The ability to apply financial principles and concepts to decision making is critical for the physician executive, but is often a mystifying blend of mechanical calculation and confusing theories. This course provides the knowledge and skills to turn the mysteries into tools you can use to shape your organization's strategic future. The focus is on operations and investment, and the integration of financial principles into those areas. The basic principles of finance will be taught along with the mechanical skills of manipulating financial tools, giving each participant a thorough understanding of the key areas required to both build and grow a fiscally healthy organization. Specifics include:

Really using financial and accounting statements.
Budgeting and cost management that makes sense.
Productivity and performance enhancement.
Risks and returns within your organization and in capital markets.
Practical investments for short and long term goals.
Creating value for your organization in the competitive marketplace.

release date: 07/00, revised: 01/06

Objectives

To distinguish between accounting and finance.
To identify the measures of financial performance.
To understand the budgeting process.
To use cost management and other tools to enhance productivity.
To understand the time value of money.
To determine the cost of capital.
To evaluate risk and return in investment opportunities.
To understand efficient capital markets.
To create competitive value.

Faculty

Steven Finkler, PhD

New York University

InterAct Express

Techniques of Financial Decision Making

Course Description

release date: 07/00, revised: 01/06

Objectives

Faculty

Steven Finkler, PhD

CME

12 CME Credits

Delivery

Video on CD

Purchase

Non Member Price: $800.00

Member Price: $650.00 - You Save $150.00