MB 6200 - Finance and Accounting

• Describe the financial theories and markets that have greatest applicability and relevance to an organization
• Describe the basic financial decisions confronting organizations
• Describe relevant data, data sources, data access techniques, and reporting practices within a given organization
• Describe how the data included in financial statements is acquired, stored, and reported within the organization
• Compare the accounting methods utilized in the public and private sectors
• Interpret an organization’s financial statements and identify strengths and challenges
• Identify strategies for improving an organization’s financial position
• Interpret the three key financial statements used by most organizations
• Demonstrate an ability to perform an objective evaluation of an organization
• Produce an analysis of various organizations based on financial data
• Evaluate spending proposals utilizing financial tools and techniques
• Monitor and report resource expenditures against budget.
• Develop a monitoring plan to assess progress toward strategic targets for a location
• Work with staff to define annual budget needs for location
• Assess alignment of annual organization budget with strategic priorities
• Describe the key elements of a persuasive presentation.  In this context, students will explore the development of a budget that is grounded in the organization vision/mission and improvement plan, and develop a presentation to gain stakeholder support and approval
• Produce a detailed annual budget for a given organization or proposed initiative
• Prepare and propose an annual organization budget that supports the strategic targets

• None