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Case Western Reserve University: Weatherhead School of Management  

Weatherhead Executive Education

 
 
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Financial Decision-Making for Non-Financial Managers

Subject Financial Decision-Making
Certificate Financial Decision-Making Certificate and the Advancing Manager Certificate
Prerequisites No prerequisites
Cost
(Available Discounts)
Individual Participants: $570 by credit card; $595 by check
Affiliate/Health Affiliate Partners: One class day per participant.

Program Dates Continuing Education
November 13, 2008, 9:00 a.m. - 4:30 p.m.
Cleveland, OH
Add to Cart Instructor: Tom Schultz, PhD, CPA

This program provides continuing education credit for the following professions:

SPHR Professionals 6 CEU
PHR Professionals 6 CEU
OHIO CPA 8 CPE

Accounting and financial concepts provide every manager with a critical perspective on business performance and a foundation for good decision-making. This program will equip managers with fundamental accounting and financial definitions, concepts and tools for managerial decision-making. Gain essential knowledge that will increase your confidence and ability to contribute to internal financial decisions.

Topics

  • Operating, investing and finance functions
  • Operating decisions
    • Proper decision methods
    • Relevant information
  • Cost, volume and profit
  • Investing and financing decisions
    • Time value of money and net present value
    • Risk
    • Capital budgeting
  • Putting it all in context: An organizational perspective on financial decision-making

Learning Outcomes
As a result of attending this program, participants will learn to:

  • Recognize key criteria for making operating, investing or financing decisions
  • Identify and use costs that are relevant for making internal decisions
  • Recognize the importance of risk assessment
  • Make better decisions to increase profitability

Who Should Attend  
Non-financial managers of for-profit firms who make or contribute to decisions that have significant financial implications. This seminar is not intended for managers who already have a basic understanding of accounting and finance. Those considering this course should also consider Analyzing Financial Statements for Non-Financial Managers.  Together, these introductory courses provide a fundamental understanding of the relationship between internal financial decision-making and external financial reporting.

Level of Prior Knowledge in This Subject Area: None.
This course assumes no prior background in accounting or finance. Those who already have a basic understanding of these concepts should consider Financial Analysis and Corporate Planning.