description: Finance and Accounting for the Non-Financial Manager(16 lectures, 45 minutes/lecture)Course No. 533In 1494, a Franciscan monk and professor of sacred theology in Venice wrote the first textbook of modern accounting. Five centuries later, businesspeople the world over, American or Italian, Japanese or Nigerian, still speak the fundamental language of business created by Luca Pacioli. Investors, business owners, and managers have always had a deep need to become fluent in the lexicon of accounting and finance. Understanding the Language of Profit Is Now Essential But as firms catch the wave of open-book and profit-share management, everyone who works at these firms now needs to become proficient in the language of profit. If you are in any of these groups, there are key concepts you need to understand, including: income statements balance sheets cash flow analysis net present value debt-to-equity ratios the vast differences between profits and cash the host of financial measurements that constitute the bottom line. Accessible, Useful, and Fun to Learn This course is designed to teach you those concepts in a way that is accessible, immediately useful, interesting, and—in the hands of teacher Jules Schwartz—even fun.
title: Finance and Accounting for the Non-Financial Manager