McCombs School of Business
Texas Executive Education
Executive Education : Open Enrollment Programs : Accounting & Finance for Non-Financial Managers

Accounting & Finance for Non-Financial Managers

Title: Accounting & Finance for Non-Financial Managers Enroll
Dates: October 27-28, 2009 or April 6-7, 2010
Registration Deadline: 3 weeks prior to program start date
Late Registration (within 3 weeks): Contact Registrar' Office to check space availability.
Duration: 2 day program: 8:30 AM – 4:30 PM
Faculty: Eric Hirst, PhD, Sanford J. Leeds, Esq., CFA, James A. Nolen, MBA
Cost: $2450.  Fee includes all program materials, breakfast, breaks, and lunch for each day. Team rates and alumni discounts available. Registration is not complete until payment is received.

James A. Nolen, MBA Also Teaches:

"An excellent job of relating concepts to the real world."
Mike Berry
Mitsubishi-Caterpillar

Description

Refresh your knowledge or learn the basics of accounting assumptions, accounting and financial terminology, and financial analysis techniques. This program teaches you how concepts and strategies are integrated into your company’s big picture. You will learn the language of business and begin to understand the reality behind the numbers. Different types of information systems will be examined: control-based accounting structures for managing physical resources; and information-based accounting structures for planning, evaluating, and decision-making. You will learn how to address and communicate problems more effectively, how to identify relevant information, and how to apply the analytical skills needed to make better business decisions and take maximum advantage of business opportunities.

Topics

  • Who uses accounting information and why
  • Development of financial reporting
  • Current regulatory environment
  • Underlying accounting concepts
  • Annual reports and disclosures
  • Financial statement analysis
  • Break-even analysis
  • Operating and financial leverage
  • Performance measures
  • Economic value added
  • Ratio analysis
  • Sources and uses of funds
  • Financial strategies
  • Cash flow
  • Managerial information systems
  • Capital budgeting
  • Value based management

Key Benefits

  • Communicate more effectively with accounting and finance peers
  • Read and use annual reports and disclosures
  • Interpret a company's profitability, solvency, and liquidity
  • Implement sophisticated working capital management techniques and understand why cash flow is king
  • Comprehend managerial accounting: relevant costs, overhead allocations, and contribution margin
  • Understand the performance metrics by which you are being measured
  • Increase your firm's wealth through capital budgeting
  • Explore alternative business valuation principles and how you can impact the value drivers of your firm

Continuing Education Units

Participants earn 1.4 continuing education units (CEUs).  A certificate of completion will be presented from Texas Executive Education.