Market Areas > General Management > Non-Financial Managers

A CCM "First Friday" event...

Finance for Non-Financial Managers: Demystifying Income Statements, Balance Sheets, Cash and Finance Lingo

Course Description:

You may not be in the finance department, but as manager or department head you're going to have to read a financial statement at some point, or have some form of financial communication and reporting to do as part of your job description.

As a non-financial manager you may feel baffled by the terminology used and confused by the various statements, but without a basic knowledge of business finance, you’re sabotaging your chances for real management success.

CoursE highlights:

• The language of finance for non-accountants, including how to:
  • Describe the difference between earnings, profit and income
  • Explain EBIT and EBITDA
  • Speak the lingo so that you can ask your accountants questions and understand the answers
• What the income statement and balance sheet tell you, including how to:
  • Define the purpose and elements of the income statement and balance sheet
  • Identify the key numbers in each statement
  • Describe what you need to do in order to tell the story of each statement
• Why profit and cash are different (and why it matters), including how to:
  • Explain why cash is king
  • Describe the three key reasons why cash and profit are different
  • Identify how a company can have cash but no profit (or profit but no cash!)

Featured Faculty:

Jim Bado, Senior Consultant, Business Literacy Institute

Jim Bado, a Senior Consultant with the Business Literacy Institute, is a highly regarded trainer, facilitator and keynote speaker, providing business education to clients across America for more than eighteen years.  Specializing in connecting people’s daily work to company success, Jim has designed and delivered successful educational sessions on corporate finance, reading financial statements and interpreting and applying the numbers.

During his career, Jim has started two consulting companies, worked as an executive for a 100% employee-owned firm and created learning games that teach employee ownership, business finance and how to read and understand the numbers.  Co-author of the hands-on business book:  Open-Book Management, published by Thomson Learning, he has written dozens of articles on building business people at work and is a frequent speaker at national, regional and local employee-ownership conferences. 

Jim lives in Ohio where he earned an MA from Kent State University.  He is a certified Economic Development Professional, having completed the intensive, four-week financial analysis training with the National Development Council. 

In addition to his work developing business literacy games and teaching the “secrets” of employee ownership and corporate finance, Jim is the inventor of three award-winning children’s board games produced and distributed internally by Learning Resources, Inc.

MONEY-BACK GUARANTEE:

We're so confident you'll get what you want out of this conference that we'll refund every penny if you're not completely satisfied. No questions asked! It's 100% risk-free!

Pricing:

Your CD recording includes the complete audio conference presentation, audience Q&A and presentation materials.

APPROVED FOR RECERTIFICATION CREDIT:

HRCI - Receive 1.25 recertification credit hours toward PHR and SPHR recertification through the Human Resource Certification Institute (HRCI). For more information about certification or recertification, please visit the HRCI homepage at www.hrci.org. "The use of this seal is not an endorsement by the HR Certification Institute of the quality of the program. It means that this program has met the HR Certification Institute's criteria to be pre-approved for recertification credit."

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