Finance and Accounting for the Non-Financial Professional Course

Finance and Accounting for the Non-Financial Professional

- Course Overview
- Topics to be Covered
- Who Should Register?
- Registration Information
- Meet the Instructors

Course Overview
The corporate financial landscape changes constantly, making it difficult for even financial professionals to keep current. Owners, operators and managers of small or middle market companies may find it even more difficult. This 8-week course, Finance and Accounting for the Non-Financial Professional, introduces and/or reinforces fundamental financial and accounting concepts coupled with practical analytical skills required of business professionals.

The program consists of 20 hours of instruction including lectures and group discussion.

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The topics that will be covered include:

Major Accounting Concepts

Introduction

Course overview
What is accounting for?

Accounting in a Nutshell

The accounting equation
The Chart of Accounts
Double-entry bookkeeping demystified
The accounting cycle
Accounting systems old and new

Financial Reporting in Myth and Reality

GAAP, SEC, IRS and other important acronyms
Hard vs. Soft numbers
Expensing vs. Capitalization
Accrual vs. Cash Methods of reporting
The role of Certified Public Accountants

Financial Statements and Analysis

Getting Behind the Numbers

The Basic Four financial statements
The gaps in GAAP – what financial statements say and don’t say
Corporate Responsibility
Analyzing using ratios and comparisons

Cash Flow Analysis & Management

Testing for Liquidity and Solvency
Credit Analysis
Sources of Financing

Budgeting and Profit Planning

Building a Workable Budget

Types of budgets
Projecting revenues and expenses
Using your budget to measure and correct performance
Impact of financial leverage
How to use Financial information in the decision making process
The duties and responsibility of the corporate finance function
Role of the Chief Financial Officer and Controller

Profit Planning

Cost Analysis
Pricing
Breakeven Analysis

Major Financial Concepts and the Financial Reporting Environment

Capital Budgeting

Financial modeling for decision making, including time value of money concepts
Risk and Capital Budgeting
Capital Budgeting Tools – Internal Rate of Return (IRR) and Net Present Value (NPV)
Return on investment (ROI) and how to use it

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Who should register for this course?

This course is ideal for professionals from a non-financial background including managers, executives, business owners, consultants or for anyone interested in learning more about finance and accounting.
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Registration Information

Course #:	FA0408
Fee:	$995
Dates:	Thursdays, April 24 - June 12, 2008
Time:	6 - 8:30 p.m.
Location:	University of Illinois at Chicago
Address & Room #:	1337 S. Halsted, Ste. 380, Chicago, IL 60607
Registration Deadline:	April 23 , 2008
Discounts:	SAVE 15% if you register with a team of 3 or more employees from your organization (a savings of $149.25!) SAVE 20% if you are a University of Illinois employee, student, or alumni (a savings of $199)!

Register Now!

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Join our e-mail list if you are interested in being notified of the next offering of this course.

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Meet the Instructors

Craig R. Boyer
Dan Spillane

Disclaimer - UIC CBA Professional Development reserves the right, without prior notification to students, to change course content, instructors or schedules at any time to ensure the effective operation of programs.

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