Register - at SVSU
for Non-Financial Managers
Feb 25, 2020 (At SVSU Main Campus)
A one-day workshop (7 contact hours) that will help managers who do not have financial backgrounds understand basic financial and managerial accounting information, to improve their managerial effectiveness, and enhance their ability to effectively communicate with financial managers. They will explore the conceptual underpinnings of corporate financial reporting, analyze and interpret corporate financial statements, and examine key financial and qualitative considerations of a range of operations focused managerial decisions.
The workshop will be conducted in a highly collaborative, and supportive learning environment. During the sessions, participants will work with instructors and their peers in individual and small groups settings to apply the concepts and techniques presented by facilitators to real-world cases including their organization.
Who Should Attend:
- Managers who are not financial specialists and make or contribute to decisions based on financial information and with significant financial implications
- Managers with profit-and-loss responsibility in engineering, human resources, information technology, marketing, operations, research and development, sales, and other nonfinancial area
- Managers new to financial decision-making or seeking a firmer grounding in, or practical understanding of the discipline
How: Participants will explore the material in interactive classroom sessions led by a senior Saginaw Valley State University – College of Business and Management faculty professional.
Note: No background in accounting or finance required. However, familiarity with the general language of business will be assumed.
- Contribute more meaningfully to financial decision making
- Talk numbers with confidence in conversations with accounting and finance managers
- Read, understand and interpret financial statement using ratios and other metrics to get to the reality behind the numbers
- Understand and evaluate the financial and qualitative implications of operating decisions for the firm
- Conduct reasonableness checks on financial information
Overview of the Corporate Financial Reporting Process
- Identifying financial transactions and events
- Analyzing and recording financial transactions and events
- Summarizing financial information
Interpreting Financial Reports
- Identifying the purpose and structure of corporate financial statements
- Reading and understanding corporate financial statements
- Conducting qualitative assessments of corporate financial performance
Overview of the Financial Considerations in Operational Decision Making
- Identifying types and key features of operating decisions
- Identifying and understanding cost behavior
- Understanding the concept of relevance in operational decision making
- Analyzing selected operational decisions using financial techniques that focus on relevant information
Feb 25, 2020 8:30 am to 4:30 pm at SVSU's Main Campus
Program Cost: $395.00
Questions?: Contact Jaime Frank at 989-964-4048 or at firstname.lastname@example.org
- A full refund will be given to those who cancel 2 weeks prior to the start of a class.
- Cancellations made less than 2 weeks from start of class to 7 days prior to the start of class will be eligible for 75% refund.
- Cancellations made 7 days or less prior to the start of the class will be eligible for 50% refund.
- No refunds will be honored after the first day of class.