Accounting in Your Organization

Accounting in Your Organization Program Objective
Formerly called Basic Accounting, this program provides an overview of accounting with a focus on the needs of managers. It is designed to look at both for-profit and not-for-profit organizations who want to achieve great accounting systems that will help them solve problems, control resources and thrive in a changing environment.



Role of Accounting


  • The role of accounting in organizations
  • Understanding accounting to help you manage better


First Steps: Recording Events


  • Analyze how transactions (receipt of cash, paying expenses, buying assets) affect financial statements


Preparing Basic Statements


  • Look at how income statements, balance sheets and cash flow statements are prepared


Understand Cost Behavior


  • Learn how a growing business affects the cost of doing business
  • Discover which costs are fixed and which are variable


Preparing Operational Budgets


  • Understand how most organizations budget and how that process can be improved
  • Learn how to prepare a budget more responsive to organizational changes


Preparing Capital Budgets


  • Learn how interest rates affect long-range decisions
  • How to choose between renting or buying


Analyzing Results: Ratio Analysis


  • Analyze your organization's ability to survive and grow by looking at financial ratios


Managing Cash and Working Capital


  • How to use accounting skills to manage what might be your most important resources


Internal Control and Internal Auditing


  • Learn how to protect your organization's resources


Accounting in Dynamic Organizations


  • Discover what works


Instructors


  • Mr. David Euler
    Mr. Euler is the president and CEO of Southwest Funding Group, Inc., a real estate investment company. He analyzes investment properties, projects cash flows and negotiates transactions on behalf of the corporation. He began his career as an engineer and project manager, with a total of 18 years in the aerospace industry.


  • Dr. Leslie Oakes, is an Associate Professor of Accounting at the Anderson School of Management. She is doing research on the social role of accounting, accounting for nonprofit organizations and the history of accounting. She has consulted and taught courses on performance evaluation, cost-benefit analysis, and economic measurement issues and is on the editorial review boards of two journals, Critical Perspectives on Accounting and The Accounting Forum.