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Financial Intelligence for the Non-financial Manager

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Overview:

In today's economy, organizations are doing more with less. They're demanding more productivity from every employee and looking for every possible measure to improve the bottom line. And they're expecting their employees to monitor and drive this process themselves. Most business professionals offer special skills to their employers, and most of these skills are NOT related to accounting and finance. However, a basic working knowledge of financial statements and calculations is necessary to make sound decisions about all aspects of a business. By learning how to read and interpret a few basic financial instruments, you can recognize opportunities to increase revenue and shave expenses, thus increasing your value to the organization.

Learning Outcomes:

  • Identify the advantages of analyzing financial information
  • Recognize the elements of an effective budget
  • Differentiate among various financial instruments
  • Understand the purpose and uses of balance sheets, income statements, and cash flow statements
  • Learn how to conduct a break-even analysis
  • Recognize the four different types of ratios and the purpose of each

 

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