NFM101 Finance and Accounting for the Non-Financial Manager

The University of North Carolina at Charlotte
9201 University City Blvd, Charlotte, NC 28223-0001 ~ 704-687-UNCC (8622)


Attend one of our FREE Information Sessions!

Finance and Accounting for Non-Financial Managers is a 3-day series that provides an introduction to accounting, and its processes for financial evaluation. The program will target organizational stakeholders heavily involved in goal setting and decision making processes. Participants will learn how to read financial statements and reports to formulate strategic business plans. Emphasis will be placed on understanding assets, liabilities, capital, return on investment, risk management, balance sheets, cost accounting, cash flow, and strategies for better communication with financial professionals.

As Charlotte faces challenges with most industries suffering job losses, opportunities for new industries in the area will increase the need for a well-qualified adaptable workforce that can transfer their skills to any career field. In fact, it is projected that Charlotte will see 7,000 new jobs in leadership and management by 2014. Finance and Accounting for Non-Financial Managers will provide any individual seeking leadership roles with a broad knowledge of finance and accounting to make the best decisions for any organization.

Key Topics:

* Basic Accounting
* The Organization and Accounting
* Financial Statements
* Financial Analysis
* Budgeting Principles
* Risk Management & Decision-Making

Included textbook: Finance and Accounting for Non-Financial Managers, 6th Edition (2010), By William Droms & Jay Wright.

Schedule:

Day 1

Introduction to Financial Statements

* The Balance Sheet
* Book Value of Securities
* Income Statement
* Statement of Cash Flows
* Supplemental Pro Forma or Operating Earnings
* Accumulated and Retained Earnings
* Sarbanes-Oxley and Financial Statements

Financial Statement Analysis

* Ratio Analysis
* Common-size Statement Analysis
* Sequence of Analysis
* Financial Statement Case Study/Practical Exercise

Day 2

Financial Forecasting and Budgeting

* Operating, Cash, and Capital Budgets
* Break Even Analysis
* Compound Growth Definition/Calculation
* Setting Budget Targets/Budget Variances
* Case Study/Practical Exercise

Accounting: A Financial Information System

* Introduction to the Accounting Process and Cycle
* Accrual Concept
* Double-entry Accounting
* Depreciation Accounting
* Changes in Equity Account

Day 3

Capital Management and Investments

* Working Capital Investments
* Accounts Payable and Receivable
* Short-term and Long-term Financing
* Rate of Return
* Payback
* Profitability Index
* Present Value and Net Present Value
* Compound Interest
* Case Study/Practical Exercise

Business Valuation and Long-term Financing

* Bond Valuation
* Common and Preferred Stock Valuation
* Money and Capital Markets
* Intermediate and Long-term Debt
* Dividend Policy

Risk Management

* Fiduciary Duties & Governance
* Managing Business, Financial Reporting, and Fraud Risk

Certificate Requirements

In order to receive a certificate, participants must have attended 85% of all instructional clock hours.

For Program and Registration Questions:
Please call the Registration Center at 704-687-8900 or 1-877-741-0134 from 8:00 a.m. to 5:00 p.m., or email CEregistration@uncc.edu.