Becoming An Effective Manager: Business Acumen - Finance

Accounting, finance, and economics are the tools companies use to make educated and appropriate business decisions. Managers who can leverage their knowledge of, and familiarity with, these tools add value to those companies. Key Performance Indicators, or KPIs, track progress toward set goals and are also a measure of corporate success. This management training course helps leaders to better measure these goals and contribute to them, as well as create sound business plans.

Businesses keep score of financial performance through accounting practices. Expenses, revenues, and capital, which are key metrics for evaluating corporate health, are tracked via accounting. As a manager, you will learn how to create a budget, and understanding historical financial data is the first step in doing so. You must also appreciate how economics, outside forces, can impact fiscal projections. This course gives many examples of these key concepts, as well as concrete definitions and examples of critical financial terms and documents.

Without a strong financial foundation, a company cannot be successful. And without a solid understanding of the various financial languages involved in a business, a manager cannot be an effective leader or piece of the corporate puzzle. Utilize the information presented in this training video and help create a healthier and more fiscally sound company.

   This course is in the Video On Demand format, to read about Video On Demand features click here.

Managers, supervisors or aspiring managers

• Introduction
• Accounting
• Finance
• Economics
• Summary

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