Certificate in Business Management Seminar


Program Content


Legal Aspects of Business

Monday

Overview: Legal framework for business, understanding contracts, avoiding discrimination, interviewing and more.
Business Structure
Business Functions
Business Challenges
Key Business and Employment Law Topics

  • The Legal Framework for Business
  • Hiring and Firing—Legal Parameters
  • Interviews
  • Discrimination
  • Equal Opportunity
  • ADA and FMLA
  • Unions—Labor and Management Requirements
  • OSHA—Health and Safety Issues
  • Sexual Harassment
  • Age Discrimination
  • Covenants Not to Complete
  • Employment Contracts
  • Applicable Business Law Matters—the Uniform Commercial Code
  • Contracts—What is a Contract? Their Creation, Duration, Authority
  • Issues and Breaches
  • Sales Laws
  • Copyrights
  • Intellectual Property
  • E-mail, Voice-mail, Computer Files—Privacy Issues
  • Dealing with Outside Agents
  • Liability Issues
  • Tuesday

    Management and Leadership

    Overview: Effective conflict resolution, stellar supervisory techniques, delegating successfully, increasing interpersonal communication success, performance reviews and evaluation.
    Managing different level employees
    Managing to achieve bottom line results
    Management and Leadership

  • Distinguishing the difference between managing and leading
  • Bridging the two roles of managing and leading
  • Determining your own management style and how it impacts your success
  • Avoiding the pitfalls of effectively managing others
  • The six key responsibilities of effective managers
  • The skill of giving feedback—both positive and constructive
  • Building a motivated team—a team that wants to do what it is supposed to
  • Strategies for managing change
  • Using the active listening skills
  • Accounting and Finance

    Wednesday
    Overview: Reading financial reports, effective budgeting, techniques of assessing financial performance, projecting revenue and expenses and more.
    Financial Management
    Accounting Practices
    Personal Finances
    The Language of Finance
  • Understanding Basic Financial Terminology
  • Business Transactions and Their Flow Through an Accounting System
  • Accrual vs. Cash Basis of Accounting
  • Capitalizing vs. Expensing Transactions
  • Interacting with Financial Managers and Accounting Staff
  • Value and Risks of Statistics
  • Basic Financial Reports

  • Reading and Understanding Financial Statements and Annual Reports
  • Types and Reliability of Financial Statements
  • Income Statement Classification and Cost-to-Sales Relationships
  • Profit Levels and How to Use Them to Manage a Business
  • Balance Sheet Assets-Liabilities-Equity
  • Intangible Assets and How They are Valued
  • Relationship of Net Income to Retained Earning on a Balance Sheets
  • Reading Between the Lines of CPA's Footnotes

  • Techniques for Measuring and Assessing Performance
  • Profit and Loss Tracking Methods and How to Apply Them
  • Key Operating Ratios—How to Quickly Identify Financial Condition with Key Business Indicators
  • Solvency-Liquidity-Turnover-Leverage Measurements
  • Cost Behavior and Break-Even Analysis-an Important Financial Tool

  • Budgeting Basics
  • Types of Budgets—Operating, Capital and Cash Flow
  • Development of Quarterly and Annual Budgets for Revenue Techniques
  • Revenue Projections and Sales Forecasting Techniques
  • Step-by-Step Budgeting Process
  • How to Monitor Your Department's Performance Against Your Budgets

  • Cash Flows
  • Accounting for Profits vs. Concepts of Cash Flows
  • Primary Components
  • Net Cash Flow Conversion Cycle and the Net Trading Cycle
  • Liquidity and Working Capital Management
  • Cash Flow Budgeting and Projecting Financial Requirements
  • Key Cash Flow Red Flags and How to Spot Them

  • Tax Accounting vs. Financial Accounting
  • Who are you trying to impress with the financial statements-the bank or the IRS?
  • Reading between the lines of a business' income tax return

  • Ethics in Accountancy
  • Is "honest accountant" an oxymoron?
  • Avoiding fraud
  • Making ethical business decisions
  • Marketing and Communications

    Thursday
    Overview: Developing target markets, understanding the marketing mix, using the internet, making powerful presentations, using personality styles, keeping customers, dealing with difficult people.
    Essentials of Marketing and Communications
  • The Core of Marketing
  • Marketing vs. Advertising
  • Locating New Business Opportunities
  • Marketing Strategies
  • Should You Proceed? Risk Analysis Techniques
  • Client Development
  • Anticipating Client Needs and Interests
  • Client/Customer Communications
  • Customer Service Techniques
  • Managing Unhappy Customers
  • Analyzing Future Customer Needs

  • Effective Communications—Written and Oral
  • Speeches and Presentations
  • Group Presentations
  • One-on-One Meetings
  • Verbal vs. Non-Verbal
  • Effective Writing
  • Proposals—Analysis and Preparation
  • Reports and Letters
  • Business Agreements
  • Conducting Job Interviews
  • Finding the right marketing person for the job
  • Developing the Team

  • Negotiations
  • Objectives
  • Proven Tactics and Strategies
  • Being Part of a Team
  • Large vs. Small Negotiations—One-on-One/Company vs. Company
  • Anticipating the Other Side's Strategies
  • Enhancing Your Individual Skills
  • Types of Personal Negotiation Styles
  • Dealing with Problems During Negotiations
  • Authority Issues
  • Communications Between the Sides During Negotiations
  • Special Issues in Business

    Friday
    Overview: Capitalizing on globalization, overcoming cultural diversity issues; selling to the world, joint venturing, personal development issues and more.
    The International Marketplace
  • International Business Issues
  • International Business Units
  • Types of Controls and Regulations
  • International Corporate Structure
  • Role and Use of the Internet in Global Business
  • International Marketing and Business Opportunities
  • Communicating Across Borders
  • Internal International Corporate Teams
  • Joint Ventures

  • Ethics
    Business Etiquette
    Using Technology Effectively
    Keeping Your Career on Track
    Marketing Yourself
    Personal Growth
    Summary

    IAML reserves the right to modify the curriculum when such changes are advisable for academic reasons.