The Prime Finance curriculum has been designed to demystify finance and to remove financial phobias. Learners will be able to present and negotiate their case for project or departmental budgets, and justify and defend their performance in terms that senior management will relate to and accept. They will be able to apply key financial terms and indices to evaluate the performance of their project, profit center or cost center, as well as that of their organization. They will also be able to develop and evaluate project proposals as part of a capital budgeting process. In effect, the curriculum is designed to support managers who want to break through the financial 'glass ceiling' and progress in their managerial careers.
The curriculum is based on original content developed by PrimeLearning.com, a leading provider of eLearning solutions for professionals in the workplace.
At a Glance
Certification: PDU Credits: 20 PDUs
Skill Level: Entry & intermediate levels
Target Audience: Department managers who need to take on budgetary responsibilities, input into business decisions and participate effectively in management reviews, and project managers who need the tools to effectively propose, evaluate and control the financial aspects of their projects.
Here is a complete informational listing of the courses in the Prime Finance curriculum.
Measuring Financial Performance (PF0011)
|1.5 hrs||The Ground Rules||This course first explains the relevance of finance for the nonfinancial manager before describing fundamental accounting conventions such as double entry, cash- and accrual-based accounting, and GAAP (Generally Accepted Accounting Principles). A workplace exercise reinforces the distinction between cash and accrual accounting.|
|3 hrs||The Financial Statements||This course gives the learner a thorough understanding of the three universally recognized and accepted financial reports: the income statement, the balance sheet, and the cash flow statement.|
|4 hrs||Evaluating Performance||This course begins by distinguishing between trend and competitive analysis and continues by explaining how the liquidity, activity, profitability, and solvency ratios are used to analyze an organization’s performance. A workplace exercise gives the learner an opportunity to apply these ratios to existing companies in the real world.|
Planning and Controlling Budgets (PF0012)
|1.5 hrs||Budgeting Matters||This course illustrates the benefits of budgeting to the work of a manager and describes a range of commonly used budgeting methods, such as zero-based, fixed, incremental, rolling, and flexible.|
|1.5 hrs||How to Budget||This course describes the process of budget preparation and control. The course illustrates how a budget is flexed to take account of actual performance, and how variances are analyzed and calculated as a basis for corrective action by management. A workplace exercise guides the learner through the preparation and control of a budget.|
Investment Appraisal (PF0013)
|2.5 hrs||Making Investment Decisions||This course describes the decision points that support capital budgeting within an organization, and continues to explore how a range of techniques (including CVP, NPV, payback, IRR, and ARR) can be used to conduct short- and long-term project evaluations within this process. Workplace exercises guide the learner through an evaluation of competing projects.|
Deployment OptionseLearning System curriculum (Internet)
- 20 hours eLearning
- 5 Courses (14 hours), each including Self Check Assessment
- On-line Resources (6 hours) - Job Aids, Cue Cards, Glossary, Exercises, Recommended Reading Lists, Web Links
- Personalized eLearning System account
- PreAssessment (PrimePath™)
- Mastery Assessment
- Client Administration functionality
- Search feature
- Access to PrimeLearning-run Discussion Boards, Chats
- On-line Mentoring
- Course, including Self Check Assessment
- Course-Based Resources (Job Aids, Glossary, Recommended Reading Lists)
- Please contact us at email@example.com
- American English
- All Microsoft Windows operating systems are supported.
- All Internet Explorer browsers are supported above version 4.0.
- Only version 4.7 of the Netscape browser is supported.
- Adobe Flash Player version 9 or higher is required.
- Adobe Reader plugin is required to view some Curriculum Resources.
- To participate in the Virtual Classes, or play back the archived classes then the Centra client software is required.
- A sound card is required to hear audio.
- Links to download Adobe Flash Player, Adobe Reader and Centra client are provided below and in the eLearning System.