Finance for the Non-Financial Manager
Who Should Attend
Non-financial managers and executives who want to improve their ability to work with financial and accounting information and improve their decision-making skills.
Upcoming Sessions
- Mar 4 to Mar 9, 2012
- $8,900*
- May 13 to May 18, 2012
- $8,900*
- Sep 16 to Sep 21, 2012
- $8,900*
- Mar 3 to Mar 8, 2013
- $8,900*
- May 12 to May 17, 2013
- $8,900*
- Sep 22 to Sep 27, 2013
- $8,900*
Accommodations and meals included
Discounts for Charitable Organizations
*Fees do not include HST
Be notified of new dates and content in this subject area
Using Financial Tools To Make Better Business Decisions
This 5-day program will enable you to make better business decisions. Our experienced faculty will de-mystify financial statements and a variety of financial and accounting tools, giving you an increased understanding of how these concepts can be used in measurement, evaluation and decision-making.
Session leaders present these issues in a straightforward and engaging format making complex financial concepts easy to understand.
This program may be taken as one of the requirements for Queen’s Executive Certificate in Strategic Financial Integration.
Learn more>>
In this program you will learn to:
- Interpret financial reports
- Use financial tools to make better business decisions
- Engage in more productive communication with financial managers
- Understand the financial impact of business decisions
Practical and relevant content delivered by exceptional speakers, and a commitment to unrivaled customer service, have made Queen's Finance for the Non-Financial Manager the most popular program of its kind in Canada.
Program Content
Finance for the Non-Financial Manager will help you make better management decisions by improving your financial skills and providing proven financial tools for measurement and evaluation. Session leaders have broad experience in industry and years of executive development experience.
The program leverages the educational power of multiple teaching tools including: classroom seminars and discussions; case studies; group interactions; and one-on-one coaching.
Call toll free
1.888.393.2338
- Find more information in the Queen's Finance for non-financial manager Brochure
The program is built around four themes:
1. Interpreting Financial Reports
Deciphering key financial and accounting statements.
- Understanding the essentials of accrual accounting
- Learning how to read financial statements such as balance sheets, income statements, cash flow statements, and statements of retained earnings
- Understanding financial concepts such as depreciation, sunk costs, retained earnings, and goodwill
- Interpreting cash flow patterns and recognizing trends in financial performance
2. Using Financial Tools To Make Better Business Decisions
Assessing your organization’s health and evaluate future direction.
- Assessing working capital requirements
- Using financial ratios to improve liquidity, profitability, capital structure and asset utilization
- Applying the principles of Activity Based Costing and Target Costing to your operations
- Employing sensitivity analysis, break-even analysis, keep/drop analysis, and scenario analysis to improve decision-making
- Calculating the value of a business
3. Analyzing Business Investments
Making more effective decisions on capital expenses, capital budgeting, and funding new initiatives.
- Deciding how to finance operations
- Appraising investment opportunities and ranking capital investment alternatives
- Using financial tools such as Net Present Value (NPV), Internal Rate of Return (IRR), nominal and discounted payback, and Return on Assets (ROA) to evaluate capital investment opportunities
- Understanding how to use Discounted Cash Flow (DCF), Economic Value Added (EVA), and Cash Value Added (CVA) for operating decisions
4. Developing a Financial Strategy
Understanding the link between finance and business strategy.
- Understanding how financial analysis fits into the broader decision-making framework
- Reviewing alternate sources and forms of financing
- Creating competitive advantage through tax planning
- Using financial instruments such as swaps, forwards, futures, options and derivatives
- Assessing the financial health of competitors
Make Better Business Decisions
The program will provide you with an understanding of accounting and financial concepts, and the tools with which to make better business decisions. This will enhance your management effectiveness and increase your value to the organization.
- Improve your decision-making skills by integrating financial management concepts into your thinking
- Become conversant with financial statements to better understand how business decision outcomes are reflected in your organization’s financial reports
- Improve your communication with financial managers within your organization and learn how to ask the right questions
- Heighten your financial insights into many business issues such as investments, lease/buy options, investor relations, and financial risk management
- Learn how to go beyond accounting figures to demonstrate your unit’s real economic performance and potential
- Network with a group of experienced managers from a variety of industries and functions
- Learn how to lead a healthy and balanced life through the program's optional Lifestyle Component
Make a significant impact on your organization’s financial performance
- Use proven financial management tools to improve operating performance
- Improve the evaluation and justification process for capital spending proposals
- Increase managerial collaboration on business planning and decision-making
- Make more effective and profitable use of cash resources
- Use financial management tools to make more informed decisions on product discontinuations, product launches, outsourcing, and organizational restructuring
Outstanding Session Leaders
Session leaders include senior professors from Queen’s School of Business and knowledgeable experts from industry. These outstanding teachers are constantly in touch with today’s business world through real-world business experience, Board memberships and their own consulting practices.

Dr. Tony Dimnik - Management Accounting and Control,
Queen's School of Business

Dr. Clinton Free - Financial Management,
Queen's School of Business

Dr. Louis Gagnon - Finance, Queen's School of Business

Mr. John Moore - Financial Accounting,
Queen's School of Business

Dr. Dan Thornton - Financial Accounting,
Queen's School of Business
Dan Thornton has a distinguished record in research, teaching, and service to the accounting profession. He recently finished a four-year stint as a voting member of the Accounting Standards Board, which sets Canada’s financial accounting standards. In 2000-2001 he was Canada’s first Professional Accounting Fellow at the Securities and Exchange Commission in Washington, DC. In Canada, he serves periodically as an expert accounting witness for the Department of Justice and recently for the Canadian Senate. He recently completed a three-year term as associate editor of The Accounting Review.
Session Leaders are subject to change.
