Fundamentals of Finance & Accounting for Non Financial Managers(#2218)

Fundamentals of Finance & Accounting for Non Financial Managers(#2218)

Course Summary

Financial skills are fundamental to any managerial position.

Learn how to think finance?and you’ll expand your career opportunities.
From accruals to write?offs to receivables and payables? this workshop shows non?financial managers the concepts?tools?and techniques that can help make each decision pay off?on the job and on the bottom line.
You didn’t get to this point in your career only to be held back by weak financial skills.

This program for non?financial managers makes the basics of finance accessible to anyone in just 3 days.
*Please bring a calculator and a copy of your annual report (if available).

Information

  • Fee
  • 214,500 yen (inc.tax)
  • Venue
  • TBD
  • Language
  • English
  • Faculty
  • Quintegral Faculty
  • Location
  • Online/Tokyo/Osaka/Nagoya/Others
  • Duration
  • 3 days

Select date & time

How You Will Benefit

  • – Get a firm grasp of the numbers side of your job
  • – Gain greater confidence with a working knowledge of business financials
  • – Learn how to “think finance” and translate performance into financial terms
  • – Cultivate proactive working relationships with finance professionals and enhance your value to the organization
  • – 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 a better bottom line
  • – Expand your professional expertise?and your career opportunities

Who Should Attend

– This program is designed for non?financial managers in every functional area of responsibility in all industries.

Course Outline

1. 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 Shortand 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
2. Basic Accounting Concepts
– The Importance of the Accounting Equation
– The Significance of Generally Accepted Accounting Principles (GAAP)
– The Accrual Process
– The Difference Between Accounting Profit and Cash Flow
3. 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
4. Reviewing an Annual Report
– Various Components of an Annual Report
– Importance of Notes in Evaluating Financial Statements
– External Auditor’s Role and the Significance of the Opinion Letter
5. 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
6. 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
7. 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
8. 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

Pre-Assignment

N/A

contact us

+81-(0)3-3347-9740

Monday - Friday 9:00-17:30

Closed: Saturday, Sunday, National Holidays, New Years holidays (12/29-1/4)