Accounting and Finance for Business Analysis

Course Description:

This course covers what everything business people and managers need to know about accounting and finance. It is directed toward the businessperson who must have financial and accounting knowledge but has not had formal training in finance or accounting-perhaps a newly promoted middle manager or a marketing manager of a small company who must know some basic finance concepts. The entrepreneur or sole proprietor also needs this knowledge; he or she may have brilliant product ideas, but not the slightest idea about financing. The goal of the course is to provide a working knowledge of the fundamentals of finance and accounting that can be applied, regardless of the firm size, in the real world. It gives managers the understanding they need to function effectively with their colleagues in finance.

Learning Objectives:

Upon successful completion of this course, participants will be able to:

• Identify the non-financial manager’s concern with financial planning
• Recognize the responsibilities of financial managers.
• Distinguish between different business entities.
• Identify the importance of cost data.
• Define different types of costs and their allocation.