FINANCE FOR THE NON-FINANCIAL LEADER
Understanding financial fundamentals is essential to direct your company in strategic decisions. This knowledge allows you to make better use of your information and become a strategic contributor to your organization. Understanding how finance works within your organization allows leaders to use this knowledge to more efficiently drive the success of their business.
This course is for leaders and decision-makers who do not have a strong background in finance. This course provides them with an understanding of how money works within their organizations, how to implement strategies in decisionmaking processes to drive business results, and how to achieve competitive financial performance. It emphasizes practical application of accounting principles and provides a framework for interpreting and leveraging information in a variety of business settings.
This class can count towards the Executive Leadership Certificate. The Executive Leadership Certificate is highly customizable. Choose any of our 6 leadership classes to receive the full certificate.
The Executive Leadership Certificate covers both soft skills and hard skills necessary to lead organizations. If you are in a mid- to senior-level position and want to grow in your organization or make a career change, this certificate is right for you. If you are an individual who wants to understand business from multiple angles and develop your leadership skills, this certificate is also right for you.
Topics Covered
• Financial statements
• Present value techniques and applications
• Evaluating projects
• Assessing earnings quality
I Need This Program Because:
• I want to analyze the performance metrics by which I am being measured and why they matter
• I want to use accounting concepts and strategies in my company’s decision-making processes
• I want to gain confidence and become a better communicator among peers and senior management
• Cost accounting and managerial accounting
• Financing, leverage, and options
• Strategy and oversight
My Organization Needs This Program Because:
• We want to communicate financial goals and performance more effectively
• We want to evaluate the performance of our company
• We want to anticipate what financial statements should look like given the company’s business model
• We want to determine how our goals and performance are measuring up over time and against competitors
Who Needs This Class
• Executives who contribute to decisions with financial implications
• Managers with profit-and-loss responsibility in non-financial areas
• Entrepreneurs and small business owners without a financial background
• Individuals looking to move up into senior positions
Modules
Understanding Financial Statements
• Balance sheet
• Income statement
• Statement of cash flows
• Statement of equity
• Footnotes
• Audit report
Present Value and Discounted Cash Flow Applications
• Discounted cash flow analysis and uses
• Time value of money
• Evaluating projects
• Cost of capital
Presenting Faculty | Atif Ellahie, PhD, CFA
Investment Analysis
• When to use valuations
• Valuation methods
• Vertical and horizontal analysis
• Key financial ratios
Earnings Quality, Budgeting, and Managerial Accounting
• Role of budgeting in the strategic cycle
• Successful budgeting and templates
• Managerial accounting
• Break-even analysis
• Quality of earnings
Atif Ellahie is an Associate Professor at the David Eccles School of Business of The University of Utah. Atif’s research spans accounting and financial economics and has been published in several leading academic journals. He is an award-winning teacher and an expert in accounting, financial analysis, valuation, and mergers and acquisitions. Prior to academia, Atif worked for a decade at UBS Investment Bank in New York and London providing corporate finance advice to technology companies, including IBM, Xerox, Motorola, Infosys and BAE Systems. Atif has a Ph.D. degree from London Business School and an MSc Accounting and Finance degree from London School of Economics. He also holds the professional designation of Chartered Financial Analyst.
THE ECCLES DIFFERENCE
The David Eccles School of Business enrolls about 6,000 students in its eight undergraduate majors, four MBAs, seven other specialized graduate programs, one Ph.D. program, and executive education curricula. It is also home to seven institutes and centers that support an ecosystem of entrepreneurship, technology, and innovation, including the Lassonde Entrepreneur Institute, Ken C. Gardner Policy Institute, Sorenson Impact Center, and more.
Our faculty members boast impressive professional and educational backgrounds and hold Ph.D.s from esteemed universities including the University of Pennsylvania’s Wharton School, Northwestern University’s Kellogg School, Harvard Business School, Stanford Graduate School of Business, and University of California at Berkeley’s Haas School.
Telephone: (801) 587-7273
Email: ExecEd@Utah.edu
Website: ExecEd.Utah.Edu
Registration: Eccles.Secure.Force.com/ExecEdApplication
1731 E Campus Center Drive
Robert H. and Katharine B. Garff Building, GARFF 4340
Salt Lake City, Utah 84112
040524