Author(s)
Publisher:
AICPA
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NASBA Field of Study
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Format
On demand
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Level
-
CPE Credit
0
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Course acronym
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Prerequisites
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Course duration
Credit Info
Finance for Non-Finance Professionals
Become comfortable with financial terms and tools, so that you can participate more fully in conversations about the financial health of your business and understand how your work fits into your business’s financial picture. Fit this modular learning into your busy schedule, on your computer or mobile device. You can click through a presentation of budget types on your smartphone over coffee.
Later, you can settle in at your computer to dive into the more challenging discussion of how using various ratios — which consider financial information in the context of internal and external factors — can help improve business performance and assist in your own decision-making. Throughout, test your knowledge with interactive Q&As.
Learn from animated scenarios that demystify how budgets and forecasts help identify and manage performance across a business that is facing various challenges. Understand what different stakeholders are interested in and learn about common tools and techniques for communicating financial information to them.
Later, you can settle in at your computer to dive into the more challenging discussion of how using various ratios — which consider financial information in the context of internal and external factors — can help improve business performance and assist in your own decision-making. Throughout, test your knowledge with interactive Q&As.
Learn from animated scenarios that demystify how budgets and forecasts help identify and manage performance across a business that is facing various challenges. Understand what different stakeholders are interested in and learn about common tools and techniques for communicating financial information to them.
Topics discussed
Understanding Financial Language and Terminology
Analyzing financial information to assist in decision-making
The Basics of Budgeting and Forecasting
Communicating Financial Results to Key Stakeholders
Learning objectives
Develop basic accounting literacy. Understand basic financial terminology. Define the various financial statements. Recognize how financial information is presented.
Understand financial ratios. Understand profitability and financial viability.
Understand the fundamentals of budgeting and forecasting. Recognize different types of budgets and forecasts and their purpose. Recognize various approaches to budgeting. Understand basic variances that result from budgeting and forecasting.
Differentiate between internal and external stakeholders. Understand the importance of managing expectations. Recognize common methods for presenting financial information. Identify factors to consider when communicating the financials.
Who will it benefit?
Individuals from disciplines other than finance, such as marketing, sales, operations, supply chain, project management, and human resources
