Skip Navigation

Finance for Non-Financial Managers

Enhance Your Financial Literacy Skills

This online course explores the accounting and financial concepts to help professionals in non-financial roles become better users of financial information so they can be more strategic contributors to their organization. Participants will learn to understand and analyze financial statements including balance sheets, income statements, and cash flow statements. The emphasis is on revenue and expense recognition, capital expenditures versus operating expenses, and other key accounting concepts. 

Participants will examine internal controls, process improvements, planning, and budgeting. They will also learn about and apply financial tools to help make better decisions and improve profitability.  Other topics include strategic planning and budgeting, financial reporting, and analysis needed to make informed business decisions.  Through a combination of discussion, lecture, review of financial data, and illustrative exercises, students will gain basic financial skills needed to be effective in their respective roles within the business world.

Who Should Attend

  • Non-Financial Executives/Leaders
  • Operations Managers
  • Human Resource Professionals
  • Marketing Professionals
  • Engineering Managers

What you will learn

Upon completion of this course you will be able to:

  • Describe how the use of financial information helps managers make informed business decisions
  • Review key financial statements: Balance Sheet, Income Statement, and Statement of Cash Flow
  • Identify important financial reporting concepts
  • Explain financial internal controls and how they mitigate the risk of financial fraud of a business organization
  • Analyze financial and operating data using ratios, benchmarks, and other key performance indicators
  • Summarize the strategic planning process and show how it relates to operating budgets




SHRM Recertification Opportunity

The School of Professional Development at Stony Brook University is recognized by the Society for Human Resource Management to offer Professional Development Credits (PDC) for SHRM-CP® or SHRM-SCP® recertification activities.

This course is valid for 35 PDCs toward SHRM-CP and SHRM-SCP recertification.

SHRM Recertification Provide 2022