presents American Management Association Seminars
FUNDAMENTALS OF FINANCE AND ACCOUNTING FOR NON-FINANCIAL MANAGERS
Seminar No: 02218 -XNBB
CEU Credits: 1.8
Length: 3 days
Where over 100,000 managers have mastered the numbers side of their jobs.
From accruals to write-offs, from accounts receivable to working capital, this seminar shows you the concepts, techniques and tools that can help you make each decision pay off--on the job and on the bottom line! No matter how effective your management methods or how innovative your ideas, the results are going to be measured in numbers: Dollars and cents.
Attendees:
Get a firm grasp on the numbers side of your job. This program is designed for nonfinancial managers in every functional area of responsibility, in all industry types, in both the public and private sectors.
How You Will Benefit:
- Get a firm grasp of the numbers side of your job
- Gain greater confidence with a working knowledge of the numbers end of business
- Cultivate proactive working relationships with finance professionals and enhance your value to the organization
- Expand your professional expertise—and your career opportunities
- Understand the business dynamics of dollars and cents—and take initiatives that meet your short- and long-term goals
- Take the guesswork out of your decision making and deliver better bottom-line results
- Learn how to “think finance” and translate various measures of performance into financial terms
What You Will Cover:
- Learning the accounting process--including how transactions are recorded in the accounting system of an organization
- Generally accepted accounting principles--what they are and how they affect your organization
- Financial statement analysis--interpreting your company's financial signals
- Annual reports--how to determine the health of an organization
Extended Course Description
Learning Objectives
- Make Better Bottom—Line Decisions With a Working Knowledge of the Numbers End of Business
- Gain a New Sense of Confidence When Dealing With Financial Professionals
- Expand Your Professional Expertise...Add Value to Your Future Career
- Understand the Business Dynamics of Dollars and Cents—and Take Initiatives That Optimize Results in Line With Short— and Long-term Goals
- Take the Guesswork Out of Your Decision Making and Deliver the Results You Need
- Cultivate Proactive Working Relationships With Financial Professionals and Enhance Your Value to the Organization
- Learn How to "Think Finance" and Translate Various Measures of Performance into Financial Terms
Basic Accounting Concepts
- Understand the Importance of the Accounting Equation
- Understand the Significance of Generally Accepted Accounting Principles (GAAP)
- Understand the Accrual Process
- Understand the Difference between Accounting Profit and Cash Flow
Understanding Financial Statements
- Understand the Purpose of and Terminology Associated with the Following Financial Statements:
- Income Statement or Profit and Loss Statement (P&L)
- Balance Sheet
- Statement of Retained Earnings
- Cash Flow Statement
- Prepare a Set of Simple Financial Statements
- Understand the Accounting Process, from the Recording of Business Transactions to the Preparation of Financial Statements
- Understand How Various Business Transactions Affect the Financial Statements
Reviewing an Annual Report
- Understand the Various Components of an Annual Report
- Understand the Importance of Notes in Evaluating Financial Statements
- Understand the External Auditor’s Role and the Significance of the Opinion Letter
Evaluating a Company’s Financial Statements
- Calculate the Key Financial Ratios Using the Financial Statements
- Use Financial Ratios to Evaluate:
- An Organization’s Liquidity, Leverage and Profitability
- The Performance of an Organization as Compared to Its Competitors'
- An Organization’s Performance Compared with Budgeted Goals
- Identify Sources of Financial Information beyond the Financial Statements
- Use the Dupont Formula to Evaluate Management Performance
- Use the Concept of Economic Value Added (EVA(R)) and Cash Flow Return on Investment (CFROI) to Determine if a Segment of an Organization Is Adding Value to the Business
Improving Profitability through Cost Analysis and Profit Planning
- Differentiate between Fixed and Variable Costs
- Help Your Organization Improve Profitability through the Use Of:
- Break-even Analysis
- Contribution Margin Analysis
- Direct Costing in Appropriate Situations
- Understand Traditional Cost Accounting and Its Limitations
- Understand the Relevance of Activity-Based Costing in Today’s Business Environment
Capital Expenditure Analysis
- Distinguish between Capital Expenditure Budgets and Operating Budgets and Understand the Function of the Capital Budget
- Understand Why Cash Has a Time Value
- Recognize and Apply Different Methods of Evaluating Capital Expenditure and Monitoring Project Performance
Budgeting More Effectively
- Understand the Role of Budgeting and Issues That Budgets Can Solve
- Understand the Budgeting Process
- Identify Different Types of Budgeting Systems in Use Today
- Analyze Budgets for Different Purposes
- Recognize and Apply Different Methods of Evaluating and Monitoring Operating Performance
Extras From AMA!
Start and End times: first day - 8:30am-5pm, all other days 9am-5pm unless otherwise specified. Your registration confirmation notice will confirm the hotel/conference center for the seminar for which you registered. The information included on this page is all the information available on this seminar. Please use form below to register only. To request information that is not included above please send an email to
. Remember to specify the complete seminar number about which you are requesting information.
For information about bringing a course to your site please call 1-919-847-0331 or email the registry at
.
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** Online Registration & Fee Information ** Please use form below to register only. To request information that is not included above please send an email to
. Remember to specify the complete seminar number about which you are requesting information.
Select date/location & complete form below. Then, click on 'Send'
Additional Information:
After submitting your online registration you will receive registration confirmation and invoice within 7-10 business days. You may pay by credit card or check. Confirmation information will also include location and other pertinent course information.
Always state priority code XNBB to your customer service representative when registering directly by phone.
Note: Prices are subject to change without notice. To confirm the price of your session, select the session above and click “Send”. Discounts apply for groups of two or more people. Call for details. Federal government employees are eligible for special GSA pricing for many seminars.
AMA's main conference centers
Seminars scheduled for the cities below are held at the locations listed below. For location information for other cities in which AMA seminars are held please call or email for information.
New York
AMA executive Conference Center
1601 Broadway New York, NY 10019
American Management Association (Located in the same building as the Crowne Plaza Hotel) 1601 Broadway On Broadway and 48th Street near Times Square. Entrance is on 48th Street.
Chicago
AMA executive Conference Center (adjacent to the Marroitt O'Hare)
8655 west higgins rd
Chicago, IL 60631
San Francisco
AMA executive Conference Center is located in San Francisco Marriott Hotel
55 Fourth Street 2nd Level
San Francisco, CA 94103
Atlanta
AMA Executive Conference Center
Address: 1170 Peachtree Street Ne Cnr Peachtree & 14th (3rd Flr)
City, State, Zip: Atlanta, GA 30309
Washington, DC
Arlington, Virginia
2345 Crystal Drive, Suite 200
Arlington, VA 22202
If you are not paying via credit card, you will receive an invoice with payment instructions.
Cancellation Policy:
If you cannot attend a seminar you can contact AMA in advance to transfer to a future session, or you can send someone to take your place. If you need to cancel your attendance, AMA will give you a complete refund if you cancel more than three weeks before your seminar begins. To cancel, simply email us at
. If you cancel with less than three weeks’ advance notice, you will be liable for the entire seminar fee. Once your payment has been received, you may request a courtesy transfer to use at any future AMA seminar of equal or lesser length. The courtesy transfer must be used within one year of the date of your originally scheduled seminar. In fairness to all attendees, if you do not attend a seminar session for which you are confirmed and do not contact AMA to cancel in advance, you will be charged the entire seminar fee.
AMA grants courtesy transfers to people who cannot attend their scheduled sessions. You can use a courtesy transfer for any seminar of equal or lesser length than the original seminar. You must use your courtesy transfer within one year of the date of your originally scheduled seminar.
AMA guarantees the quality of our seminars. If, for any reason, you are not satisfied with a seminar for which you have paid, AMA will give you credit toward another seminar of comparable price or will refund your fee.
You can also register by emailing your registration information to us at
or calling us at 919-847-0331.