February 11, 2020 | 9:00am-4:00pm
From recording the dollar impact of business decisions to the preparation of the resulting financial reports, gain an understanding of the accounting process. Come away with the ability to converse with the finance people intelligently and grasp the all-important numbers side of business. Become familiar with common accounting concepts and buzzwords used by accounting insiders, while also developing a baseline of financial understanding to clear up any confusion.
Are you an UMKC Alumni or KCRAR member? You qualify for a discount!
Finance for Non-Financial Managers Includes:
- The opportunity to work with a subject matter expert to hone your skills
- Course materials
- Event parking
- A light breakfast, coffee, and lunch
What You Will Learn
In this workshop you will gain an understanding of the accounting process, from recording the dollar impact of business decisions to the preparation of the resulting financial reports. You will come away with the ability to converse with the finance people intelligently and grasp the all-important numbers side of business. This workshop will help you become familiar with common accounting concepts and buzzwords used by accounting insiders. You’ll develop a baseline of financial understanding and clear up any confusion between different kinds of financial statements and identify their purpose and relation to each other.
- The accounting equation and the relationship among its components
- The basic accounting principles
- The accounting process: journals and ledgers
- How debits and credits work
- How various business transactions affect financial statements
- Cash accounting versus accrual basis accounting
- The difference between accounting profit and cash flow
- Retained Earnings: the bridge between the Income Statement and the Balance Sheet
- Applying accounting conventions and guidelines
- The purpose of and terminology associated with the key financial statements: Income Statement or Profit and Loss Statement (P&L), Balance Sheet, Statement of Retained Earnings, and Cash Flow Statement
Who Should Attend
This program is designed for both new managers of all backgrounds and established managers with non-finance backgrounds in every functional area of responsibility and in all industries.
About the Instructor
William Kay is an instructor for Bloch Executive Education, and owner of W. Kay & Associates, dedicated to helping organizations and individuals enhance their competitiveness, productivity, and technological performance. For the past 24 years, Bill has specialized in assisting businesses in the quest to improve performance in the areas of strategic planning, finance and accounting, project management, marketing, sales and sales management, and team building following the accelerated learning model for adult learning. Bill’s professional experience includes over 20 years as CEO and owner of a major manufacturing company and the past 24 years helping major Fortune 500 companies and universities with organizational development and training. Bill holds an M.B.A. in Finance and Marketing from the University of Missouri, Columbia, and a B.S. in Business Administration from the University of Arizona, Tucson.
Program DetailsTime, Location, Parking All seminars are held in Bloch Executive Hall. Our address is 5108 Cherry Street, Kansas City, MO 64110. You will be mailed a parking pass for the day of your seminar a week prior to the session. Parking instructions will be included in the mailing. Pre-Course Communication Two weeks before the session, you will receive an email with details including any pre-work assignments (such as short readings or videos that instructors may ask you to complete prior to the session). Meals Light breakfast and coffee will be available at the beginning of the event and lunch will be provided. Photo & Video Policy By attending the event, you are giving the Bloch School of Management permission to use any photos, videos, or images captured on site for future promotional purposes. Cancellation & Transfer Policy Seminar participants (or their organizational representative) should call or email Bloch Executive in order to change or cancel registrations. Cancellations made prior to 7 days from the seminar date are eligible for credit towards a future seminar, but are ineligible for refund. Credit for future seminar is valid through the following seminar year. Seminar registrations may be transferred from individual to another up to 7 days before any elected seminar. Cancellations made within 7 days from the seminar date are non-transferable and non-refundable. Bloch Executive Education reserves the right to make changes to the cancellation policy and transfer policy. The current policies will be posted on our website and will be observed regardless of previous policies or standards. "No-shows" are non-refundable and non-transferrable.
Available Discount Programs
Executive MBA Alumni Pricing If you are a graduate of the Bloch Executive MBA (EMBA) program, you qualify for discounted seminar registration.KCRAR Member Pricing If you are an active member of the Kansas City Regional Association of REALTORS, you qualify for discounted seminar registration. UMKC Alumni Pricing If you are an alumnus of UMKC, you qualify for discounted seminar registration. If any of the above discounts apply to you, please contact us at email@example.com or 816-235-2892 to register for seminars and take advantage of these discounted rates.