Class Central is learner-supported. When you buy through links on our site, we may earn an affiliate commission.

LinkedIn Learning

Finance for Non-Financial Managers

via LinkedIn Learning


Get a basic understanding of financial management, sufficient to interpret reports, draft budgets, cost products, and make informed financial decisions.

If you're looking to grow your career and take on greater responsibility within your organization, you'll need to demonstrate a basic understanding of financial management—even if you're not in a financial role. You don't have to be a numbers person! You just have to appreciate their role in business. In this course, accounting professor Jim Stice helps you develop the financial acumen necessary to interpret financial reports and make decisions based on available data, manage inventory and receivables, create an accurate budget, and cost a product or service. Plus, learn how to analyze your customers, understand your income taxes, and communicate your contribution to the bottom line.


  • How to make wiser business decisions
  • Don't fear the numbers
1. Finance and Accounting Basics
  • The purpose of finance
  • Entrepreneurs, investors, and facilitators
  • What is accounting?
2. Most Common Financial Reports
  • Overview of the financial statements
  • What to look for in a balance sheet
  • Overview of the income statement
  • Interpreting the statement of cash flows
3. Techniques for Using Financial Reports
  • What is financial ratio analysis?
  • Calculating return on equity
  • A deeper look at the DuPont framework's three components
  • The DuPont framework: Ford and General Motors
  • What is the next step in the analysis?
4. Short-Term Financial Management
  • Managing cash through the operating cycle
  • Strategies for cash management
  • Managing receivables and inventory
5. Costing a Product or Service
  • Considering all of your costs: Fixed, variable, and the contribution margin
  • How to calculate your break-even point
6. Creating a Budget
  • Drafting a budget
  • Review of the budgeting steps
7. Income Tax Basics
  • Understanding income taxes
  • Tax brackets
  • Tax deductions and tax credits
  • Next steps

Taught by

Jim Stice and Kay Stice

Related Courses


Start your review of Finance for Non-Financial Managers

Never Stop Learning!

Get personalized course recommendations, track subjects and courses with reminders, and more.

Sign up for free