2010 Sessions
May 4-6,
Sept 15-17
Location
Oak
Brook
Course Overview/Benefits
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
Tom Blumenfeld, MS, CPA,
Associate in a Chicago
accounting firm
The lead instructor, Steve
Moroni, has been with Marmon
College for over 10
years. He has received
excellent ratings as the presenter of our course Negotiation Skills.
He has also successfully conducted similar Accounting for
Non-Financial Managers courses with a number of companies.
Delivery
3-day instructor‑led
workshop
Session Size
Limited to 30 participants
Participant Fee
$925, which
includes all materials, instruction, and most meals
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