Kaplan University Graduate School of Management
SELF DIRECTED LEARNING PLAN
The Self Directed Learning Plan (SDLP) is a process and document to chronicle your accomplishments and learning steps through the MBA program and beyond as they relate to your professional goals. The SDLP will help you to identify and target the array of competencies you need to reach your professional objectives and to help you organize your Kaplan MBA learning experience to suit your career objectives. The SDLP will be a section of your Program Portfolio, so take some quality introspective time to consider strengths and areas of development relevant to your career objectives. We encourage you to contact Career Services for feedback on relevant …show more content…
|and what it is being used for can help me make better decisions as |
| | |a manager. |
|Strength 2 |GB518: Integrate accounting information into the development of business |GB518: Learning the different business strategies and process in |
|Logical and works well on “people” as |strategies and processes. Be able to use my skills at logically thinking |accounting has really helped me think more logically on projects by|
|well as “task” issues. |in order to better develop business strategies and processes. |understanding the financial aspects. |
|Strength 3 |GB518: Gather the necessary information from the financial statements, |GB518: In this course I have learned how to use financial |
|Making firm business decisions |analyze the financials, make the decision, and interpret the results. |statements and the accounts, and the proper financial ratios to |
| | |come up with conclusions and make sound business decisions. It is |
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In accounting there is much to be learned, about the financial aspects of a business. In the past five weeks I have learned the importance of financial reports and how they relate to the success of an establishment. These reports may include balance sheets and income statements, which help accountants and the public grasp the overall financial condition of a company. The information in these reports is really significant to, managers, owners, employees, and investors. Managers of a business can take and deduce financial
1. Profitability and decision analyses: Relevant revenues, costs, profit margins, cash flows, and/or net income are appropriately calculated and interpreted.
This course focuses on ways in which financial statements reflect business operations and emphasizes use of financial statements in the decision-making process. The course encompasses all business forms and various sectors such as merchandising, manufacturing and service. Students make extensive use of spreadsheet applications to analyze accounting records and financial statements. Prerequisites: COMP100 and MATH114 / 4-4
YOU CANNOT START AND/OR COMPLETE THIS WITHOUT A FINAL SALES FORECAST AND A LIST OF ALL YOUR OPERATIONAL COSTS
What makes a large organization like Wal-Mart financially successful? One could say it is the result of outstanding personnel or perhaps a strong determination to succeed. These factors certainly contribute. However the key to financial success in organizations lies in good accounting. Since early civilization began, accounting has been an important part of our financial transactions. In today’s world our use of modern accounting systems and accurate financial statements are critical components that make modern organizations successful. To facilitate understanding of this point one must understand how
'How do the main functional areas of a business interact and contribute to its effective management?'
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This course provides a framework for financial accounting concepts and practices used by internal and external users in businesses. Topics presented include the accounting cycle, financial reporting, financial statements analysis, ratio calculation and interpretation, and management decision making based on financial results.
When you give a financial report, it should include all the tools your organization will need for making a good financial decision. In general, when completing an analysis for a financial decision the management team needs to evaluate the possible new venture, start planning
Business has involved me studying different organisations and analysing their economic, social and financial performance through the use of ratio analysis and interpretation of balance sheets and cash flow forecasts allowing me to draw conclusions. This assisted me to make comparisons amongst businesses and be able to judge their position within the market. Having used Microsoft Excel independently to construct cash flow forecasts and balance sheets indicates I have the ability to interpret a business’s financial reports using basic knowledge to make an informed
Accounting Information Systems The Crossroads of Accounting and IT by Donna Kay, Ali Ovlia Instructor’s Solutions Manual
This essay will begin to look at the main financial statements used by decision makers in businesses today. This essay will go into detail about the income statement and statement of financial position and whether these two statements provide decision makers with their financial information adequately. This essay will also include the various advantages and disadvantages of each financial statement as well as describing whom the decision makers are and why financial statements are important to them. A conclusion will be present at the end of this essay to demonstrate an overall view of whether financial statements are beneficial to decision makers.