Struggling with the Financial Accounting Dimension of Your Managerial Role?Posted on October 20, 2020
Schulich ExecEd has you covered with these two specialized programs which deliver accounting knowledge to non-financial managers and leaders.
In organizations today, managerial roles are less compartmentalized than ever. No matter what a manager’s field or industry is, or their level of leadership, some degree of financial acumen will be needed for them to perform their jobs effectively. Financial decision-making is part of a manager’s role, and financial and managerial accounting knowledge means better data to start with and better outcomes as a result. Unfortunately, being able to read a balance sheet or income statement, and more importantly knowing how to interpret it correctly, requires a level of accounting knowledge that many managers who have come up through the ranks have not been exposed to. Fortunately, Schulich ExecEd addresses this knowledge gap with two specialized programs which are designed to take the mystery out of financial statements and reports for non-accountant managers, making them more efficient planners and leaders.
Course 1: Start with the Basics
What The Non-Financial Manager Needs To Know About Financial and Managerial Accounting
(upcoming session Nov. 19-21, 2020)
This program has been designed to transform the non-financial manager into a more effective team member who can propose, analyze and evaluate financial decisions. It does so by providing clear examples of the content, concepts and terminology of financial systems, making them easy to understand and apply immediately at your workplace. An ideal program for leaders who must frequently apply financial tools to analyze their own problems and projects.
Participant will come out of the program knowing:
- What to look for in a corporate report and how to analyze that information to put it to your advantage
- How control systems should work and how they actually do work
- How to make capital budgeting and investment decisions
- How to evaluate both short and long term operating decisions using financial data
- How to prepare operating budgets, cost budgets and capital budgets
Course 2: Build Your Acumen
Financial and Managerial Accounting for Non-Financial Managers: Beyond the Basics (upcoming session Dec. 7-9, 2020)
Accounting is the scorecard of any business, and correctly understanding financial information will help you measure performance, plan future action and make better business decisions. This program is designed for any leader who has received some basic exposure to accounting and financial statements and wants to apply more advanced techniques into their everyday decision-making process. You will receive a detailed framework for analyzing financial statements which will allow you to apply your program learnings around your own planning and capital budgeting issues.
- Use a turn-key financial statement analysis framework
- Measuring the financial strength of an organization
- Support your business decisions with sound financial back-up
- Understand the financial techniques used by an organization to assess capital projects
- Identify what financial information you regularly need and a turnkey process to get it
Both upcoming programs are delivered via the secure ZOOM video conferencing platform.
The online format includes multi-modal delivery of materials, engaging activities and interactive exchanges as well as breakout discussions with the instructors and fellow participants.
And as an added bonus, both are taught by one of Schulich ExecEd’s most highly acclaimed instructors, Beppino Pasquali, CPA, CA. Beppino regularly receives effusive praise by participants for his ability to make their financial learning both practical and enjoyable.