Accounting for Non-Accountants

Accounting is the language of business. A strong knowledge of the basics will go a long way to helping you feel confident in contributing to business decisions. In this course, instructor Denise Probert shows you how to use accounting and financial information, even if you aren’t an accountant. Denise explains best practices to communicate financial activities, positions, and information. She walks you through how to connect goals with desired financial results, such as driving revenue and operating income, understanding profitability and earnings ratios, and more. Denise offers practical advice on improving your financial position and cash flow, as well as understanding your company’s financial performance relative to prior periods and your competition. The financial knowledge and skills that you acquire in this course will help you have confidence that you are able to contribute to and lead your organization.

Note: Supplemental materials for this course can be found in the exercise files.

Learning objectives
Distinguish between the various financial statements.
Calculate revenue given a scenario.
Describe the way in which businesses use ratio analysis and trend analysis to make business decisions.
Identify activities recorded in a statement of cash flows.
Recall the purpose of managing the cash conversion cycle.
Define trend analysis.