capitalization  
  • Loan Amortization, Depreciation, and Taxes 
  • Balance Sheet and Income Statement Entries
  • Revenue, Operational Expense, Taxes, and Profit 
  • Review Resulting Balance Sheet, Income Statement 
Lesson 5. Key Performance Indicators
  • Stakeholder Analysis 
  • Financial Condition  
  • Productivity Metrics  
  • Profitability Metrics 
  • Financial Leverage 
  • Earnings Before Interest, Depreciation, Taxes and Amortization (EBITDA)

Lesson 6. Profit Improvement Strategies

  • Net Present Value 
  • Return on Investments 
  • Cost Accounting 
  • Breakeven Analysis 
  • Business and Strategy Planning

Lesson 7. AirBnB Example and Exercise - Advanced
  • KPI Review 
  • Cost Accounting Review 
  • Breakeven Analysis 
  • Revenue Optimization
  • Net Present Value Review 
  • Scenario Analytics 
  • Business Planning

Lesson 8. Wrap-Up
  • Applying Finance Concepts to Your Work

Learner Outcomes

After this class, you will be able to:

  • Use the language of finance with confidence
  • Identify the role of the three basic financial documents used in businesses: balance sheet, income statement and statement of cash flows
  • Identify whether an organization is financially healthy
  • Brainstorm strategies for boosting profits by using financial information
  • Use financial information to make better business decisions

Applies Towards the Following Certificates

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Enroll Now - Select a section below

Section Title
Finance for Non-Financial Managers
Type
Online (Instructor-led)
Days
M, T
Time
9:00AM to 4:00PM
Dates
Nov 08, 2021 to Nov 09, 2021
Schedule and Location
Contact Hours
12.0
Location
  • Zoom
Course Fee(s)
Tuition non-credit $695.00
Drop Request Deadline
Nov 01, 2021
Transfer Request Deadline
Nov 01, 2021
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