Accounting and Finance for ManagersBack to Course Guide
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Accounting and Finance for Managers is designed to review the accounting cycle, the uses and analysis of financial information, budget concepts, and capital investment analysis. Emphasis is placed on the analysis and interpretation of financial information as a basis for managerial decision-making and business planning.
UPON COMPLETION OF THE COURSE, THE STUDENT WILL BE COMPETENT IN:
- Understanding accounting as a form of communication.
- Demonstrating how accounting information is processed and the steps of the accounting cycle within the organization.
- Identifying key components on the balance sheet.
- Identifying key components on the income statement.
- Identifying the key components of the cash flow statement.
- Identifying the key components of the statement of stockholder’s equity.
- Performing a basic financial statement analysis.
- Understanding management’s responsibility for internal controls and the requirements of the Sarbanes Oxley Act of 2002 related to internal controls.
- Computing basic time value of money calculations for decision making.
- Reviewing methods for budgeting and variance analysis.
- Using financial information for business planning.