This course is designed to frame financial issues for non-financial managers. Basic accounting and financial terminology and concepts are introduced and practiced. Topics covered include the accounting environment, financial statements, financial markets, working capital management and financial planning, and internal controls.
Determine the importance of ethics and internal control programs and describe effectiveÂ control techniques.
Assess the key relationships between the four financial statements.
Assess the key relationships between the basic accounting equation and the financial statements.
Prepare financial statements from a trial balance.
Principles of Finance
Examine the functions of financial markets, intermediaries, and regulatory bodies.
Describe the different sources of capital used by organizations.
Explain the importance of TVMÂ (Time Value of Money) analysis within the organization.
Examine the concepts of receivables, payables management, and cash management.
Identify various inventory management concepts.
Describe the elements of working capital and the cash conversion cycle.
Financial Statement Analysis
Determine fixed and operating costs and the application of operatingÂ leverage.
Recognize the impact of variable costs, margins and profitability.
Analyze financial statements using financial ratio analysis.
Describe the impact of the regulatory and compliance environment on accounting.
Identify the four types of financial statements.
IllustrateÂ the accounting cycle.
Define basic accounting concepts, terminology, and transactions.
The University of Phoenix reserves the right to modify courses.
While widely available, not all programs are available in all locations or in both online and on-campus formats. Please check with a University Enrollment Advisor.
Transferability of credit is at the discretion of the receiving institution. It is the student’s responsibility to confirm whether or not credits earned at University of Phoenix will be accepted by another institution of the student’s choice.
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