Financial Intelligence for Non-Financial Managers
Who is the course for?
This course is for leaders, managers and business owners who want to learn the practical skill of financial analysis using various financial instruments.
Skill Level
Intermediate
Time Commitment
Weekly Time Committment
60 Minutes/Week
Duration
5 Weeks
Leader Behaviors
This course strengthens your skills in the following leader behaviors:
- Communicates
- Diagnose Needs
- Pursues Self-Development
Course Overview
In today’s corporate world, a basic working knowledge of financial statements and calculations is necessary to make sound decisions about all aspects of a business. In this course, you learn to quantify your department’s contribution to the organization—and your own. We will not only explore the different statements and terms needed to understand the financial health of your organization, but we will also run simulations that will help you to put these learned skills into practice.
Completing this course will help you:
- Identify the purpose and benefits of budgeting, planning, and income statements.
- Apply financial intelligence concepts about income statements, balance sheets, and cash flow statements.
- Recognize the purpose and benefits of balance sheet and cash flow statements.
- Interpret an organization’s 10-K, ROI and ROA.
Learning Path
Session 1 - Financial Intelligence Foundations
As leaders, it is important to understand the basic concepts of financial intelligence. We will explore the use of an income statement, a balance sheet, and a cash flow statement for non-financial leaders.
Virtual Session (30 minutes) + Online Journal (15 minutes) + Activity (15 minutes)
Session 2 - The Balance Sheet
In this session, we will establish a basic balance sheet as well as identify several key terms that are essential for financial intelligence.
Virtual Session (30 minutes) + Online Journal (15 minutes) + Activity (15 minutes)
Session 3 - The Income Statement
During this session, we will track the organization’s sales and complete an income statement. We will also establish working definitions for retained earnings, accounts payable, accounts receivable, and labor expenses.
Virtual Session (30 minutes) + Online Journal (15 minutes) + Activity (15 minutes)
Session 4 - The Cash Flow Statement
In this session, we will identify the purpose and uses of a cash flow statement.
Virtual Session (30 minutes) + Online Journal (15 minutes) + Activity (15 minutes)
Session 5 - 10-K, ROI, and ROA
This session is designed to bring everything we have learned so far in this course together. We will explore how to read an organization’s 10-K (quarterly statements) and why tracking ROI (return on investment) and ROA (return on assets) is important.
Virtual Session (30 minutes) + Online Journal (15 minutes) + Activity (15 minutes)
Leader Behaviors
This course strengthens your skills in the following leader behaviors:
- Communicates
- Diagnose Needs
- Pursues Self-Development
Why people choose LEL for Leadership Development
The insights from this course have changed how I approach leadership. I now feel equipped to handle challenges more effectively and inspire my team every day.
An invaluable experience! The practical strategies and hands-on exercises helped me build strong leadership skills that I apply daily in my role.
Frequently asked questions
What is financial intelligence for non-financial managers?
It is a working grasp of the numbers that run a business: enough to read the main financial statements, understand key terms, and make sound decisions without being an accountant.
What financial statements does the course teach?
The income statement, the balance sheet, and the cash flow statement, each in its own session, plus how to read a 10-K and why ROI and return on assets matter.
Is this course suitable for someone with no finance background?
Yes. It is built for leaders, managers, and business owners with limited financial training, and it uses simulations so you practice rather than just listen.
How will this help me at work?
You will be able to quantify your team’s contribution, read the financial health of the business, and make and defend decisions with numbers.
How long is the course?
Five weekly live sessions of about an hour each, facilitator-led, building from the basics to 10-K, ROI, and ROA.
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100% of program profits support March of Dimes.