Finance...for Non-Financial Professionals

no prerequisites ZFIN-1025: Finance...for Non-Financial Professionals

This program gives you the tools to develop financial literacy that will enhance your professional credibility and boost your decision-making skills. You will develop a working knowledge of the standard practices, language and fundamentals of finance and accounting that will enable you to control costs, measure results and plan for growth, recognize and avoid problems that can affect the bottom line.

Successful completion of this course will increase your knowledge and ability to:

• Explain the basic accounting equation
• Describe how assets, liabilities and equity reveal the financial condition of your organization
• Comprehend debits and credits
• Record and analyze business transactions from source documentation
• Understand the budgeting process
• Read and comprehend financial statements
• Improve financial literacy through understanding of cash and accrual methods, calculation of accounts receivable and accounts payable
• Comprehend payback and break-even analysis, the time value of money, and how to calculate net present value
• Determine adequate testing for liquidity, leverage, and solvency through ratio analysis
• Recognize how and when accountants can manipulate and fabricate accounting data

ZFIN

1025