In this highly-interactive eight-week program taught by Chicago Booth professor Haresh Sapra, you'll acquire the tools and frameworks to interpret and analyze financial statements. You'll emerge a more impactful decision-maker who understands the financial performance and health of an organization.
This program is in partnership with Global Alumni.
Today’s unpredictable and fast-changing business world requires executives from every level to have a solid understanding of core finance and accounting principles to make impactful business decisions. Practical financial decision-making is critical to an organization’s ability to combat competition, make strategic growth decisions, and create shareholder value.
In this online program, you’ll discover key concepts such as interpreting balance and income statements, cash flow principles, asset and liability analysis, and risk and forecasting tools—all to make more impactful financial decisions. You’ll acquire the tools to quantitatively evaluate choices and how these choices affect your firm’s incentives and resources.
By attending, you will:
This program is highly collaborative, featuring discussion forums and live interactions with faculty. You will utilize the case study method and various tools that you can immediately apply in your work environment.
Unlike other business schools' online programs, this program features two live-online sessions to deepen your learning and help apply what you've learned immediately. In each session, you'll learn directly from Professor Sapra and hold discussions with peers. You'll also have an opportunity to ask questions and get real-time feedback and collaboration.
This program is designed for mid- senior managers from across an organization, within a wide-range of industries, who do not have formal training in finance and accounting and wish to develop or update their knowledge of core finance and accounting principles.
This program will also benefit those in professions such as consultants, scientists, engineers, healthcare, small- medium size business owners, and other professionals who want to increase their financial acumen to make better business decisions.
Haresh Sapra is the Charles T. Horngren Professor of Accounting at the University of Chicago Booth School of Business. He studies the real effects of accounting measurement policies, disclosure regulation, and corporate governance. His current research deals with issues of disclosure, transparency and financial reporting for financial institutions. For example, how do accounting measurement rules impact the optimal design of prudential regulation for financial institutions? To what extent should accounting and prudential regulation be linked? What is the impact of loan loss provisioning models on banks’ risk-taking behaviour? His research has been published in journals such as The Accounting Review, Journal of Accounting Research, Games and Economic Behavior and the Journal of Accounting and Economics. He teaches financial accounting to Executive MBA students, an MBA elective on Deal Structuring and Financial Reporting Implications and a PhD course on the economic modeling of accounting issues. He is currently the editor of the Journal of Accounting Research.
Sapra has won numerous teaching awards in all the programs at Booth. Sapra has been named one of the top-ranked professors in BusinessWeek's Guide to the Top Business Schools. Sapra has also the Ernest R. Wish Accounting Research Award for his paper "Do Mandatory Hedge Disclosures Discourage or Encourage Excessive Speculation?"
Sapra earned a PhD in Business Administration in 2000 from the University of Minnesota and then joined the Chicago Booth faculty in 2000.
Sapra is an accomplished runner who has competed in over thirty marathons with a personal best time of 2:53:06.
Introduction to Accounting and the Accounting Process
The Profit & Loss Statement
The Liability Analysis
Analyzing Financial Statements
Introduction to Valuation
Session 1: Expenditures: Expenses or Assets?
You'll explore the impact of capitalizing expenses vs.immediate expensing, and discuss the results of a case study.
Session 2: Financial Statement Shenanigans
You'll learn how to identify earnings, cash flow, and acquisition manipulation. You'll also explore the implications of using pro forma (Non-GAAP) financial measures.
It is always a good feeling to get to the finish line! I had a great time and definitely learned a lot. I first took this course mainly because, coming from an Engineering background, I had never had an academic perspective on accounting and finance. I felt this was an appropriate moment to explore that -- and the idea of an online Chicago Booth Finance Course just fit me like a glove!...From the comfort of my home, I was able to learn and practice a lot, and also validated several ideas and concepts learned "on the street" over the years.
I thoroughly enjoyed this course and know that I learned a ton…I like how the course focused around information that is publicly made available through financial statements in annual reports. The exercises we all went through are easily applicable to any company I might work with in the future to better understand the state of their business at the highest levels.
This course was fantastic...I do not have a formal background in Accounting and Finance, but these are a big part of what I do each day and I need to be better as I progress through my career. Additionally, I wanted to challenge myself by taking a course like this from a top tier business school. In fact, that was of utmost importance to me — go with the best and challenge yourself…I feel way more confident going forward now that I've gone through these last 6 weeks.
—Evan Laskaris, Vice President Operations at RXO
I really enjoyed this class, and found that it challenged me to think in new ways about my company and the way we account for various aspects of our business.
The reason for me to take this course was my future possible participation on our Board. I have wanted to learn more about accounting and how to interpret financial reporting for some time now…Without a doubt, I feel like the course has better prepared me to review and analyze our company’s financials and make recommendations for future acquisitions or strategy to enhance our financial performance.
May 16–July 16, 2023
September 19–November 13, 2023