ONCE0381 - Accounting and Finance for Non-Financial Managers
Course Description
Every successful person in the workplace utilizes financial information to aid effective decision making. Accounting and Finance for Non-Financial Managers explains the financial concepts and accounting processes used in most businesses and will provide practical techniques that will increase your effectiveness and career. Get a foundation to understand the seven steps in the accounting cycle and use financial information in decision making. Come away with the knowledge to analyze resource allocation and evaluate financial performance. One month one-line course.
No discounts apply to online courses.
Course Outline
Agenda
Unit 1: Introduction to Finance
The Vocabulary of Finance
The Four Basic Elements of Finance
The Basic Financial Statements
Unit 2: Introduction to Accounting
Basic Terminology
The Purpose of Accounting
The Accounting Cycle
Preparing Financial Statements
Unit 3: Managing Liabilities
Overview of Liabilities
The Liabilities of a Business
Short-Term Liabilities
Long-Term Liabilities
Unit 4: Financial Planning
Overview of Financial Planning
The Importance of Financial Planning
The Business Planning Process
Learner Outcomes
Course outcomes
After taking this course, you will:
- Know financial terminology and accounting concepts.
- Understand the accounting cycle.
- Understand debits and credits as well as journals.
- Know how to create and interpret financial statements.
- Know how budgets are built.
- Have information on reading financial reports and understanding the financial picture.
Course objectives
- Understand the art of finance and accounting - the terminology and the processes.
- Understand the content and presentation of financial statements.
- Learn that profit is not equal to cash and the importance of cash.
- Understand why budgets are used as a management tool and how they are built.
- Learn how to read and analyze the accounting numbers.
Notes
Instructor: Sharon deFonteny, has a degree in Business Education with a concentration in Accounting and spent many years in Corporate America working in Accounting and Finance. For the past 5 years, she has created and taught online Business courses for Bucks County Community College. Her experience in business, as well as experience in teaching, has allowed her to help people understand the Accounting and Finance process.
This course is part of the Certificate in Accounting for Non-Financial Managers.
Applies Towards the Following Certificates
- Certificate in Accounting and Finance for Non-Financial Managers : Accounting and Finance for Non-Financial Managers