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This course provides a comprehensive study of financial analysis, planning, and control techniques, exploring the mechanisms used for determining the overall financial health of private, public, and non-profit organizations. Students will develop practical skills to effectively manage and make informed financial decisions.
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Summary of MSA 602 Financial Analysis, Planning and Control • COURSE DESCRIPTION • Study of financial analysis, planning and control techniques/methods, emphasizing mechanisms used to determine the overall financial health of private, public and non-profit organizations. • Applied course so students can ‘hit the ground running’ upon graduation.
MSA 602 Course Objectives • IV COURSE GOALS AND OBJECTIVES1. Oversee the administration of an organization’s financial management and managerial accounting practices and functions.2. Describe the financial objectives of modern organizations and distinguish the similarities and differences between the financial objectives of private, public, and non-profit organizations.
MSA 602 Course Objectives, cont. • 3. Review, interpret, and understand financial statements and information to determine an organization’s financial position and health.4. Apply analytical models used to evaluate financial performance.5. Explain the role of budgeting in financial decision-making for long-term and short-term financial planning.
MSA 602 Objectives, conc. • 6. Explain various sources of capital and how funds are raised by organizations.7. Apply strategies and principles of financial management to the allocation of funds to secure the long-term profitability and/or goal attainment of organizations. • All objectives with the understanding the student will be able to articulate the materials presented.