Accounting and Finance for Non-Financial Managers

McCombs School of Business, University of Texas at Austin

Program Description

Accounting and Finance for Non-Financial Managers

McCombs School of Business, University of Texas at Austin

Program Description - Accounting and Finance for Non-Financial Managers

Refresh your knowledge or learn the basics of accounting assumptions, accounting and financial terminology, and financial analysis techniques. This program teaches you how concepts and strategies are integrated into your company's big picture. You will learn the language of business and begin to understand the reality behind the numbers. Different types of information systems will be examined: control-based accounting structures for managing physical resources; and information-based accounting structures for planning, evaluating, and decision-making. You will learn how to address and communicate problems more effectively, how to identify relevant information, and how to apply the analytical skills needed to make better business decisions and take maximum advantage of business opportunities.

Topics

  • Who uses accounting information and why
  • Development of financial reporting
  • Current regulatory environment
  • Underlying accounting concepts
  • Annual reports and disclosures
  • Financial statement analysis
  • Break-even analysis
  • Operating and financial leverage
  • Performance measures
  • Economic value added
  • Ratio analysis
  • Sources and uses of funds
  • Financial strategies
  • Cash flow
  • Managerial information systems
  • Capital budgeting
  • Value based management

Key Benefits

  • Communicate more effectively with accounting and finance peers
  • Read and use annual reports and disclosures
  • Interpret a company's profitability, solvency, and liquidity
  • Implement sophisticated working capital management techniques and understand why cash flow is king
  • Comprehend managerial accounting: relevant costs, overhead allocations, and contribution margin
  • Understand the performance metrics by which you are being measured
  • Increase your firm's wealth through capital budgeting
  • Explore alternative business valuation principles and how you can impact the value drivers of your firm

Continuing Education Units


Participants earn 1.4 continuing education units (CEUs). A certificate of completion will be presented from Texas Executive Education



Duration & Price
This course is Campus based
Start Date
Start date
Sept. 2016
Duration
Duration
2 days
Part time
Price
Price
2,400 USD
Information
Deadline
Start date Sept. 2016
Place
USA Austin, Texas
Application deadline Request Info
End date Request Info
Duration 2 days
Price 2,400 USD
all included.$2,450.- for Fall 2009