Finance for Strategic Managers – Accounting
September 21, 2023 2024-04-29 22:46Finance for Strategic Managers – Accounting
Finance for Strategic Managers - Accounting Course
Finance for Strategic Managers melds accounting principles with strategic management to guide decisions for sustainable business growth.
- 36 Hours
- 15 Lessons
- Certificate
- Library Course
Course Overview
Finance for Strategic Managers - Accounting refers to the specialized area of finance that integrates accounting principles with strategic management concepts. It focuses on understanding financial data and its implications, helping strategic managers make informed decisions that align with an organization's long-term objectives. By blending traditional accounting practices with strategic insights, managers are better equipped to navigate the financial complexities of business and drive sustainable growth.
Course Curriculum
Financial Data
Financial data comprises quantitative information vital for business strategy, risk assessment, and investment decisions. It empowers organizations to make informed choices, manage financial risks, and evaluate the potential of capital expenditures.
Lessons
- Understanding financial information, needs and sources
- Understanding Business Risk
- Introduction to Capital Budgeting
Fundamentals of Financial Accounting
Financial Accounting Fundamentals encompass the ability to interpret financial statements, offer financial recommendations, and evaluate a business’s current viability through comparative financial data analysis.
- Essential Accounting and Financial Reports
- Introduction to Financial Accounting
- Financial Accounting Recording Process
- Accounting for Merchandize Operation
- Inventory Accounting
- Understanding Account Receivable
- Accounting for Fixed Assets
- Understanding Cash Flow Statement
- Financial Statement Analysis
Strategic Financial Decisions
Strategic financial decisions encompass understanding the impact of creative accounting techniques, prioritizing cash flow management in capital expenditure evaluations, and utilizing diverse sources of financial data for informed business strategy.
- Creative Accounting and Investment Decision
- Cash Flow Management and Expenditure Proposals
- Sources of Finance Identification and suitability