CHRM240

Accounting and Financial Management Essentials

Build financial management skills and knowledge that will increase confidence when assessing financial matters impacting the performance of your organization. Develop the skills you need to apply in your daily work as a manager to make informed financial decisions and meaningful contributions to your organization.

You will start with a general overview of the concepts and language of financial management and accounting topics followed by an introduction to the accounting cycle and financial statements such as the balance sheet, income statement and statement of cash flows.

By the end of this course you will have calculated financial ratios, developed a budget, explained variances, differentiated between various types of costs, and analyzed financial risk. You will have been introduced to sources of capital and capital budgeting as well as the application of financial decision-making to support business decisions within your organization. You will be able to analyze and interpret the information before you to measure financial performance.

Overview

Location: Online
Format: Self-paced within deadlines set by instructor
Duration: 8 weeks
Tuition: $749
Can be applied to:
Human Resources Management Certificate

Upcoming Offerings

Register for a course at any time, with the option to apply to a program later.

Start Date
Schedule
Location
Instructor
Cost
Seats
Available
Action
Start DateMon, May 8, 2023
Schedule
  • Mon, May 8 (self-paced all week)
  • Mon, May 15 (self-paced all week)
  • Mon, May 22 (self-paced all week)
  • Mon, May 29 (self-paced all week)
  • Mon, Jun 5 (self-paced all week)
  • Mon, Jun 12 (self-paced all week)
  • Mon, Jun 19 (self-paced all week)
  • Mon, Jun 26 (self-paced all week)
LocationOnline
InstructorBill Scott
Cost$749.00
Seats Available22
ActionRegister
Start DateMon, Sep 18, 2023
Schedule
  • Mon, Sep 18 (self-paced all week)
  • Mon, Sep 25 (self-paced all week)
  • Mon, Oct 2 (self-paced all week)
  • Mon, Oct 9 (self-paced all week)
  • Mon, Oct 16 (self-paced all week)
  • Mon, Oct 23 (self-paced all week)
  • Mon, Oct 30 (self-paced all week)
  • Mon, Nov 6 (self-paced all week)
LocationOnline
Instructor-
Cost$749.00
Seats Available28
ActionRegister
Start DateMon, Jan 22, 2024
Schedule
  • Mon, Jan 22 (self-paced all week)
  • Mon, Jan 29 (self-paced all week)
  • Mon, Feb 5 (self-paced all week)
  • Mon, Feb 12 (self-paced all week)
  • Mon, Feb 19 (self-paced all week)
  • Mon, Feb 26 (self-paced all week)
  • Mon, Mar 4 (self-paced all week)
  • Mon, Mar 11 (self-paced all week)
LocationOnline
Instructor-
Cost$749.00
Seats Available30
ActionRegister

What you will learn

After completing this course, you’ll be able to do the following:

  • Compare the purpose and objectives of financial and management accounting
  • Interpret financial statements
  • Apply financial ratios to drive organizational goals
  • Develop an operating budget
  • Analyze variances in relation to the budget
  • Assess the impact of different types of costs on organizational operations
  • Evaluate the interaction between budget planning, implementation and internal controls
  • Implement financial forecasting methodologies to assist in decision-making
  • Apply financial decision-making to support business decisions

How you will learn and be evaluated

  • Prepare to spend 7–10 hours per week on coursework
  • Expect readings and other assignments on a weekly basis
  • Plan to access the course at least once every few days to keep up with your work and class discussions

You will be evaluated on:

  • Assignments (individual and group)
  • Participation in online discussions

To earn the certificate, complete all courses with a minimum average grade of C.

Learning Materials

Course fees do not include textbooks. We recommend you purchase your textbook as soon as you’ve registered. We will provide additional course materials online.

Recommended text:

Fields, E. The Essentials of Finance and Accounting for Nonfinancial Managers, 3rd Edition. AMACOM, 2016.

Technical Requirements

For online courses, you will need a computer with audio and microphone that is connected to the internet. Canvas is the online system that will be used for the course. For more information and online support, visit Online Learning.