Financial Analysis for Measuring Performance and Decision Making

In today’s fast-paced and rapidly changing business world, every leader – and really, every employee – is responsible for managing the bottom line and driving success. To do that well, you have to clearly understand how to manage costs and identify other factors that significantly impact profitability. Additionally, you must understand, evaluate, and often define successful financial performance that drives overall desired results.

November 11-12, 2019
OR
May 12-13, 2020
8:30 a.m. – 4:30 p.m.

Cost: $1,695* and includes all class materials, breakfast, lunch and refreshments.
Certificates will be awarded based on successful completion of the 2-day in-person training.

* A 20 percent discount will be given to companies that enroll two or more employees.
* A 10 percent discount will be given to TCU staff/faculty/alumni, U.S. veterans

Who Should Attend?

Experienced managers in non-financial roles who want to learn how to:

  • identify key changes in operations that significantly contribute to improving the profitability of the organization
  • present recommendations for improved profitability in a way upper management will understand and accept

What You Will Learn

Participants will take away a better understanding of key concepts and terms and gain practical insights into how financial information is used for decision making. Participants will leave the course with the ability to:

  • identify how different types of costs impact financial performance
  • appropriately manage costs to improve profitability
  • project the profitability of business decisions
  • prepare a department or company-wide budget
  • implement appropriate ways to measure financial performance
  • evaluate performance of various segments of the business

How You Will Benefit

Participants will understand how minor changes in costs can significantly increase profitability. A strong understanding of cost analysis, budgets, and performance evaluation will provide the skills required to make an impact on the success of your organization that executive management will notice.

Topics

  • Cost behavior and factors that influence costs
  • Cost-Volume-Profit Analysis 
  • Cost Allocation
  • Projected profitability and analysis of operating decisions
  • Evaluating Return on Investment (ROI)
  • Cash Flow Analysis
  • Budgeting 
  • Segment Performance Evaluation
  • Structuring Incentives for Improved Performance

Faculty Leaders

Janice Cobb
Instructor, Accounting

Janice Cobb has been teaching at the TCU Neeley School of Business since 1997. She teaches a broad range of classes related to financial and managerial accounting to undergraduate and graduate students as well as various executive education courses. She was awarded the Texas Society of Certified Public Accountants' Outstanding Educator Award in 2007, Dean's Teaching Award in 2011, TCU Neeley School's Innovative Teaching Award in 2015, Effective Teach Award in 2017, as well as receiving several other teaching awards while at TCU. She is the author of Financial Accounting is NOT that Hard! and Managerial Accounting: Do the Job, Make the Decision. Prior to coming to TCU, Janice managed cost reimbursable contracts at Lockheed Corporation, worked as an auditor for a large public accounting firm, served as compliance officer and controller for a fast-growing hedge fund, and served in the positions of corporate controller of a public company and chief financial officer of a privately held distribution company. Janice relies on her experiences to center the course on practical activities that build skills. She earned a BBA in management, an MBA and a Doctorate of Higher Education Leadership (emphasis on incorporating critical thinking into courses) all from TCU. 

Please contact:

Kalyn McKittrick

Director of Marketing and Engagement 
k.mckittrick@tcu.edu
817-257-4689