This course helps managers to perform sophisticated analysis and interpret financial information for decision making and financial planning from a CED perspective. It includes detailed analysis of the budgeting process, including relating budget to organizational goals, and the accounting and financial methods employed by management for evaluating the health and overall performance of an enterprise (analysis of financial statements, ratios, trends, funding and capital structure, asset management, performance forecasts, calculations of financial positions), allocating capital resources (types of costs, cost analysis, cost of capital, time value of money, net present value, rate of return), cash management and cash flow analysis including long- term planning and variance analysis, profitability liquidity and solvency (ability to meet short-term obligations through revenue, long-term obligations through future revenue, and to attract and retain financing). This course is taught from the perspective of a CED nonprofit or for-profit subsidiary, and includes recent trends in mergers and acquisitions.