Professional Development Courses: Personal Improvement Courses
Finance for Non Financial Managers
This course provides participants with an understanding of the financial dynamics of an organization. Participants will review financial documents and learn how to utilize basic financial tools in everyday business as well as real life examples.
COURSE CONTENT
Basic Concepts
- Stock Prices and Profit
- Return and Risk
- Time Value of Money
- Effective Annual Rate
Financial Statements and Ratio
- Uses of Financial Statements
- Basic Financial Statements
- Five Major Categories of Ratios
- The Du Pont System
- Trend Analysis
Working Capital Management
- Terminology
- Cash Management Goals
- Cash Holding Optimization
- Cash Budget
- Cash Conversion Cycle
- Inventory Costs
- Accounts Receivable
- Trade Credit
Capital Budgeting
- Cash Flow Rules
- Cost of Capital
- Component Cost
- Accept or Reject a Project
- Net Present Value
- Internal Rate of Returns
- Reinvestment Rate Assumption
- NPV vs. IRR
Long-term Financial
- Business Risk
- Operating Leverage
- Financial Leverage
- Optimal Capital Structure
