Credits Hours: 2.00

Course Description:
This course helps a non-financial manager make sense of the terms and concepts that are used in managing the financial aspects of a business. It explains basic financial structure and discusses the financial information you must have to run a business. You will learn how to read financial reports and understand the purpose and limitations of each. You will also get tools and methods to give you a complete picture of your financial position.

Learning Objectives:
Upon completion of this program, participants should be able to:

• Understand financial structure.
• Look at the big picture.
• Know the elements of financial change.
• Apply reporting principles.
• Know how balance sheets can help.
• Understand income statements.
• Plan with the cash flow statement.
• Interpret a statement of retained earnings.
• Manage the financial position.
• Complete the picture.
• Plan for cash flows.
• Know the costs they can control.
• Compute the return on investment.