Finance for Non-Finance

Course Objectives

By the end of the course, participants will be able to:

• Define the four key financial statements: balance sheet, income statement, cash flow, and changes in owner equity, as well as critical financial terms such as profit, margins, and leverage
• Interpret the financial health and condition of a company, division, or responsibility center and use financial information for management and evaluation
• Prepare an operating budget and relate it to the organization's strategic objectives
• Apply capital budgeting techniques to evaluate long-term decisions in projects and capital expenditures
• Use cost behavior concepts to calculate the breakeven point and enhance short-term decision-making