HOME
 

Finance and Accounting for the Nonfinancial Executive

Columbia Business School Executive Education
Course summary
5 days
9,550 USD
New York
Next available date: 09/12/2019 - New York

Course description

Finance and Accounting for the Nonfinancial Executive

This course provides nonfinancial individuals the opportunity to deepen their expertise of accounting and finance to improve their decision-making and management capabilities. The program focuses on the role of accounting, ratio calculation, key concepts of managerial and financial accounting, and analysis of your company and shareholder value management.

The Corporate Financial Analysis is the hallmark of the program and entails a detailed financial analysis of your company, or any other company of your choice. A faculty coach assists you through the process and helps you to read the profile on different levels, assess strengths and areas of improvement, discuss how the business is doing based on the figures.

Benefits of the course:

  • Learn and apply key concepts of managerial and financial accounting.
  • Understand accounting's role in business and master the language of accounting.
  • Apply finance and accounting concepts to shareholder value management.
  • Identify red flags in financial statements.
  • Calculate ratios and develop a sound ratio analysis.
  • Receive faculty coaching on your Corporate Financial Analysis.

Suitability - Who should attend?

This course is suitable for mid- to senior-level executives with five or more years of experience in corporate or divisional roles who seek a deeper understanding of finance and accounting.

The program is well suited for those in creative or technical fields and can also serve as a refresher for executives with some knowledge of finance and accounting.

Outcome / Qualification etc.

Upon completion of this program, you will earn five days towards a Certificate with select alumni and tuition benefits.

Training Course Content

Day One

  • Articulating Principles of Accounting Building Blocks
    • Balance sheet
    • Income statement
    • Statement of cash flows
    • Income measurement: Cash flows versus earnings
  • Applying Accounting Principles
    • Revenue recognition
    • Matching
    • Conservatism
    • Manipulations and red flags

Day Two

  • Using Accounting Information to Make Better Decisions
    • Integrating financial and managerial accounting
    • Identifying profit opportunities with activity-based costing (ABC)
    • Understanding the balanced scorecard and efficient budgeting
    • Mastering net present value (NPV) calculations

Day Three

  • Understanding How to Analyse a Business
    • Review actual financial statements
    • Reformulate the financial statements to facilitate informative profitability analysis
    • Develop a systematic ratio analysis to evaluate profitability
  • Hands-On Application: Corporate Financial Analysis
    • Review the financial statements of a company of your choosing, analyse its profitability, and discuss the analysis in small groups

Day Four

  • Determining What Makes a Business Valuable
    • Develop a systematic ratio analysis to evaluate earnings quality, growth prospects, risk, and market pricing
    • Describe and demonstrate the application of fundamental and relative (price-multiple) valuation methods
    • Learn the role of valuation in mergers and acquisitions (M&A)
  • Hands-On Application: Corporate Financial Analysis
    • Applying the comprehensive ratio framework and valuation methods to analyse a company of your choosing, and discuss the analysis in small groups 

Day Five

  • Financial Statement Analysis and Valuation
    • Evaluate the firm's strategy
    • Understand its accounting choices
    • Analyse its current performance
    • Forecast its future performance
    • Estimate its fundamental value
  • Real-World Experience in Real Time
    • Examining effective financial management in the real world
    • Talking to finance professionals

Expenses

This course costs $9,550.

About provider

Columbia Business School Executive Education logo

Columbia Business School Executive Education - At the Very Centre of Business

Business practices in every sector are influenced by the groundbreaking research conducted by the Columbia Business School's faculty members. They teach an ever-evolving and transformative curriculum that develops leaders that are ready and capable of creating opportunity in any environment....


Read more and show all courses with this provider

Request info

Fill out your details to find out more about Finance and Accounting for the Nonfinancial Executive.

  Contact the provider

  Get more information

  Register your interest

Contact info

Columbia Business School Executive Education

3022 Broadway
NY 10027

 Show phone number
www8.gsb.columbia.edu

Request information

Find out more about this Finance and Accounting for the Nonfinancial Executive course - simply fill out your details:

 
U.K. L&D Report: 2018 - Benchmark Your Workplace Learning Strategy

Are you curious about the L&D strategies of some of the U.K.'s top companies?

Find out what they're up to in findcourses.co.uk's second annual U.K. L&D Report!

uk-ld-report-2019

Learn more

 
Find a course for you!

  Read the course
 summary on this page

 Fill in your details and Request information

 Receive all the info you need

 
Find more courses here