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Course Description
This online course is 18 learning hours over six weeks. It is recommended that students spend a minimum of 3 hours each week on coursework. Students may choose to complete more hours of work on the course in order to explore the content in more depth.
This course is a practical introduction to financial and accounting concepts that will equip you to make decisions based on financial information as a leader of an organization. Participants will learn to interpret and apply financial information for short, medium, and long-term decisions. Through case studies involving real organizations, participants will explore important financial information and decision-making factors. With assessments throughout the course, you will be able to apply what you learn to decisions you face in your organization.
Course Outline
Topics and concepts you will study in the course include the following:
- Using Financial Information for Decision-Making
- Introduction to Financial Statements
- What Financial Statements Tell You About an Organization
- Introduction to Budgeting
- Building a Useful and User-Friendly Budget
- Using a Budget for Daily Decision-Making
- Ratios for Financial Decision-Making
- Developing Analytical Tools for Financial Decision-Making
What You Will Learn
- You will learn to NOT be afraid of financial information and financial processes.
- You will learn to understand the story that financial information tells about an organization.
- You will learn how to use key financial information to guide your decision-making as an organizational leader.
Notes
The Faculty of Open Learning & Career Development recommends an intermediate level of English language proficiency for the most effective learning and participation in our online and face-to-face courses. A list of minimum recommended scores on some common English tests can be found on our website. If you have questions about your English language proficiency and ability to succeed in this course, please contact openlearning@dal.ca.Recommended For
This course is recommended for:
- Managers in public sector organizations, such as fire departments, police departments, and municipalities.
- Aspiring, new and current leaders or managers who need to understand and use financial information to make decisions in their organizations.
- Current leaders or managers who are not comfortable discussing and interpreting their organization’s financial information.
- Current leaders or managers who would like a refresher on how to use their organization’s financial information for decision-making.
Applies Towards the Following Certificates
- Diploma in General Fire Leadership : Required - Certificate in General Fire Service Administration
- Certificate in Finance and Risk Management : Required
- Certificate in Finance and Risk Management for Local Government : Required
- Fire Officer III Certification Track : Required
- Certificate in General Fire Service Administration : Required
- Certificate in Police Leadership : Elective
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Craig Drover has extensive experience in the public and private sectors and is currently the Director of Corporate Services for a provincial government agency in Newfoundland and Labrador. He is a part-time instructor in the Business Management faculty at the College of the North Atlantic in St. John's. He holds an MBA from Memorial University and is also a Chartered Professional Accountant.