Accountant’s Guide to

Financial Management

Course Description:

This course is designed for accountants who must have financial knowledge but has not had formal training in finance. Topics include: The Sarbanes-Oxley Act financial reporting requirements, uses and analysis of financial statements, financial forecasting and cash budgeting, risk and return, valuation of stocks and bonds, time value of money, investing and financing, leverage, optimal capital structure, portfolio selection, management of financial resources, and internal finance. The goals of the course are fourfold:

1. It provides an understanding and working knowledge of the fundamentals of financial decision making and strategy that can be put to practical application in day-to-day jobs of accountants and managers.
2. It also concentrates on providing a working vocabulary for communication.
3. It uses examples and illustrations, with emphasis on the practical application of financial concepts, tools, and methodology
4. It also includes checklists, guidelines, rules of thumb, diagrams, graphs, and tables to aid your comprehension of the subjects discussed.

Learning Objectives:

Upon successful completion of this course, participants will be able to:

• Identify the goal of the firm
• Distinguish between profit maximization
• Describe the scope and role of finance
• Define some key finance vocabularies
• Explain the role of financial managers
• Describe the relationship between accounting and financing