Blow away the smoke when dealing with CFOs and accountants.
Interpret financial statements-they don't say what you think they say.
Discover what costs are really relevant for decision-making.
Create cost and payment structures that work to your advantage.
Learn why you can make a profit and still go out of business-and how to avoid it.

Objectives

Distinguish among the general types/areas/levels of fiscal management.
State the basic differences between accrual and cash concepts.
Explain the basic characteristics of income statements and balance sheets.
Identify payment mechanisms' differential incentives.
Explain basic cost and revenue structures.
Describe the trade-offs between fixed and variable costs.
Define "contribution margin."
Enumerate pitfalls in making decisions using average cost.
Explain the broad distinctions between the fiscal disciplines of accounting and finance.
Describe the conceptual components of a required rate of return.
State why accounting profit is not sufficient as a measure of economic success.

Faculty

Hugh Long, MBA, PhD, JD

Tulane University

CME

The American College of Physician Executives (ACPE) is accredited by the Accreditation Council for Continuing Medical Education to provide continuing education for physicians.

The American College of Physician Executives designates this educational activity for a maximum of 7 AMA PRA Category 1 Credit(s)^TM. Physicians should only claim credit commensurate with the extent of their participation in the activity.

This course is also included in the degree/CPE prerequisite elective curriculum.

Delivery

Live Progam see below for dates and locations

Disclaimer

The faculty may change the order according to their teaching preference.

Purchase

Non Member Price: $335

Member Price: $320- You Save $15

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Live Program

Physician in Management Seminar (PIM)-Finance

Course Description