info_mark
Executive Education

Fundamentals of Accounting for Non-Financial Managers

Get a grasp on the meaning behind the numbers

You’ve come this far in your career through talent, initiative and a lot of hard work. But you may have missed out on the financial training you need to get to the next level. 

This popular program for non-financial managers is your shortcut to financial literacy. Learn to “think finance,” and understand what the numbers are telling you. Read basic financial reports and ask probing questions based on the data they provide. Strengthen your finance and accounting skillset. Increase your financial fluency to make your business decisions pay off—in your career, and on the bottom line.  

Note: see Financial Statement Analysis for Non-Financial Managers to take the next step in your financial literacy learning journey.

How you will learn

The course cuts through complexity to deliver the material in a supportive, easy-to-understand way. Emphasizing practical application, it includes examples, case studies and hands-on exercises that will build your confidence when using financial information back at work. 

You are encouraged to bring examples drawn from your own experience to share with the class.

Who is this for?

This program is designed for professionals with no formal training or experience in finance and accounting:

  • New or middle managers aspiring to career mobility 
  • Government and non-profit officers
  • Sales, marketing, technical or other professional specialists
  • Entrepreneurs and owners of small start-up or growing companies

The program will also benefit those with some previous knowledge of financial information who want a refresher on the basics.  

The impact

With a focus on comprehensive skill development, this program aims to achieve impactful outcomes, such as:

Adopt a financial perspective:

  • Grow confidence in dealing with financial matters
  • Question and discuss financial implications with others

Understand the numbers side of your job:

  • Read and interpret basic financial statements
  • Acquire a toolkit of financial management techniques 

Appreciate the uses of financial information:

  • Know the guiding principles of good financial reporting
  • Discern what financial statements can and cannot tell you

Propel your career:

  • Demonstrate your value to your employer
  • Expand your professional expertise—and your opportunities
  • Demystify the language, tools and techniques of accounting and finance
  • Better comprehend your business from a financial point of view
  • Become familiar with basic financial reports and see how they fit together
  • Understand, rather than simply memorize, the presentation of company information  
  • Get hands-on experience dealing with financial statements
  • Work with financial professionals in their own language
  • Use critical numbers to build your career and create a high-performance organization
  • Improve business acumen and the quality of financial decision making at all levels 
  • Ensure smoother interactions between non-financial staff and members of the accounting/finance department
  • Promote organizational sustainability by encouraging a more questioning outlook—i.e., why are we doing what we do? Is there a more effective way?
  • Cascade learning downwards, by enabling department managers to share their knowledge with others on their team

Basics of Financial Literacy

  • Accounting and financial terminology
  • Generally Accepted Accounting Principles in Canada
  • Roles and responsibilities of financial managers
  • Characteristics of good financial information

Understanding the Balance Sheet 

  • What can the Balance Sheet tell you, and how can it mislead?
  • Assets
  • Liabilities
  • Shareholders’ Equity
  • Reading critical information hidden in the footnotes

Deciphering the Income Statement

  • What does the Income Statement tell you about a business, and what does it leave out? 
  • Net income: revenues, expenses, gains and losses
  • Cash vs. Accrual vs. Activity-based accounting
  • Break-even analysis and depreciation
  • Performance indicators

Sorting Through the Statement of Cash Flows

  • The purpose of the Cash Flow Statement
  • Types of cash flows
  • Operating activities
  • Investing activities
  • Financing activities

Overview of the Statement of Changes in Equity

  • What it is and how it is used
  • Contributed capital
  • Retained earnings
  • Accumulated other comprehensive income

Other Critical Concepts to Know

  • Reading public company annual reports
  • Introduction to financial ratios and internal controls

DAP-Scott-Sinclair

Scott Sinclair

Lecturer

Scott is a full-time lecturer at the Sauder School of Business. He currently teaches in Sauder’s Indigenous, Undergraduate, MBA and Executive Education Programs. Prior to that he was a lecturer in UBC's DAP program and taught accounting at BCIT. At UBC he has been a two-time winner of the DAP Excellence in Teaching Award, a two-time winner of the Commerce Undergraduate Society Teaching Excellence Award, and a recipient of the Killam Teaching Award for Excellence in Undergraduate Teaching.

Formerly Scott was the Director of Student Education for the Institute of Chartered Accountants of BC and the principal author of the Chartered Accountants School of Business of Western Canada's program. In 2007, he received The George C. Baxter Award for Excellence in Learning Materials Development from the Chartered Accountants School of Business of Western Canada.

[Executive Education Programs] Financial Statement Analysis for the Non-Accountant, Fundamentals of Accounting for Non-Financial Managers 

Upcoming sessions

calendar Program dates
price_tag Fees and Taxes
notebook Format
filled_point Location
Jul 3 - 4, 2025
$2390.00 + tax (5%)

In-person

UBC Robson Square
Nov 13 - 14, 2025
$2390.00 + tax (5%)

In-person

UBC Robson Square
Mar 12 - 13, 2026
$2390.00 + tax (5%)

In-person

UBC Robson Square

Why UBC Sauder Executive Education?

Elevate your career and organization with UBC Sauder. Recognized as a global leader in executive education by the Financial Times, our programs deliver a transformative learning experience, resulting in tangible impact.

Vancouver city at sunset

Participating organizations

Success stories

I left this course with a greater understanding of financial statements and confidence to be able to read and interpret them accurately.
This was the best course I have taken in the past ten years; very interesting and enjoyable. The instructor was top notch. I definitely recommend this course to others.

Other programs you may be interested in

Can't find what you're looking for?

Develop your business knowledge with a UBC Sauder certificate, available in several specialized areas of business. 

Tailored learning solutions for organizations

Please get in touch and we'll be happy to explore how we can help