Finance and Accounting for the Nonfinancial Executive

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Program Salesforce ID
a0G70000000yBLlEAM
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Overview
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In five days of hands-on, interactive sessions, Finance and Accounting for the Nonfinancial Executive provides you with a unique opportunity to deepen your expertise of finance and accounting for better management and decision-making capabilities.

The program features sessions on the role of accounting, key concepts of managerial and financial accounting, ratio calculation, forecasting and valuation, and shareholder value management.

At the end of the program, you will have mastered key finance and accounting concepts and understand the relationships among profitability, cash flow, liquidity, solvency, and growth, and identify the red flags in financial statements – highly important in the current volatile financial context.

Are You Ready to Take the Next Step?

Do you already have a solid understanding of financial statements, revenue and expense recognition, and asset and liability measurement but are looking for tools to evaluate the financial consequences of operating, investing, and financing decisions? Our Financial Analysis and Valuation for Strategic Decision Making program might better meet your needs.

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The Finance and Accounting for the Nonfinancial Executive program was an excellent offering with the right balance of classroom instruction and appropriately challenging content. The impressive set of professors presented expert direction, discipline, and knowledge that will undoubtedly be applicable in any executive's day-to-day profession.
Quote Name
Past Participant Matthew Whalen
Quote Job Title
SVP and Chief Technology Officer at GTECH
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Faculty director Doron Nissim introduces the program.
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overview
Impact
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Finance and Accounting for the Nonfinancial Executive blends broad financial principles with practical applications.

How You Will Benefit in the Current Context
Participants report appreciating the thoroughness of the program: rigorous, but rewarding. The personal attention participants receive from faculty brings concepts into clearer focus more readily and helps participants quickly gain confidence in their new finance and accounting skills.

Summary of Benefits

  • Understand accounting's role in business and master the language of accounting
  • Learn and apply key concepts of managerial and financial accounting
  • Calculate ratios and develop a sound ratio analysis
  • Develop forecasts and conduct valuation analysis
  • Apply finance and accounting concepts to shareholder value management
  • Identify red flags in financial statements
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Program Structure
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Title
Part 1
Content

Introduction to financial accounting

The economic and institutional setting for financial reporting

  • What is financial accounting?
  • Objectives, products and uses of financial accounting
  • The rule setting process: U.S. and internationally

Assumptions

  • Accounting entity
  • Going concern
  • Monetary
  • Periodicity

Constraints

  • Estimates
  • Materiality
  • Consistency
  • Conservatism

Accrual accounting

  • The accounting equation
  • Asset and liability recognition and measurement
  • Revenue recognition
  • Expense recognition
  • Articulation
  • Transaction analysis
Title
Part 2
Content

Financial reporting

Understanding financial statements

  • Balance sheet
  • Income statement
  • Statement of cash flows
  • Secondary financial statements: comprehensive income and shareholders’ equity

Accounting quality – implications of

  • Accounting conservatism
  • Choices, judgements, estimates and incentives
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Part 3
Content

Financial planning and analysis

Managerial Accounting

  • Costing
  • Pricing
  • Budgeting
  • Variance analysis
  • Performance measurement

Integrating financial and managerial accounting

Mastering net present value (NPV) calculations

Title
Part 4
Content

Financial statement analysis

Reformulating the financial statements (F/S)

  • Operating versus financing activities
  • Recurring versus transitory items

Conducting ratio analysis

  • Profitability
  • Earnings quality
  • Solvency
  • Liquidity
  • Working capital
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Part 5
Content

Forecasting and valuation

Relative valuation

  • P/E
  • P/B
  • EV/EBITDA

Forecasting financial statements

  • Revenue
  • Key ratios
  • Free cash flow

Cost of capital

  • Cost of debt
  • Cost of equity
  • WACC

Fundamental valuation

  • Models
  • Implementation
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program-structure
Testimonials
Quotes
Name
Clement Schvartz
Role
Director at Google
Quote Content
This program quickly and efficiently helps you discover, understand and constructively challenge finance and accounting information.
Name
Didier Hazoume
Role
COO at Lababidi Holdings
Quote Content
I come from a technical background. Finance and Accounting for the Nonfinancial Executive has really changed my life and gave me the opportunity to read and understand and take strategic decisions from the accounting results and propositions that I've been getting from the finance department. I used to only stop at the balance sheet, the P&L statement but since going to FANE I have been able to go beyond that. Today I'm very comfortable looking at many figures, which is very important for my company.
Name
Matthew Whalen
Role
SVP and Chief Technology Officer, GTECH
Quote Content
The finance and accounting for the nonfinancial executive program was excellent offering the right balance of classroom instruction and appropriately challenging content. The impressive set of professors presented expert direction, discipline and knowledge that will undoubtedly be applicable in any executive's day to day profession.
Name
Jill Anderson
Role
Chief of Staff, New York Power Authority
Quote Content
This course was an incredibly valuable investment for me. I am impressed by how much I learned and have since retained from an intense and productive five day course.
Name
Renzo Alcantara
Role
CEO, TCI S.A.
Quote Content
I especially liked that I could bring my company’s financial statement to the program and discuss it in one-on-one conversations with the coaches. What I learned helped me grow my company. After the program I negotiated a loan with the company’s bank. That was a couple of years ago. This year, we finished paying off that loan and are about to request a new one because we’re continuing to grow. In the last four years we’ve doubled our sales, and we’ve increased our earnings in the double-digits. I was able to effectively turn the program learnings into results.
Name
Mark Facciani
Role
Business Analyst at the Conti Group
Quote Content
This program provided an outstanding foundation in accounting and finance. I had no background when I entered. When I left, I found myself asking meaningful questions about not only the numbers, but the strategy behind them. An outstanding program!
Name
Dr. Ruth Redman
Role
Carl Zeiss Microscopy
Quote Content
Fast-paced, highly informative course for individuals from varied non-financial backgrounds. All were able to follow and grasp aspects that were most relevant to them as well as broadening their perspectives on other aspects of accounting and financials.
Name
Florian Bernodat
Role
Site Director, The Nature's Bounty Co.
Quote Content
The FANE program provides you a big picture of Finance and Accounting. It also allows you to drill down to details and break down all finance and accounting principles and fully diagnose how any organization is functioning. I am convinced it'll give more agility and confidence to make the right decisions for my organization!
Name
Christian Khoury
Role
Vice President at ADP
Quote Content
Any executive needs to understand the basics of finance and accounting. This courses does exactly that!
Section ID
testimonials
Participant Profile
Industry
Industry %
Finance/Accounting 16
IT / Technology 10
Manufacturing 9
Healthcare 9
Energy / Resources 7
CPG 6
Shipping & Transport 4
Retail & Wholesale 4
Construction 4
Government 4
Real Estate 4
Other 23
Job Function
Industry %
General Mgmt 16
Marketing 10
Sales 8
Legal / Compliance 6
Operations 6
Administrative 6
Finance / Accounting 4
Engineering 3
Info Systems / Tech. 3
Other 25
Section ID
participant-profile
Sales Contact
Alberto O. Cruz
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