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Financial Governance for Non-Financial Leaders Certificate Program (Upcoming Live Program)

Date: May 11th to June 22nd (6-week course)
Location
: Online
Time: 1:00pm - 2:30pm (ET), every Wednesday

Financial Governance for Non-Financial Leaders was designed to explain essential financial concepts to leaders and executives, from all organizations and sectors, who don’t have an accounting or finance background (non-accountants!)

Over 6 weekly live (online) sessions we will guide you through the maze of financial accounting; navigating its principles and using case studies of well-known companies’ financial reports, such as WE Charity and Lehman Brothers. Where did they go wrong?  Where were their red flags?  What can we learn – and therefore hopefully avoid their pain?

Financial governance is about risk and materiality

This course will help you discern what is material from what isn’t, and connect understanding strategic business risks to examining financial reports. 
How can we be more confident in the financial integrity and health of the organization? Practice with others, using financial reports from companies that have been in the headlines.

Financial governance is about learning from others’ mistakes

You’ll learn from organizations that have made recent headlines, such as WE Charity and Lehman Brothers – and from some of the world’s greatest accounting scandals. Week by week, you will journey through the maze of financial accounting, navigating its principles, and using well-known companies’ financial reports to fully understand financial governance.


You don’t need to have finance background or be an
accounting 
to understand financial reports!
Watch this video!

 

Schedule:

Week 1
| May 11th
How to identify risks in financial transactions between affiliates and related parties. 
Case Study: WE Charity

Week 2 | May 18th
How to recognize early red flags that signal insolvency risk. 
Case Study: Laurentian University 

Week 3 | May 25th
How to identify material management estimates that can overstate assets and understate expenses (overstating reported profits). 
Case Study: WorldCom

Week 4 | June 1st
The importance of capital and liquidity cushions to absorb unexpected losses, like from volatile markets. 
Case Study: Lehman Brothers

Week 5 | June 8th
Companies have to take dramatic steps to survive an emergency. What are the accounting effects of these? 
Case Study: Air Canada

Week 6 | June 22nd
How to detect – and mitigate the risks of – accounting fraud. 
Case Study: Wirecard


Where do you fall on the financial literacy spectrum?

There are 5 levels of financial literacy:

Level 1 - Knowledge of mathematics
Level 2 - Knowledge of basic statements 
Level 3 - Knowledge of the Notes, Cash Flow Statement and MD&A
Level 4 - Knowledge of the assumptions behind the financial statements
Level 5 - Knowledge of GAAP and Auditing 

This program is aimed at an audience that is at level 3 and beyond.

Worried you’ll miss a session?

Replay videos, as well as supplemental handouts and presentations, are available via your materials page for a minimum of one year!

 

Cancellation Policy: The registration fee is non-refundable for cancellations made less than 30 days prior to the program’s first live session. In this case, you may either transfer your registration fee, once, to a similarly priced seminar future training course, or arrange for a substitute person to attend. Those who do not cancel and do not attend are responsible for the full registration fee. Governance Solutions reserves the right to cancel or reschedule and will give notice in advance.