SBMT 1345 Finances for the Non-Financial Manager

Description

Finances for the Non-Financial Manager provides learners with an opportunity to explore the essential concepts of financial analysis and improve their decision-making skills. This course is for students who have little experience in the field of finance. The students will explore the financial activities practiced by nonfinancial managers who are responsible for resources and interested in improving the financial performance and destiny of their organization.

Management Credits

3

Prerequisite:

Student is an entrepreneur, employee or by special permission of the instructor

Topics to be Covered

1. Learn to analyze business transactions for proper recording and financial statement preparation

Learning Outcomes

1. Understand and apply the basic principles of financial accounting

2. Record and classify business transactions using double-entry accounting

3. Prepare and analyze key financial statements

4. Develop skills to analyze financial data to assess business performance

5. Explain the accounting cycle and its significance in financial reporting

6. Formulate financial strategies to set short- and long-term goals

7. Calculate business payroll and enter payroll transactions