FINANCE FOR THE NON-FINANCIAL LEADER
FINANCE FOR THE NON-FINANCIAL LEADER Overview Understanding financial fundamentals is essential to direct your company in strategic decisions. This knowledge allows you to make better use of your information and become a strategic contributor to your organization. Understanding how finance works within your organization allows leaders to use this knowledge to more efficiently drive the success of their business. This course provides leaders and decision-makers, who do not have a strong background in finance, an understanding of how money works within their organization and how to implement strategies in decision-making processes to drive business results and a competitive financial performance. It emphasizes practical application of accounting principles, and it provides a framework of interpreting and leveraging information in a variety of business settings. Topics Covered • • • • • • •
“I found JB to be clear, easy to follow, and engaging. His examples were relevant, he moved through material at a great pace, and the information I learned is useful to me right now. So glad I came!”
Financial statements Present value techniques and applications Evaluating projects Assessing earnings quality Cost accounting and managerial accounting Financing, leverage, and options Strategy and oversight
AMY ANTONELLI CEO | HUMANITARIAN EXPERIENCE FOR YOUTH
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Communicate financial goals and performance more effectively Evaluate the performance of your company Anticipate what financial statements should look like given the company’s business model Determine how your goals and performance are measuring up over time and against competitors
Analyze the performance metrics by which you are being measured and why they matter Enhance your skills to use accounting concepts and strategies in your company’s decision-making processes Gain confidence and become a better communicator among peers and senior management
Who Should Attend
SHRM Recertification Provider
Eccles Executive Education is recognized by SHRM to offer SHRM-CP and SHRM-SCP professional development credits (PDCs). This class is valid for 13 PDCs. For more information, please visit shrmcertification.org.
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Executives who contribute to decisions with financial implications Managers with profit-and-loss responsibility in nonfinancial areas Entrepreneurs and small business owners without a financial background Individuals looking to move up into senior positions
Schedule Day 1
Understanding Financial Statements
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Balance Sheet Income tatement Statement of cash flows Statement of equity Footnotes Audit report
Earnings Quality, Budgeting, and Managerial Accounting
Present Value and Discounted Cash Flow Applications • • • •
When to use valuations Valuation methods Vertical and horizontal analysis Key financial ratios
Discounted cash flow analysis and uses Time value of money Evaluating projects Cost of capital
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Budgeting’s role in the strategic cycle Successful budgeting and templates Managerial accounting Break even analysis Quality of earnings
Executive Education Certificates Certificates are a great way to build the skills you need to advance your career while tracking your professional achievement. This class counts towards an Executive Leadership Certificate.
Presenting Faculty | JB Henriksen, CPA, MBA JB Henriksen is a principal in the firm Advanced CFO Solutions. He currently serves as the Acting CFO for several high growth companies in the software, wholesale, and medical space. JB is an active member of the Salt Lake City Angels and is active in the Utah entrepreneurial community mentoring many growing businesses. JB earned a BS in Accounting and an MBA from the University of Utah’s David Eccles School of Business.
THE ECCLES DIFFERENCE The David Eccles School of Business enrolls about 6,000 students in its eight undergraduate majors, four MBAs, six other specialized graduate programs, one Ph.D. program, and executive education curricula. It is also home to seven institutes and centers that support an ecosystem of entrepreneurship, technology, and innovation, including the Lassonde Entrepreneur Institute, Ken C. Gardner Policy Institute, Sorenson Impact Center, and more. Our faculty members boast impressive professional and educational backgrounds and hold Ph.D.s from esteemed universities including the University of Pennsylvania’s Wharton School, Northwestern University’s Kellogg School, Harvard Business School, Stanford Graduate School of Business, and University of California at Berkeley’s Haas School.
TAKE THE NEXT STEP Telephone: (801) 587-7273 Email: ExecEd@Utah.edu Website: Execed.Utah.Edu Registration: Eccles.Secure.Force.com/ExecEdApplication 1731 E Campus Center Drive Robert H. and Katharine B. Garff Building, GARFF 4340 Salt Lake City, Utah 84112