Financial Analysis for NonFinancial Managers

University of Chicago Booth School of Business

Program Description

Financial Analysis for NonFinancial Managers

University of Chicago Booth School of Business

This five-day program will enhance your ability to understand financial reports, better communicate with financial officers in your organization, evaluate your unit's financial performance, and make sound financial decisions.

The purpose of this course is to help nonfinancial managers interpret data from financial reports, including balance sheets, income statements, budgets, and divisional performance reports and make better business decisions based upon this information. The program will teach the analysis of historical performance of financial reports and forecasting financial performance.

Participants will be better able to communicate the financial goals and performances of their departments to outside sources. They will improve their understanding and be able to use financial language to communicate with others, including financial managers in their organizations.


During This Seminar You Will Learn To:

 

-- Understand the fundamental terminologies and methodologies of financial and managerial accounting.


-- Evaluate financial performance.


-- Understand and analyze corporate financial statements


-- Measure the cost and profitability of a product or service.


-- Learn how costing systems are linked to corporate strategy.


-- Measure opportunity and capacity costs.


-- Evaluate key business decisions, such as outsourcing.


-- Organize and evaluate the performance of corporate units.


-- Forecast financial performance and capital requirements.


-- Evaluate capital expenditure proposals.


-- Recognize deficient financial reporting.


Who Should Attend


Nonfinancial mid- to upper-level managers in every functional area of all industries will benefit from this course. Managers from areas such as marketing, sales, human resources, operations, manufacturing, or engineering, as well as general managers who have been promoted through these routes, will find this program highly beneficial to their understanding of financial analysis. This course will be helpful as well to consultants, small business owners, and practicing professionals who want a better understanding of financial principles. Those familiar with finance or accounting principles and interested in a more advanced course, please refer to our Finance for Executives program. 


Program Outline


Analyzing Historical Performance

Forecasting Financial Performance

Overview of Firms' Internal Information Systems

Activity-based Costing and Activity-based Management Systems

Using Cost Information to Understand Profitability and Corporate Strategy

Planning, Control, and Evaluation Systems



Duration & Price
This course is Campus based
Start Date
Start date
Sept. 2017
Duration
Duration
5 days
Part time
Price
Price
7,450 USD
Information
Deadline
Start date Sept. 2017
Place
USA Chicago, Illinois
Application deadline Request Info
End date Request Info
USA Chicago, Illinois
Application deadline Request Info
End date Request Info
Duration 5 days
Price 7,450 USD