Finance for Technology Managers

From: $499.00



Course schedule coming soon.

Most technical managers have advanced in their careers due to their technological prowess, not their business skills. Even if they excel at math they may find themselves at a loss when it comes to understanding the structure, details, logic, interpretation, and implications of corporate financial reports.

This course equips technical managers to understand the ‘language of business’ and gain a solid grasp of managerial accounting. Students gain a practical understanding of how financial data is structured and how it can be used to inform and impact the decision making process.

Immediate benefits of this course include:

  • Equipping you to transform financial and accounting concepts into practical decision making tools
  • Increasing your ability to navigate financial challenges as a knowledgeable partner to your accounting and finance team
  • Improving your ability to establish accurate budgets and assess outcomes
  • Increasing your self-reliance and confidence in making ROI-based investment decisions
  • Improving your ability to translate financial reports, draw conclusions, and interpret data into meaningful feedback for your team

What you’ll learn:

  • Generally Accepted Accounting Principles (GAAP) – basic rules and principles
  • Structure and role of balance sheets, income statements and cash flow statements
  • Drivers of financial performance
  • How to understand and interpret corporate financial reports such as annual reports and quarterly statements
  • How to evaluate investment and project proposals

Course outline:

Unit 1 – Overview

  • Managing a company in today’s business environment
  • The role of a General Manager and mid-level managers
  • The role of a finance department

Unit 2 – Foundations

  • Understanding the ‘language’ – accounting terminology
  • Understanding the ‘rules’ – GAAP basics and guiding principles
  • Understanding the ‘structure’ – balance sheets, income statements, and cash flow statements

 Unit 3 – How Companies Make Money

  • Where money comes from and where it goes
  • What is the top line, below the line, and bottom line?
  • Gross margin – what products and services cost
  • What is ‘overhead’ and why is it used?

Unit 4 – Budgeting

  • Planning for profit and growth
  • Collecting information


  • N/A


  • N/A


  • 2 days


  • Join the class in our Reston, VA training facility or via video conference.


  • Bill Howden, who is a member of the Project Management Institute, holds a Master’s degree from Johns Hopkins University’s Whiting School of Engineering. Using the tools and strategies presented in this class, Bill has managed numerous successful technology projects of all sizes in a variety of organizations and has led teams of project managers within Program Management Offices (PMO). Bill has taught project management courses while working at Hughes, JDSU and EXFO and with numerous consulting clients.

Number of students per class:

  • 20

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