Course in Accounting and Finance for Non-Financial Managers


2 locations available

Program Description

Need a better understanding of accounting & finance principles & where your managerial budget fits into the firm’s big picture? Want to understand accounting lingo? Want some “hands on” interaction to help you come to grips with those bottom line decisions? Whether you are an experienced manager with increasing budget responsibilities, a new manager, a small business owner, a board member or investor—you need to understand the basics of accounting & finance

We are pleased to announce our partnership with the makers of Zodiak, a financial game being used by several fortune 500 companies to educate employees on the basics of accounting & finance. Zodiak involves participants in a game simulation where they purchase a company, invest $4 million, sign a bank loan & try to make business decisions that will make the firm successful.

But it’s not all fun & games. Along the way, terms like “cash flow”, “return on equity”, “working capital”, “cost of goods sold” &“assets” come vividly to life. More importantly, through the profits & pitfalls of running their own company, participants discover tools that may well change the way they view & do their jobs.

From the game to the real world, participants will leave with a new understanding of accounting & finance, including:

  • Financial statements & basic accounting principles: Balance sheet, income statement & statement of changes in stockholders’ equity
  • Net Income versus cash flow
  • Statements of cash flow: Financial analysis using ratios & other tools
  • Nature of financial management: Functions of financial management goals & objectives of the firm, asset & financing needs & cash basis vs. accrual basis
  • The working capital cycle: Funds flow through the firm's operating cycle & cash cycle time line
  • Managing cash: Why hold cash & the cash budget as a key planning tool
  • Other current assets & liabilities: Accounts receivable, inventory management & accounts payable
  • Capital budgeting: Identification of capital projects with excess value, measuring costs & benefits of capital projects, evaluating capital

Target audience

Experienced managers with budget responsibilities

New managers

Small business owners

Board members


Anyone who needs to understand the basics principles of finance & accounting

Last updated Feb 2018

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About the School

The College of Business Administration focuses on flexible programs which meet the needs of its students while providing graduates that meet the needs of the business and healthcare communities. To m ... Read More

The College of Business Administration focuses on flexible programs which meet the needs of its students while providing graduates that meet the needs of the business and healthcare communities. To meet the needs of its students and corporate partners, the future employers of TU graduates and the College of Business Administration formed an Executive Advisory Board made up of corporate leaders who serve as a nationwide resource for faculty and students. These top executives provide the college's leadership with personal insight and advice on how successful national and international companies operate, and what kind of business graduates make the grade in their organizations. With their assistance and guidance, the College continues to develop flexible programs that can be modified as new technology and market developments force companies to rethink how they do business. College Highlights The College of Business Administration at The University of Tulsa offers both business and health science degrees. Students can choose from a wide range of degree programs that are flexible enough to be tailored to the interests of the individual student while providing students with the competitive edge needed to succeed in our rapidly changing world. The college provides an atmosphere that encourages individual success and programs that are innovative and revised as employers' needs change. All college programs are fully accredited by the premier accrediting body for each area of study. The college now offers two accredited online masters programs, the Master of Taxation (MTAX) and the MBA Online, as well as a traditional on-campus MBA, a Master of Science in Finance and three joint graduate programs. The Williams Risk Management Center provides our students with a lifelike laboratory (complete with stock ticker boards, extensive financial databases, Bloomberg terminals, computers, and computer software) where students can apply and extend the knowledge they have gained in the classroom. Our internationally recognized faculty is committed to providing their students with the best educational experience possible by sharing their talents, interests, knowledge, and vision with the students in and out of the classroom. Students have many opportunities to participate in research projects. One such opportunity is through the Tulsa Undergraduate Research Challenge (TURC) program. Many student internships are arranged each year. These working programs provide students with the opportunity to gain real-world experience and often lead to permanent employment after graduation. Our low student-faculty ratio of 11-1 and small class sizes (on average 19 students per class) give students an incredible opportunity to work closely with professors and instructors in and out of the classroom. TU is the co-founder of the business enterprise school in Zelenograd, Russia. All business and health science students have opportunities to study abroad and participate in international study experiences. In addition, the college offers an undergraduate International Business and Language degree. To enhance our students' educational experience, as well as build skills and confidence, the College provides labs to enhance student learning. The Student Investment Fund provides students with an opportunity to invest real money in an environment similar to that of an investment management firm. Students may participate in a large variety of student organizations that supplement their coursework while providing community service and professional networking opportunities The Center for Executive & Professional Development provides a variety of professional development programs for corporate clients and individuals. In addition, the Center creates customized programs on a broad range of topics for their corporate clients.The Family-Owned Business Institute is the only resource center of its kind in the region. The institute offers programs to meet the needs of multigenerational family businesses and a specialized management degree focusing on family-owned business issues. The Genave King Rogers Business Law Center supports a specialized management degree focusing on business law and provides resources for both our on-campus and Tulsa business communities. Friends of Finance is a professional organization that brings leading executives to the TU campus to share their knowledge and explores important business issues. Read less
Tulsa , Toledo + 1 More Less