Finance for Decision Makers
It is crucial for managers and leaders to make informed and confident decisions. In organisations, finance and accounting reports are central to many areas of decision-making and can be used as an effective tool for communication, monitoring and resource allocation.
Designed for non-financial professionals, this course provides foundational skills and knowledge in financial and management accounting. It covers the key principles, processes and information provided through financial reports and the practical application of this information irrespective of sector, industry or organisational size..
Program Benefits
This is a contemporary course with theory linked to application which will benefit both individuals and organisations in a variety of ways.
Individual benefits:
- Be more confident in reading financial reports and accounting terminology.
- Know the background of the accounting and financial management within organisations.
- Apply a more informed and strategic perspective in financially focused planning, budgeting, and management.
Organisational benefits:
- Managers and leaders with an enhanced financial capability and strategic perspective
- Better decision-making at manager and team levels.
- An increased appreciation and understanding of the role of financial information in organisational strategic choices.
- Expanded understanding of measuring and evaluating performance against strategic goals.
Key Information
| Dates | Delivery Location | Cost (ex. GST) | Who this is suited to |
|
2 full day modules |
UniSA Business |
2 day course: $1,495
|
Emerging, mid-level and senior business leaders and executives from the private, public and not-for-profit sectors. |
What you can expect
This course will cover the following topics:
- The role and value of financial information in managing an organisation.
- The structure and how to read three key financial statements – the Balance sheet, income statement and cash flow statement.
- Ratio and financial analysis
- Costing behaviours, responsibilities, and principles
- The role and considerations in planning, budget and control and balanced scorecard
Key areas we will consider:
- The nature of accounting, basic accounting concepts and standards.
- The statement of cash flows and analysing cash flows.
- Objectives and approaches to financial analysis.
- Investment condition ratios, profitability and financial condition ratios.
- Working capital management.
- Understanding cost behaviour, including costs in decision analysis.
- Costs across the value chain, controllable and non-controllable costs.
- Cost-volume analysis, break-even analysis
- Product costing principles, activity-based costing, costing in service organisations.
- Planning and control systems.
- Behavioural issues in budgeting.
- Balanced scorecard.
Learning Materials & Catering
- All participants will receive a hard copy workbook upon arrival.
- This course is fully catered including morning tea, lunch, and afternoon tea.
Credit Pathways and Certificate
- You will receive a Certificate of Completion for attending this course.
- You can gain a credit into the Leadership and Management Essentials Program (LME) by successfully completing this course and its assessment.
- The course offers an opportunity for pathways into the UniSA MBA Program through the LME Program.
Learn from the experts
Dr Basil Tucker
Dr Basil Tucker is a Senior Lecturer in Accounting within the School of Commerce, and course co-ordinator of the MBA course, Accounting for Decision Making.
Before joining UniSA, Basil had been a Management Consultant – firstly with an international consulting firm, and then with a South Australian based practice. He has over twelve years consulting experience and has undertaken assignments with more than 120 organisations in Australia, the United Kingdom and the United States. Basil’s career experience also includes working in the not-for-profit, healthcare, media and manufacturing industries.
Dr Tucker has been a member of the Board of Management of several South Australian organisations, is a graduate of the Australian Institute of Company Directors, Company Directors Course, and a CPA.
Basil's research interests include the relationship between management control systems and strategy; management control; the management techniques developed by Ricardo Semler; social network theory; the ways in which academic research engages with practice; and, control and creativity.
Cancellation Policy
The University of South Australia reserves the right to cancel events and issue refunds. In the event that an attendee cannot attend, a substitute is welcome to attend in their place. No refunds will be given unless 21 days notice is given in writing prior to the date of the planned event. If less than 21 days the fee can be used for the same course at a later stage, or another course of the same value.
