business.rice.edu/eeExecutive Education

Certificate in Finance & Accounting for the Non-Financial Manager

Executive Education

Manage your bottom line – don’t let it manage you. The 41/2-day Certificate in Finance & Accounting program will demystify your route to financial success and help you develop a well-rounded understanding of the language and requirements of financial expectations and performance. Led by our faculty experts and their proven methods of instruction that include class exercises utilizing Excel, case analysis and instructor lectures, you will better understand financial reports, utilize the information they contain, and contribute to financial decisions.

Who Should Attend The program is targeted to those who are new to financial concepts and techniques, as well as any professional who wishes to update his or her knowledge of basic finance and accounting. It is particularly applicable to individuals whose backgrounds are in functional areas such as marketing, sales, manufacturing, HR, and engineering.

�Length of Program 41/2 consecutive daysSpecific program dates can be found online at business.rice.edu/ee

Cost $4,995.00 The program fee includes all educational materials, instruction, breakfast, lunches, snacks, parking, a commemorative gift, and a certificate of completion.

Group Discounts Groups of three (3) or more receive a 10% discount off the program cost. Line up your team now!

CPE Credits Are Available

PROGRAM FOCUS

ACCOUntinG DR. KAREn K. nELSOnProfessor of Accounting Jones Graduate School of Business, Rice University�Focuses on accounting and builds the foundation for participants to understand the significance and use of information in financial reports relative to management decisions.

Module learning objectives:�� Learn�the�relationships�between�the�primary�financial�statements�(balance�sheet,�income�statement�and�statement�of�cash�flows);

�� Learn�the�significance�of�accrual�accounting�concepts�and�the�differences�between�income,�cash�flow,�assets�and�expenses;

�� Learn�the�meaning�of�the�terms�and�data�found�in�financial�reports.�

E X E C U T I V E E D U C A T I O N

FinAnCEDR. GEORGE KAnAtASJesse H. Jones Professor of Finance Jones Graduate School of Business, Rice University The finance portion deals with managing growth, earnings and cash, and with a firm’s weighted average cost of capital and its relation to both Economic Value Added (EVA) and capital expenditure analysis.

Module learning objectives:�� Gain�an�understanding�of�the�effect�of�growth�on�earnings�and�cash�and�how�to�determine�optimal�growth;

�� Study�how�to�determine�a�firm’s�cost�of�capital�and�how�it�relates�to�the�distinction�between�earnings�and�economic�profit;

�� Learn�how�to�apply�investment�evaluation�techniques�including�discounted�cash�flow�analysis,�payback�and�return�on�capital.�

FinAnCiAL StAtEMEnt AnALySiS DR. BRiAn ROUntREEAssistant Professor of AccountingJones Graduate School of Business, Rice University Concentrates on financial statement analysis and will employ existing knowledge to understand how companies’ strategies and operational execution are revealed in financial statements. We develop a systematic performance evaluation methodology that provides the foundation for assessing current and future economic prospects, along with linking this information to valuation.

Module learning objectives:�� Develop�an�understanding�of�earnings�management�techniques�and�evaluate�the�implications�for�future�performance;

�� Introduce�the�concept�of�ratio�analysis�and�illustrate�how�to�adjust�ratios�for�differences�in�accounting�techniques�and��operational�decisions;

�� Create�a�systematic�method�for�evaluating�firm�performance�using�publicly�available�financial�statements�and�linking��this�to�forecasts�of�future�performance.

REGiStER OnLinE tODAy at business.rice.edu/ee

b u s i n e s s . r i c e . e d u / e e

For more information, please contact: Executive EducationRice UniversityJones Graduate School of Business

Janice & Robert McNair Hall – MS 5316100 Main StreetHouston, Texas 77005

713-348-6060Email: oed@rice.edu

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DR. KAREn K. nELSOnProfessor of Accounting, Accounting Area CoordinatorEducation: B.S., University of Colorado; Ph.D., University of Michigan

Dr. Nelson investigates factors that influence the quality of financial reporting and disclosure and the role of regulators, auditors and private securities litigation in monitoring financial reporting quality. Her research focuses on earnings management and the interaction between corporate financial reporting strategies and securities litigation. She has held research seminars at leading business schools around the country.

DR. GEORGE KAnAtAS Jesse H. Jones Professor of Finance, Finance Area CoordinatorEducation: B.S., The City College of New York; Ph.D., University of Kansas; Ph.D., Johns Hopkins University

Dr. Kanatas’ work in the industry has been in the areas of capital budgeting, strategic financial analysis, and bank regulation. His research has dealt with bank capital regulation, deposit insurance, loan contracting under imperfect information, the effects of product market competition on corporate financial policy, and most recently, the effects of social culture on economic decisions.

DR. BRiAn ROUntREE Assistant Professor of AccountingEducation: B.S., Babson College; Ph.D., University of North Carolina

Dr. Rountree examines the ways in which analysts, auditors and regulators influence firms’ financial reporting choices. His research addresses the market valuation of earnings smoothing, whether government-mandated changes in disclosure lead to improved financial reporting, and how the collapse of Arthur Andersen changed the market for audit services.

The Office of Executive Education provides business leaders, at all levels, the opportunity to sharpen their business acumen through a variety of non-degree programs including open enrollment, certificate programs, application-based management programs and custom-designed programs for organizations.

The Certificate in Finance & Accounting has enabled me to better understand the underlying accounting, finance, and valuation issues to be considered when planning to grow our business segment and contribute to increased shareholder value. I am also much better prepared to have efficient and productive communication with the accounting and finance specialists in our company, and I believe this will increase my value as an employee.

BiLL BOWERSDirector of Water Solutions Exterran