What the Non-Financial Manager Needs to Know About Financial and Managerial Accounting
Duration: 3 Days
This three-day seminar has been designed to transform the non-financial manager into a more effective team member who can propose, analyze and evaluate financial decisions, by providing a fundamental understanding of the content, concepts, and terminology of financial systems. No previous accounting or financial background is required to benefit from this seminar; however, a very basic knowledge of accounting would be useful.
Who should attend:
It will be of interest to those who are not directly involved in the financial division of the organization, but who are still required to apply financial tools to analyze their own problems and projects. For example:
- Department Directors
- Marketing Managers
- Operations Managers
- Other managers in public sector and non-profit organizations.
What You Will Learn:
- What to look for in a corporate report and how to analyze that information to put it to your advantage.
- How to talk to financial people in your language – and their language.
- How to evaluate both short and long term operating decisions using financial data.
- How Control Systems should work and how they actually do work.
- How to clarify who is responsible for what parts of an organization’s financial strategy – in order to know who to approach with your concerns.
- When to be skeptical of product/service costing methods so you can better evaluate results.
- How to support your business decisions with financial back-up.
- How to prepare operating budgets, cost budgets and capital budgets.
Program Content:
Day 1
- Introduction to the Financial Reporting System
- Reading Corporate Annual Reports
- Financial Statement Analysis
Day 2
- Financial Statement Analysis (continued)
- The Financial Information System
- Business Unit Planning and Budgeting
Day 2
- Capital Budgeting and Investment Decisions
Price: $1,595*
* Price does not include meals and accommodation
30% Non-Refundable Deposit (on Total) Required for Registration; Balance of Fees Due a Minimum of 5 Business Days Prior to Commencement of Program.
For more information, please contact:
Ann Ralph, CEO
(807) 929-3511, Ext. 213; ann@queticocentre.com
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