STRATEGIC FINANCIAL DECISION MAKING

Catalog description

This course provides the student with a clear understanding of how accounting data is used to communicate financial information to those outside the business unit and the organization and to upper level management. Students learn to evaluate financial issues and become thoroughly familiar with the concepts and mechanics of the balance sheet, income statement, and statement of cash flows. Course emphasis is on using financial data as an effective tool for decision making. Students learn how to present project proposals, financial data, capital plans capital requests, and strategic plans to upper level management. (3 credits)