ONCE1132 - Financial Analysis and Planning for Non-Financial Managers
Course Description
With the demands of daily operations, non-financial managers may put financial reports on the shelf. But take a look at some of the most admired companies like Apple, Google, and Berkshire Hathaway. Sure, they are evaluated by their products, innovation, and culture but they wouldn’t be in the limelight without profits. Money matters! This course will help you build on your understanding of financial concepts and help you establish your role in the financial success of your organization.
Designed for non-financial managers, business owners, entrepreneurs, and other decision-makers, this advanced course will take the mystery out of money matters. Throughout this course, financial information that drives your organization, as seen on the business’s reports, will be assessed and analyzed to understand it. An understanding of this information will help you make smart decisions when it comes to budgeting, setting goals, and assessing performance within your own area of influence.
Course Outline
Unit 1: Financial Strategies
1.1 Your Role in Financial Decision Making
1.2 Understand the Language of Finance
1.3 Read the Story
1.4 The Purpose of Financial Statements
Unit 2: Financial Dashboard – Introduction to Financial Gauges
2.1 Understand Basic Financial Concepts
2.2 Financial Strategies
2.3 Financial Gauges
2.4 Reading Your Financial Gauges
Unit 3: Financial Gauges - Profitability
3.1 Profitability Gauges
3.2 The Components of Profitability
3.3 Sales and Pricing Strategies
3.4 Cost of Goods Sold and Cost of Sales
3.5 Expenses
Unit 4: Financial Gauges - Performance
4.1 Making Money
4.2 Taking Advantage of Assets
4.3 Making the Most of Liabilities and Equity
4.4 Performance Financial Gauges
4.5 Financial Analysis and Planning Summary
Learner Outcomes
Course outcomes
At the end of this course, you will:
- Know the financial implications of your daily business decisions
- Interpret and respond effectively to the organization’s financial information
- Contribute towards the organization’s profitability goals
- Make decisions that better support the financial performance of the organization
- Communicate business operations in financial terms
- Think in financial terms to better communicate with those in and outside the organization
Course objectives
- To tie together the financial side with the operational side of your area of influence
- To better understand the purpose and operations of the organization
- To gain a use of financial reports to plan and make decisions
- To enhance your support of the financial strategies of the organization
Notes
Instructor: Jodie Trana, has had a career in business consulting and financial management. She then started a consulting and training organization offering educational consulting services to organizations such as the Kauffman Foundation, the largest foundation devoted to entrepreneurship. Jodie contributed the financial chapters for Kauffman’s textbooks and managed the curriculum design and facilitation process for their entrepreneurship educational programs. Her content specialties include accounting, financial analysis, business planning, cash flow analysis, and funding request analysis. Her background includes business and financial management in consulting, construction, non-profit, healthcare, and retail industries
NOTE: This ONLINE, Self-Paced course is offered through Partnership with LERN/UGotClass
This course is part of the Certificate in Accounting and Finance 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