Becoming An Effective Manager: Business Acumen - Finance

Companies have a wealth of resources available to them in order to ensure sustained financial stability. Appropriately understanding and utilizing accounting, finance, and economics helps leaders make educated and forward-thinking business decisions to impact an organization’s bottom line. It is important for managers to gain knowledge in these areas in order to drive success for their teams and employers. This training lesson helps managers learn to contribute to company goals, as well as create sound business plans using relevant data.

Expenses, revenues, and capital, which are key metrics for evaluating corporate health, are tracked via accounting. Understanding finances is important for analyzing your company’s past and present, and for planning for its future. This course helps make managers aware of how fiscal projections can be shaped by external, or economic, forces. This course gives managers a comprehensive overview on these topics, as well as examples of key financial terms and critical financial 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 contribute to, or help ensure, that success. Utilize the information presented in this management 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.

Anyone in leadership or anyone looking to move into a leadership role

• Introduction
• Accounting
• Finance
• Economics
• Summary

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