COURSE INFORMATION

Fundamentals of Finance and Accounting for Non - Financial Managers

Introduction & Background

Develop your skills in dealing with financial information

Transforming Managers with little or no experience in accounting or financial management to develop a working knowledge of these critical business areas. This program builds confidence in reading and understanding financial information to aid in financial decisions by providing clear examples of the content, concepts and terminology of financial systems. Learn methods often used to evaluate the financial viability and impact of business decisions.

Key Learning Objectives

• Generally Accepted Accounting Principles and the accounting process
• What is Managerial vs. Financial accounting
• Understanding balance sheets, income statements, statements of cash flows, audit reports and other reports accompanying financial statements
• Learn the time value of money, capital budgeting and investment decisions
• What is the difference of a lease vs. purchase is
• How to account and manage cash, inventory and accounts receivable
• Relevant, variable and fixed costs
• Learn about the cost volume profit analysis
• How to support your business decisions with financial back-up
• How to talk to financial people in your language - and their language
• How to evaluate both short and long term operating decisions using financial data
• What to look for in reports and how to analyze that information to put it to your advantage

Refund Policy

Cancellation Policy: University of Saskatchewan's liability is limited to reimbursement of paid tuition fees. Cancellations received at least ten (10) business days in advance of the course commencement date will receive a full refund. Cancellations received less than ten (10) business days prior to the course commencement date will be subject to a $500 administration fee. Cancellations received less than three (3) business days prior to the course commencement date will be subject to full course tuition cost. Non-attendance will incur full course tuition cost. Fees subject to change without notice. Program Transfers: One course transfer will be permitted without penalty if the cancellation request is received more than ten (10) business days prior to the course start date. Program transfers within ten (10) business days of the course start date will be subject to a $300 administration fee. Alternate program transfers may be approved dependent on course availability. Transfer requests must be scheduled within six (6) months of the initial purchase. Applicants will be responsible for any price difference in program fees at the time of the request. Each subsequent transfer request will be subject to $300 administration fee.

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