Building Finance Into Your Management Practices

Do you “get” economic and financial performance? Are you familiar with the language of finance? Aware of the financial consequences of your decisions? Did you know that your decisions are actually all financial decisions? That’s why it is essential for you to understand the financial consequences of your actions. Once you clearly understand the ins and outs of economic and financial performance, better decision-making will follow.

In this course, you will get to know the language of finance, which is essential in today’s corporate world. You will grasp financial reasoning, so you can understand the impact of your decisions. This background will enable you to determine which economic and financial indicators you must consider before making a decision. And think through what the impact of a bad decision will be.

Also Available as:

• Onsite

*Purchase any AMA OnDemand course by October 31, 2013 for only $995.

Schedule Duration Attendees 3 Month Subscription 1 2 3 4

How You Will Benefit

• Read and analyze an income statement
• Anticipate the economic impact of your decisions
• Identify the economic signals that will enable you to make better decisions
• Integrate economic and financial performance into your daily management practices
• Evaluate and enhance the performance of your department or business unit
• Understand the meaning behind directives from finance and general management
• Converse more effectively with personnel from finance and operations

Learning Plan

Analyzing your company’s income statement

• Understanding the key components of an income statement
• Recognizing how activity level impacts profit and loss
• Gaining insight into how decision-making affects results

Anticipating the financial impact of your decisions

• Knowing the components of the working capital requirement
• Realizing how your decisions impact the working capital requirement
• Predicting your company’s economic and financial developments

Asking the right economic and financial questions

• Determining what conclusions you should draw from your company’s profit and loss statement
• Understanding what the operating requirements are
• Forecasting whether your decisions will create value

Who Should Attend This Course

Managers at all levels and project managers with decision-making authority who need a better grasp of finance to ensure profitability.