FINANCE FOR THE NON-FINANCIAL MANAGER
with Eric Sussman
April 12, 2017, 9:00 AM - 4:00 PM
$425 (US) per person
Hotel Nikko San Francisco
222 Mason Street, San Francisco, CA 94102
(415) 394-1111

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FINANCE FOR THE NON-FINANCIAL MANAGER

 
As a manager, finance and accounting might not be your most immediate concerns, but it’s essential to have a basic understanding of them. Accounting provides the means by which organizations communicate - in facts and figures - how effectively they are fulfilling their strategic missions and operating objectives by providing critical information to key constituencies internal and external to the organization. Finance is all about decision-making. Effective managers (in all parts of the organization) must be well-versed in the finance and accounting lexicon in order to make value-creating decisions and communicate with key constituencies both internal and external to the organization. This session will introduce key finance and accounting metrics, help non-financial managers understand how to understand and interpret financial statements, and how to make optimal investment and capital budgeting decisions

ERIC SUSSMAN

 
Since 1995, Eric has been a lecturer (and now Senior Lecturer) in accounting and real estate at the UCLA Anderson School of Management, where he has been voted Teacher of the Year fifteen times by Anderson's MBA students, has been awarded the Citibank Teaching Award (1998) and the Neidorf Decade Teaching Award (2008), both voted upon by a committee of faculty members, and received the University-wide Distinguished Teaching Award in 2015. He has also received recognition by Bloomberg-Business Week as one of the Top Ten Most Popular Business School Professors in the country, and recognition as one of the most influential business school faculty alive today. He has taught courses at UC Berkeley, George Washington University, and the Helsinki School of Economics, and created a series of 12 lectures on accounting and finance for the Great Courses (the Teaching Company).

TOPICS COVERED

 
        Introduction to Key Financial Statements
  • Income Statement, Balance Sheet, Statement of Cash Flows 
  • Reporting disclosures and the impact on investors and key constituencies 
  • Accrual-based earnings versus operating and free cash flows 
  • Key accounting and reporting metrics (EPS, EBITDA) 
        Financial Statement Analysis: Common Size, Trend, and Ratio
  • Liquidity, profitability, efficiency, leverage ratios 
  • Margins and other operating statistics 
  • Working capital management, cash conversion cycle, and reconciliation between earnings and cash flows 
        Key Concepts in Managerial Accounting
  • Cost-Volume-Profit Analysis, and significance of contribution margin 
  • Operational Dashboards and the "Balanced Scorecard" 
        Capital Budgeting and Effective Investment Decision-Making
  • Time value of money 
  • Approaches to capital budgeting (payback, net present value, internal rate of return, equity multiplier) 
  • Trade-off of risk and return 
  • Funding capital investments with debt, equity, or both

GUIDE TO PARTICIPANT SELECTION

 
Senior Leaders
APPLICABLE IF IT MATCHES A DEVELOPMENT NEED
Mid-Level-Leaders
PRIMARY TARGET AUDIENCE
Emerging Leaders and Functional Experts
PRIMARY TARGET AUDIENCE


Program Level: Beginner/Intermediate
Delivery Method: Group Internet Based (Zoom platform)
Prerequisites: None
Advanced Preparation: None
Participants will earn 3 CPE credits or 3 PDC credits
Field of Study: Personal Development
 
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