Topics

The topics presented during the course are focused in three areas - Financial Statement Analysis, Managerial Accounting and Finance, and will help you understand the fundamentals of finance and accounting, read and interpret balance sheets, income statements and cash flow statements, use accounting and financial information to evaluate the performance of your company and your competitors, make better business decisions, assess and select projects and investments using basic principles of finance, understand fixed costs, variable costs, break-even analysis and contribution margin, make a valuable contribution to your company’s financial decisions and much more.

Program topics include:

• Fundamental accounting and finance concepts
• An introduction to financial statements
• Using accounting and financial data to evaluate performance     
• Using accounting and financial data to plan for the future
• Using financial analysis to select projects and investments      
• Accounting data used for managerial decision making      
• The use of relevant cost analysis to improve decision making
• Management control systems

Learn to read, interpret and analyze financial statements. Learn forecasting and financial-planning approaches to help you with the budgeting process. Get the basics of net present value (NPV) and capital budgeting techniques to apply when evaluating projects. Gain an understanding of the role of costs in corporate decision making, including cost-volume-profit relationships, the role of costs relevant for different decision scenarios, and the incentive effects of cost allocations and their interplay. Review performance evaluation techniques and their relationship to incentives. Ultimately, you’ll learn to use financial information to make better strategic business and investment decisions.