Program Outcomes:

How will this information help you in your job?

• You’ll gain working knowledge of the all-important numbers side of your business.
• You’ll be able to recognize and interpret financial statement information.
• You’ll be able understand and work with financial managers.
• You’ll be able to evaluate your decisions with insights from the financial information.
• You’ll have a better understanding of your company and its performance.
• You’ll learn the behavioral implications of financial decisions and how these translate into performance measures.

Target Audience:

• Non-financial managers in every functional area of responsibility
• Managers from areas such as marketing, sales, human resources, manufacturing, and engineering
• General managers from all types of industries
• Professionals and individual contributors with non-financial backgrounds
• Internal or external consultants and small business owners
• Anyone without a financial background who wants to gain a better understanding of the numbers side of their business
• Anyone who wants to gain the confidence to work more productively with financial managers

Program Outline:

1. Introduction to Financial Statements
   1. Overview of the statements
   2. SEC, FASB, and IASB
2. Mechanics of Financial Accounting
   1. Transactions à Financial Statements
   2. Preparing the statements
3. More about the Balance Sheet and Income Statement
   1. In-depth look at the balance sheet
   2. In-depth look at the income statement
   3. In-depth look at cash flows
4. Accounting Principles and Notes to the Financial Statements
   1. Basic accounting principles—historical cost, matching, revenue recognition
   2. What’s in the notes?
5. Analyzing Financial Statements
   1. Common sizing
   2. Ratio analysis
6. Wrap Up and Summary
   1. One more look at some actual statements
   2. Applying what you’ve learned