Focus On: Finance and Accounting
Business runs on finance. No matter what your background,
you need to understand finance and accounting to make decisions or request
resources. With one of the leading finance departments in the world,
the Wharton School has given thousands of managers critical tools and
insights in finance and accounting — from understanding first principles
to developing high-level financial strategy. In this issue, faculty examine
a few fundamental concepts and explore why this may be the best time
for corporate M&A activity. We highlight a program that is helping
families manage their wealth more effectively. We also review a book
for growing and managing wealth. Finally, we offer a number of upcoming
programs that can help to build your own financial acumen.
Articles
In
the Classroom I
What Everyone in Business Needs to Know about
Finance and Accounting
Accounting is often called the language of business. In Wharton’s
finance programs, faculty members unlock that language and present core
concepts essential to any "traveler" who needs to navigate
this territory. More
Thoughtleaders
Now Is the Time for Corporate M&A
While the M&A frenzy may have peaked, now could be an ideal time
for corporate buyers to get back into the game, according to the academic
director of Wharton’s Mergers and Acquisitions program. More
In
the Classroom II
How IPI's Wharton Program Taught One Family
to Be Wise about Their Wealth
A successful family business founder discusses how Wharton’s Private
Wealth Management program, offered with the Institute
for Private Investors, helped improve his own financial management skills
— and those of his family. More
Wharton
School Publishing
Wealth: Grow It, Protect It, Spend It, and Share It
Whether you are worth a few hundred thousand dollars or a
few hundred million, whether you are a wealth owner or advisor, the book Wealth by
Stuart Lucas offers insights on building and managing wealth. More
October's Poll Results
View Wharton@Work readers' response to the question "What
percentage of your revenues comes from products that did not exist three
years ago?" More
It's up to you now, Miller. The only thing that can save
us is an accounting breakthrough.
Published in The New Yorker February
28, 1994
Well, gentlemen, there's your problem.
Published in The New Yorker November
20, 2006
Featured Program:
Finance
and Accounting for the Non-Financial Manager
Every day, managers and senior executives with little or no background
in finance and accounting are responsible for decisions with far-reaching
financial implications. Learn the language of accounting, demystify
the science and art of finance, and add value to your organization and
your career. More
IMCA® Certification Programs:
Alternative
Investments Certificate
Feb. 18–22, 2008
The Alternative Investments Certificate moves beyond CIMA and
into the highly advanced details of hedge funds, venture capital,
and real estate, as well as manager selection, regulatory issues,
and ethics. The Alternative Investments Certificate Program is open
to CIMA and CIMC designees, CFP certificants, and CFA charterholders
in good standing.
Endowments
and Foundations Certificate
Apr. 28–May 2, 2008
The Endowments and Foundations Certificate moves beyond CIMA and into
advanced asset allocation, governance, tax, estate planning, and administration
for the nonprofit sector. The Endowments and Foundations program is open
to CIMA and CIMC designees, CFP certificants, and CFA charterholders in
good standing.
Upcoming Programs
DECEMBER
JANUARY
FEBRUARY
MARCH
> More programs
> E-mail
a program consultant
November's Poll
What is the single most important financial tool or concept that you
use in your work?
> Take
the poll!
Resources
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us an e-mail , or visit
our website .
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Related Articles in Knowledge@Wharton
> What's
Ahead for Financial Markets? Perspectives from Jeremy Siegel and Jacob
Wallenberg
> 'Getting
the Models Right': How to Value Hard-to-Price Assets
> Do's
and Don'ts for Investors in Global Distressed Asset Markets
> Do
Americans Save Enough? It Depends on What Calculator You Use
> Big
Deal(s): What's Driving the M&A Frenzy?
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