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Please select from the available courses below to view the course description.
Introduction to Financial Statements
The Introduction to Financial Statements Series builds an intuition for the purpose of the balance sheet, the income statement and the cash flow statement. Illustrations of how the information on these primary financial statements can be used to better understand the stock and flow of an organization's wealth are also presented. Additionally, an introduction to the debit-credit system of accounting is provided so that users will have an understanding of how organizations account for their resources through time and then use this recorded information to generate their financial statements.
Interpreting Financial Statements
Keeping track of finances is an important part of small business success. This four-part e-learning program provides clear and concise guidelines that will help business owners use financial statements to track, understand and manage their business finances.
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Understanding Financial Statements
Finance basics for non-financial managers. Financial statements provide valuable information that guide business decisions. It is therefore essential that business decision makers have a good understanding of financial statements and their role in guiding decisions. This module presents information about the fundamentals of reading and understanding financial statements. It shows how various work activities can and do affect the financial health of an organization, and introduces concepts, examples and knowledge that non-financially oriented decision makers should know.
Balanced Scorecard
The Balanced Scorecard is a three-module e-learning program that focuses on the strategic process, and how it helps an organization define and achieve its primary objectives.
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Customer Profitability Analysis
An area of increasing interest is the role strategic financial managers can play in building customer profitability. While organizations recognize that exceeding customer expectations is necessary, long-term viability requires that those expectations are exceeded profitably. This two-module program will explain key concepts and issues related to understanding the determinants of customer profitability; how an analysis of customer profitability can be carried out; how to use customer profitability information to build a more profitable customer base; and how to convert unprofitable customers into profitable ones.
Redesigning the Finance Function
This course focuses on the critical issues in transforming the financing/accounting department into a proactive value adding function that contributes fully to the achievement of organizational objectives. It will provide insights into how to move the finance/accounting department away from its traditional role of transaction processing and scorekeeper role. Course modules will address such topics as transaction processing, control and risk management and decision support.
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Target Costing
Almost all costs related to providing a product or service are committed at the planning stage rather than the production stage. This course will look at how costs can be analyzed and controlled at the planning stage in order to develop a cost structure that yields a target level of profit. Subjects covered in the course include how to look at a product or service from the customer’s perspective to determine what attributes have value and what do not, developing an appreciation of how costs become committed and how to implement a target costing system.
Strategic Cost Management
Strategic cost management addresses the processes for designing cost systems to achieve high levels of organizational performance. The focus of this program is to identify opportunities to reduce cost, not just for the sake of cost cutting, but to ensure there is a consistency between a cost reduction program and achieving the organization’s strategic plan. Topics covered in the course include the nature and practice of strategic cost management as well as implementing a strategic cost management program.
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