Any executive or manager with responsibilities for the financial health of an organization. Participants are not expected to have any formal accounting experience.
Who is this for?
"This course is very informative and delivers what it promises, giving us very usable skills and tools to use in business. I would recommend it to all managers with responsibility for the financial performance of their company.”
Benefits for you
- Gain a basic understanding of generally accepted accounting principles, financial analysis tools and various types of financial statements
- Understand the relationships between investment, operational and financing decisions
- Identify the danger signals when assessing the viability of an enterprise
- Be able to interpret key financial figures and their impact on your business
- Recognize the limitations of financial statements
- Better comprehend financial information seen in the media
"A practical real-world course that inculcated a skill set that will make me more effective in my work.”
Program content
- Content and format of financial statements: accounting standards, current issues
- Making sense of individual statements: the balance sheet, income statement/retained earnings, cash flow statements, notes to statements
- Analyzing statements: analyzing liquidity, leverage, profitability and activity ratios, common size analysis, comparisons with other firms/industries or over time
Special features
There will be a discussion on “earnings management” and “aggressive financial reporting,” and how some companies (e.g. Nortel, WorldCom) used these techniques to manipulate their financial statements. You will also learn how to uncover some of these irregularities in financial statements.
Program leader
Scott Sinclair
Faculty
Scott is a lecturer at the Sauder School of Business. He has been actively involved in professional accounting education for more than 30 years. He was the principal author for the CA School of Business in Western Canada between 2000 and 2010, and has won multiple awards for teaching excellence. He has also worked for Coopers & Lybrand Chartered Accounts, serving small business and mining clients.
Upcoming sessions
Note: participants in this program may qualify for up to $10,000 in funding through the Canada BC Job Grant program. Find out if you qualify.
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Contact a learning advisor for more details.
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Get in touch
604.822.8400 or 1.800.618.3932
exec.ed@sauder.ubc.caVisit our contact page for more information.
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