Financial Strategies to Increase Your Leadership Effectiveness and Bottom LineEven though you are NOT a financial or accounting manager, chances are you need to make better business decisions that can positively affect your bottom line. This course will help you understand the accounting process and methodologies, enhancing your ability to forecast financial performance, spot trends and study your competition with a keener eye. Increase your effectiveness in strategic planning and decision making with the aid of case studies to bring real-world applications into your online learning. Participants who successfully complete this multimedia course learn to develop the financial skills necessary to evaluate proposed business projects, analyze company performance and apply finance and accounting principles with confidence.
Who Should Register?The course helps mid- to upper-level managers from areas such as marketing, sales, IT, project management, manufacturing or engineering, as well as general managers, discover how financial data is generated, reported and used for decision making, analysis and valuation.
What You’ll Study |
Understanding the Role of Finance and Accounting - The Role of Accounting in Credit and Investment Decisions
Taxes Individual and
Corporate - Understanding the Impact of Taxes on FinancialDecisions
- Worksheet for Case Study – Calculating the Federal Income Tax for an Individual
- Computing Individual Income Taxes
- Computing Income Taxes for Business Entities
The Foundation of
Accounting - Understanding Major Accounting Concepts
- Defining the Elements of Financial Statements
- Understanding the Key Financial Statements
- Explaining the Role of Audits and Internal Control
- Financial Reporting
Making Strategic Financial
Decisions - Developing a Financial Strategy
- Preparing a Business Plan
- Determining the Optimal Capital Structure
- Obtaining Capital Resources
- Creating Shareholder value
| Working Capital Management - Managing Current Assets & Liabilities
- Computing the Cost of Inventory
- Estimating the Cost of Inventory
Designing Cost Systems for Strategic and Tactical Advantages - Cost Accounting Systems
- Developing and Marketing New Products
- Measuring Quality Costs to Improve Quality and Reduce Costs
Evaluating Managerial Performance - Evaluating Performance with Responsibility Accounting
- DuPont Analysis: Decomposing Return On Equity (ROE)
Personal Financial Management - Developing Financial Goals and Controlling Debts
- Reducing Taxes and Investing Wisely
- Using Insurance and Estate Planning to Safeguard Assets
Applying the Course
Content - Investment Decisions: Discounted Cash Flow Valuation
- Credit Decision
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