# Finance and Accounting for Non-Financial Managers
**Source**: https://business.rice.edu/executive-education/open-enrollment-programs/finance-and-accounting-non-financial-managers
**Parent**: https://business.rice.edu/
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##### Have a Question?
### [Lauren Maghsoudi](https://business.rice.edu/person/lauren-maghsoudi)
Assistant Director, Open Enrollment Programs
[Email](#)
### [Zoran Perunovic](https://business.rice.edu/person/zoran-perunovic)
Senior Director, Executive Education
[713-348-3720](tel:713-348-3720)
[Email](#)
## Executive Finance Course For Non-Finance Managers
### Upcoming Dates and Tuition:
May 4-7, 2026
8:30am-4:30pm daily
Tuition: $6,500
### Overview
Possessing the ability to make sound financial decisions is critical for any executive. Through our Finance and Accounting for Non-Financial Managers program, you’ll gain a better understanding of financial statements, key performance indicators, and financial reporting – knowledge you need to fully understand how financial data and reporting impacts management decisions and strategy. Designed for non-financial managers or those seeking to refresh their skills, this four-day intensive course equips you to understand the language of finance and accounting so you can confidently take your seat at the leadership table.
[Spring 2026- Registration](https://execed.rice.edu/finance-accounting-may-2026)
## Interested in Executive Education?
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###
> The course introduces concepts, terms and practices that are useful for executives. The program will spark thought.
>
> #### David Price, United Petroleum Transports
>
> Finance and Accounting Program
### Who Should Attend
Non-financial managers who make business decisions that impact their organization's financial results or are impacted by their organization's financial models
### Program Takeaways
- Learn the critical concepts, terms and components of finance and accounting
- Understand each of the three major financial statements and the interrelatedness of these statements
- Develop ability to identify what metric companies are being measured on and its meaning
- Learn how to assess the financial standing of your business unit or organization
- Learn various financial strategies related to specific business models and how to benchmark performance
- Develop ability to determine cost of capital and equity
- Understand evaluation of capital investment options and capital investment decisions
- Understand stockholder equity, including the effects of stock options and repurchases
- Recognize financial manipulation
- Make informed business decisions and gain more leadership credibility
### Program Schedule
AM Session
PM Session
#### DAY ONE: Introduction to Financial Reporting
**Transaction Analysis and Financial Statement**
- Understanding the balance sheet and income statement
- Interrelation between financial statements
**Interpreting the Cash Flow Statement**
- Understanding cash flows
- Calculating free cash flows
- Detecting financial misreporting
#### DAY TWO: Financial Statement Analysis
**Evaluating Revenues and Inventory**
- Revenue Recognition
- Inventory Management
**Understanding Financial Ratios**
- Dupont Analysis
- Understanding Stock based compensation
#### DAY THREE: Financial decision-making
**Finance Fundamentals**
- Goals of financial management
- Foundations of valuation: time value of money
- Financial decision tools for maximizing firm value
**Project selection**
- Troubleshooting investment decisions
- Capital budgeting: harnessing financial statements
- Estimating cash flows: operating cash flows
#### DAY FOUR: Financial decision-making
**Discounted cash flow-based decision-making**
- Estimating cash flows: capital expenditures and working capital
- Don’t be fooled: Relevant vs. irrelevant cash flows
- Applications and cases
**Cost of capital**
- Financing the firm
- Cost of equity and debt
- Weighted average cost of capital
- Tying it together: synthesis case
### Hear From Our Faculty
Before you step into the classroom, get to know some of our faculty on the award-winning Rice Business podcast, [Owl Have You Know](https://business.rice.edu/podcast).
## Meet Your Professors
### [Brian Rountree](https://business.rice.edu/person/brian-rountree)
Associate Professor of Accounting\
Accounting Area Coordinator
Department
[Faculty](https://business.rice.edu/directory?field_departments_target_id=1926)
Office
McNair Hall 340
Contact
[713-348-5328](tel:713-348-5328)
[Email](#)
### [Alexander Butler](https://business.rice.edu/person/alexander-butler)
Jesse H. Jones Professor of Finance
Department
[Faculty](https://business.rice.edu/directory?field_departments_target_id=1926)
Office
McNair Hall 357
Contact
[713-348-6341](tel:713-348-6341)
[Email](#)
### Rice Business Wisdom
Rice Business Wisdom is our online ideas magazine that features faculty research.
Investing | Peer-Reviewed Research
### [Rising Tide](https://business.rice.edu/wisdom/peer-reviewed-research/how-does-ipo-affect-your-community)
How does an IPO affect your community?
Based on research by Alexander Butler
Investing | Peer-Reviewed Research
### [Devil In The Details](https://business.rice.edu/wisdom/peer-reviewed-research/can-few-details-transform-your-earnings-forecast)
Can A Few Details Transform Your Earnings Forecast?
Based on research by Professor Brian Rountree
Finance | Peer-Reviewed Research
### [Cash Crop](https://business.rice.edu/wisdom/peer-reviewed-research/how-swath-midwestern-cornfields-explains-effect-finance-economic)
How A Swath Of Midwestern Cornfields Explains The Effect Of Finance On Economic Growth
Based on research by Professor Alexander Butler
[See All](https://business.rice.edu/wisdom)
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##### Have a Question?
### [Lauren Maghsoudi](https://business.rice.edu/person/lauren-maghsoudi)
Assistant Director, Open Enrollment Programs
[Email](#)
### [Zoran Perunovic](https://business.rice.edu/person/zoran-perunovic)
Senior Director, Executive Education
[713-348-3720](tel:713-348-3720)
[Email](#)