FINANCE FOR THE NON-FINANCIAL LEADER
ONLINE
FINANCE FOR THE NON-FINANCIAL LEADER 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 is for leaders and decision-makers who do not have a strong background in finance. This course provides them with an understanding of how money works within their organizations, how to implement strategies in decisionmaking processes to drive business results, and how to achieve competitive financial performance. It emphasizes practical application of accounting principles and provides a framework for interpreting and leveraging information in a variety of business settings. This class can count towards the Executive Leadership Certificate. The Executive Leadership Certificate is highly customizable. Choose any of our 6 leadership classes to receive the full certificate. The Executive Leadership Certificate covers both soft skills and hard skills necessary to lead organizations. If you are in a mid- to senior-level position and want to grow in your organization or make a career change, this certificate is right for you. If you are an individual who wants to understand business from multiple angles and develop your leadership skills, this certificate is also right for you. Topics Covered • • • •
Financial statements Present value techniques and applications Evaluating projects Assessing earnings quality
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Cost accounting and managerial accounting Financing, leverage, and options Strategy and oversight
I Need This Program Because:
My Organization Needs This Program Because:
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I want to analyze the performance metrics by which I am being measured and why they matter
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We want to communicate financial goals and performance more effectively
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I want to use accounting concepts and strategies in my company’s decision-making processes
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We want to evaluate the performance of our company
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I want to gain confidence and become a better communicator among peers and senior management
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We want to anticipate what financial statements should look like given the company’s business model
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We want to determine how our goals and performance are measuring up over time and against competitors
Who Needs This Class • • • •
Executives who contribute to decisions with financial implications Managers with profit-and-loss responsibility in non-financial areas Entrepreneurs and small business owners without a financial background Individuals looking to move up into senior positions
Modules Understanding Financial Statements
Investment Analysis
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Balance sheet Income statement Statement of cash flows Statement of equity Footnotes Audit report
Earnings Quality, Budgeting, and Managerial Accounting
Present Value and Discounted Cash Flow Applications • • • •
Discounted cash flow analysis and uses Time value of money Evaluating projects Cost of capital
100% online, led by instructor
When to use valuations Valuation methods Vertical and horizontal analysis Key financial ratios
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Role of budgeting in the strategic cycle Successful budgeting and templates Managerial accounting Break-even analysis Quality of earnings
On-demand access, 12 weeks to complete
5-6 hr. of lecture, readings, and self-reflection
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 spaces. JB is active in the Utah entrepreneurial community and mentors many growing businesses. He is a member of the Salt Lake City Angels, a group of accredited investors. JB earned a B.S. 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, seven 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
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