Accounting for Non-Financial Managers

About MC Course Calendar Registration Location Standard Courses: · Managing Employee Performance · Problem-Solving and Decision-Making · Improving Managerial Efficiency · Managing Change · Accounting · Negotiation · MAP On-Site Courses

2012 Sessions: May 15-17, Sep 18-20—REGISTER NOW! In today’s world, managers are required: · To understand the language of accounting and finance · To speak the language of accounting and finance · To reach financial goals · To participate in budget decisions · To be responsible for bottom-line financial results The primary purpose of this course is to describe basic financial statements and discuss techniques used by managers to analyze these statements. We cover four basic statements: the income statement, the balance sheet, the statement of retained earnings, and the statement of changes in financial position. In addition, we will discuss the basics of direct costing and budgeting. These processes are of fundamental importance to the success or failure of any company. Current managerial, financial, and investment decisions will chart the course of a company for many years into the future. Indeed, these decisions can determine the future. You will learn: · How to evaluate past and current financial statements · How to diagnose any existing financial problems · How to make management decisions on a timely basis · How to understand the difference between profit and cash flow · How to forecast future trends in a firm’s financial position · How to determine the financial strengths and weaknesses of a company · How to analyze projects based on return on investment · How to use major financial ratios to analyze a company · How direct costing is used to manage product cost · How direct costing ties into 80/20 thinking · How to budget properly for the future · How to analyze what is to be included in the capital budget Who Should Attend Non‑financial managers and professionals with little formal training in accounting. Instructional Methods Participants learn and apply the basic principles of accounting through presentations and highly interactive individual and group activities. Faculty Steve Moroni, MBA, Partner in a Chicago accounting firm Steve started with Marmon College in 1996 as the instructor of the Negotiations Skills course. In 2007 he became the lead instructor of this Accounting course. More recently, he became the co-instructor of our Managing Change course. In each of these courses, he consistently receives excellent ratings from participants. Tom Blumenfeld, MS, CPA, Associate in a Chicago accounting firm Tom has been working with Marmon College since 2007. He has also received very good ratings from participants in the course. Delivery 3-day instructor‑led workshop Session Size Limited to 30 participants Participant Fee $1050, which includes all materials, instruction, and most meals