A basic understanding of finance is important to any role within an organization, but it is essential for managers who must make daily decisions which impact the bottom line. This course provides a practical introduction to finance and accounting designed to help business professionals better understand financial statements and track financial performance.
Participants who attend this course will be able to:
Define, understand and use common accounting terminology
Understand various transactions and their effect on financial statements
Explain major components of annual reports and the sections within
Read and interpret the three major financial statements: balance sheets, income statements and cash flow statements
Recognize relationships between the three major financial statements
Course runs from 7:45am–12pm. Registration fee includes course materials, campus parking and continental breakfast.
This course is appropriate for anyone with an elementary understanding of financial and accounting principles - no prerequisite courses necessary. This class is suitable for lab and department managers who need to understand and gauge financial statements to monitor success and progress. This course is not designed for experienced financial managers.
David Ravetch has been a UCLA accounting faculty member for over twenty-five years. He has received numerous teaching awards as well as the California Society of Certified Public Accountants Faculty Merit Award.
When Mr. Ravetch first began teaching at UCLA, the school was not yet a major contender for accounting recruitment efforts. Under his direction, UCLA developed course initiatives, expanded offerings and launched an accounting minor, which was the school�s first approved minor. He was named as the director of the undergraduate accounting program by the Anderson School, where he served for seven years. Today, UCLA graduates are heavily recruited by international accounting firms.