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Financial Analysis for NonFinancial Managers
This five-day program will enhance your ability to understand financial reports, better communicate with financial officers in your organization, evaluate your unit's financial performance, and make sound financial decisions.

The purpose of this course is to help nonfinancial managers interpret data from financial reports, including balance sheets, income statements, budgets, and divisional performance reports and make better business decisions based upon this information. The program will teach the analysis of historical performance of financial reports and forecasting financial performance. Participants will be better able to communicate the financial goals and performances of their departments to outside sources. They will improve their understanding and be able to use financial language to communicate with others, including financial managers in their organizations.

Program Dates and Fees
August 9-13, 2010 $7,650.00
December 6-10, 2010 $7,650.00
During This Seminar You Will Learn To:

  • Understand the fundamental terminologies and methodologies of financial and managerial accounting.
  • Evaluate financial performance.
  • Understand and analyze corporate financial statements
  • Measure the cost and profitability of a product or service.
  • Learn how costing systems are linked to corporate strategy.
  • Measure opportunity and capacity costs.
  • Evaluate key business decisions, such as outsourcing.
  • Organize and evaluate the performance of corporate units.
  • Forecast financial performance and capital requirements.
  • Evaluate capital expenditure proposals.
  • Recognize deficient financial reporting.
Who Should Attend
Nonfinancial mid- to upper-level managers in every functional area of all industries will benefit from this course. Managers from areas such as marketing, sales, human resources, operations, manufacturing, or engineering, as well as general managers who have been promoted through these routes, will find this program highly beneficial to their understanding of financial analysis. This course will be helpful as well to consultants, small business owners, and practicing professionals who want a better understanding of financial principles. Those familiar with finance or accounting principles and interested in a more advanced course, please refer to our Finance for Executives program.
Program Outline
  • Analyzing Historical Performance
  • Forecasting Financial Performance
  • Overview of Firms' Internal Information Systems
  • Activity-based Costing and Activity-based Management Systems
  • Using Cost Information to Understand Profitability and Corporate Strategy
  • Planning, Control, and Evaluation Systems
  • Ray Ball
    Ray Ball teaches MBA courses and executive MBA courses in accounting at the University of Chicago Booth School of Business, where he rejoined the faculty in 2000. He is an editor of the Journal of Accounting Research and was an editor of the Journal of Accounting and Economics from 1986 to 2000. He also is a professor in the European Institute for Advanced Studies in Management.
    Phil Berger
    Phil Berger is the Wallace W. Booth Professor of Accounting at The University of Chicago Booth School of Business. He previously served on the faculty of The Wharton School of the University of Pennsylvania (1991-2002) and also served as a visiting associate professor at MIT's Sloan School of Management (1998-99).
    Richard Leftwich
    Richard Leftwich teaches MBA courses and executive MBA courses in financial statement analysis and financial management at the University of Chicago Booth School of Business. In 1994, he received the prestigious McKinsey Award for Excellence in Teaching.
    Classes are held at the Gleacher Center of the University of Chicago Booth School of Business, 450 North Cityfront Plaza Drive, situated along the Chicago River (one block east of Michigan Avenue), in the heart of the downtown district known as "The Magnificent Mile." The Center is within walking distance from some of Chicago's most exciting retail and entertainment areas.
    The course will begin at 8:30am on Monday and end at 1:00pm on Friday.

    Hotel Accommodations and Reservations

    A limited block of rooms have been reserved for a discounted rate at the
    InterContinental Chicago
    505 N. Michigan Avenue
    Chicago, IL 60611
    Phone: 801.401.5226 or 800.235.4670 (toll-free)
    Fax: 312.321.8725

    For More Information Contact:

    THE UNIVERSITY OF CHICAGO BOOTH SCHOOL OF BUSINESS

    450 N. Cityfront Plaza Drive Chicago, IL 60611-4316 http://www.chicagoexec.net
    Contact Us Online

    Mark Lewis
    Associate Director of Executive Education
    Phone: (312) 423-8040
    Fax: (312) 464-8731
    E-Mail: mark.lewis@ChicagoBooth.edu

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