After completing this course, you should be able to: Chapter 1 Recognize how costs and revenues affect Cost-Volume-Profit (CVP) analysis; Compute break-even levels for various scenarios; and Recognize the margin of safety and cash break-even point. Chapter 2 Recognize the time value of money and how it affects financial decisions; and Calculate the present value of future payments. Chapter 3 Recognize the purpose and use of the capital budget; Calculate investment payback periods; Recognize the use for the internal rate of return (IRR) calculations; and Identify the best methods for making long-range investment decisions. Chapter 4 Recognize a comprehensive set of financial ratios and interpret them; and Recognize the operating cycle of a business. Chapter 5 Recognize different characteristics relating to a firm's quality of earnings; Identify the relationships between auditing and internal controls; Recognize why standard costing is important it is for managerial control; Distinguish among three types of responsibility centers and how they are evaluated; Calculate different types of variances for manufacturing costs; Recognize the managerial significance of these variances; and Identify the need for a flexible budget. Chapter 6 Recognize how to calculate different variances for the price, volume, and sales mix. Chapter 7 Compute return on investment (ROI) by means of the Du Pont formula and show how changes in sales, expenses, and assets affect the investment center's performance; Calculate the residual income (RI) and profit margin based on ROI; and Identify how ROI and RI measures affect the division's investment decision. Chapter 8 Recognize aspects affecting cash management and working capital; Recognize ways to improve profitability by changes to accounts receivable; and Identify how changes in inventory carrying costs affect the organization. Chapter 9 Recognize accounting aspects and terms for an investment portfolio; Identify ways to compare risk versus return; Recognize tools for fundamental and technical analysis; and Recognize the benefits of portfolio theory with regard to investment decisions. Chapter 10 Compute the cost of capital; and Distinguish between short-term, intermediate-term, and long-term financing sources. Chapter 11 Identify different types of mergers; and Recognize ways to acquire another business. Chapter 12 Recognize the objectives of forecasts; Identify different types of qualitative and quantitative forecasting methods; and Recognize quantitative forecasting models and techniques. Chapter 13 Recognize assumptions of forecasting with the percent-of-sales method; Identify major steps in budgeting and financial planning; Identify the requirements of zero-base budgeting; and Recognize the value of the Lagged Regression Approach and Markov model in evaluating collection and bad debt. Chapter 14 Identify reasons for corporate modeling; Recognize components of an integrated planning model; and Recognize the application and uses of financial models. Chapter 15 Recognize techniques for optimization including linear programming; Differentiate between methods of optimization; Recognize the disadvantages of optimization models; Recognize uses and variables for the bankruptcy prediction model; and Identify the purpose of executive management games.

Break-Even and Contribution Margin Analysis Understanding and Applying the Time Value of Money Concept How to Assess Capital Expenditure Proposals for Strategic Decision Making Analyzing Financial Statements for Financial Fitness Analyzing Quality of Earnings and Using Variance Analysis for Cost Control Analysis of Segmental performance and Profit Variance Evaluating Divisional Performance Analyzing Working Capital Corporate Investments Obtaining Funds: Short-Term and Long-Term Financing Analyzing Mergers and Acquisitions Forecasting and Financial Planning Financial Forecasting and Budgeting Tools How to Use Corporate Planning Models Optimization Techniques, Financial Modeling and Executive Training