Executive Education

Financial Analysis to Improve Business Cases & Decisions

This 2 day course is part of the 3 day Financial Management Certificate and the 12 day Management Essentials Program. While the course is designed to be independent in nature, please consider whether maximum value can be obtained by taking it as part of a broader program.

Program Overview

Managers are regularly required to make tough decisions that impact an organization’s financial outcomes. Using financial analysis can help managers to predict and evaluate financial performance, offering greater confidence in making the right business decisions. Through this class, participants will learn how financial analysis can be used to determine expected outcomes and identify when performance is off track. The focus of the class is using this understanding to enhance decision-making across common business challenges. Participants will work through relevant cases and a group simulation game in considering whether to:

  • Discontinue a product offering
  • Outsource an activity
  • Respond to risks or variances in a budget 
  • Invest capital in a project 

Learning Outcomes

Through this class participants will:

  • Calculate break even and target sales volume 
  • Address the question of how truly profitable a project, product line or product item actually is
  • Understand the budget process, as you distinguish between, and use different methods of budgeting and forecasting
  • Assess budget accuracy and prepare various scenarios based on the sensitivities of budget assumptions
  • Explore current non-traditional budget processes including zero based budgeting, flexible budgeting, results/performance based budgeting and beyond budgeting
  • Understand the concept of relevant costing when considering decision on in-house vs. contract out and special-order scenarios
  • Present the financial analysis in a business case that links to the entity’s business strategy 
  • Evaluate and justify capital investments

Who Should Attend?

  • Mid-level to senior managers in non-financial areas
  • Small business owners and entrepreneurs needing a refresher on managerial accounting tools and concepts

Instructors

Frank Saccucci  //  MBA, BComm

Franco (Frank) Saccucci holds an academic position as a continuing faculty member at MacEwan University as well as an adjunct lecturer position with Executive Education at the University of Alberta. Prior to being an educator, his professional experience included public auditing, management consulting and commercial banking. He has authored a number of published articles as well as made presentations in the U.S., Europe and throughout Canada. His wide range of professional and academic work experience allows him to bring forward true and relevant examples to further illustrate the content of the seminar. He is a much sought-after speaker and is well known for his ability to deliver complex material in a direct, relevant, simple and “digestible” manner. He brings energy, enthusiasm and the ability to encourage appropriate participation in each seminar.