This Finance for Nonfinancial Managers course offers accessible financial acumen, teaching concepts, tools, and techniques to quantify contributions, justify requests, and spot profit drains immediately.

Course Objectives

  • Key finance terms: assets, liabilities, capital, depreciation, capitalization, current ratio, and others
  • The accounting process: journals and ledgers and how debits and credits work
  • Basic accounting principles
  • Apply accounting conventions and guidelines
  • Develop working rules regarding your corporate financial statements
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Course Outline

Basic Accounting Concepts
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  • Importance of the accounting equation
  • Significance of generally accepted accounting principles (GAAP)
  • Accrual process
  • Difference between accounting profit and cash flow