Overview
For managers in today’s business world, it’s essential to have a working knowledge of finance. We all play a role in our organization’s financial health, whether we realize it or not. If you don’t have training or a background in finance, you may be at a disadvantage as you sit around the management table.
Understanding the cycle of finance will help you figure out where you fit into your company’s financial structure, and how to keep your department out of the red. This course will help you prepare budgets and make decisions with confidence.
Learning Outcomes
After you complete this course, you will be able to:
- Define basic financial terminology
- Prepare a budget of any type or size
- Get your budget approved
- Perform basic ratio analysis
- Make better financial decisions
Course Outline
- 3.1: Basic Concepts
- 3.2: Generally Accepted Accounting Principles
- 3.3: Your Role in Company Finances
- 3.4: Identifying the Key Players in Your Organization
- 4.1: Defining a Budget
- 4.2: Types of Budgets
- 4.3: Understanding Where Your Budget Fits In
- 6.1: Overview
- 6.2: Step One: Gather the Budget Package
- 6.3: Step Two: Lay the Groundwork
- 6.4: Case Study (Part One)
- 6.5: Step Three: Identify Your Goals
- 6.6: Case Study (Part Two)
- 6.7: Step Four: Gathering Your Resources
- 6.8: Steps Five and Six: Planning and Doing
- 6.9: Case Study (Part Three)
- 9.1: Understanding Ratio Analysis
- 9.2: Making Connections
- 12.1: What is ISO 9001:2008?
- 12.2: Making Connections
- 13.1: Task Explanation
- 13.2: Decision One: Office Relocation
- 13.3: Decision Two: Reproduction Backlog
- 13.4: Decision Three: Improving Supervision
- 13.5: Decision Four: Job Enrichment
- 13.6: Decision Five: Staff Expansion
