Financial Accounting for the Nonfinancial Manager
August 15–16, 2012
9 am to 5 pm at Harvard University
Early bird tuition: $1,800. Regular tuition: $2,100. See the early bird tuition deadlines.
Class size is limited.
This two-day program in accounting transforms financial and accounting concepts into decision-making tools you can use successfully every day. We introduce accounting methods and delve into financial statements. You gain the skill, confidence, and competence to understand the financial aspects of your organization. And you learn to apply these fundamentals to improve budget management, increase potential profits, and assess the financial performance of business activities.
What you will learn
- The basics of assets, liabilities, revenue, expenses, and net income
- The balance sheet and its use
- How to define revenue and expense
- How to use income statement ratios to evaluate profit and loss
- Cash flow and non-cash expenses
- The differences between cash and profit levels
- The basics of the budgeting process and the relationship between cost, price, and volume
Topics covered
- Accounting fundamentals such as debits, credits, and double-entry bookkeeping
- The accounting cycle and process
- The role of financial statements: balance sheet, income statement, and statement of cash flows
- Break-even analysis
- Budgeting as a tool for decision making
Who should enroll
If you are a manager in a nonfinancial role, regardless of industry or profession, and want to develop your knowledge of financial accounting practices, you will benefit from this program.
Other information
You are encouraged to bring a basic calculator for simple calculations. The use of the calculator function on a cell phone or smart phone is an option.
Faculty
James F. White is assistant dean for finance at the School of Science at MIT, where he provides advice and counsel regarding finance and budget, faculty administration, research administration, and other business-related policy matters. Previously, White was director of finance and administrative operations, and chief financial officer of Harvard Medical International.
White received a bachelor’s degree in economics from Clark University, a master’s degree in management from Purdue University, and a certificate in accounting from Bentley College. He teaches accounting at Harvard Extension School, Boston University, and Suffolk University.
Questions?
Contact harvardprofdev@dcemail.harvard.edu.
Register now >through August 14
