University of the Aftermarket to offer November financial seminar

Tps Logo Online
Updated Aug 10, 2012

Northwood University and its University of the Aftermarket program will host a two-day seminar focusing on essential finance and accounting skills entitled “Financial Skills for Non-Financial Professionals” on Nov. 13-14, 2012 at the Sloan Family Building on Northwood’s Midland, Mich. campus.

Northwood says the program is specifically designed for aftermarket professionals in any market segment who want to improve their understanding of financial and accounting concepts in an aftermarket framework. The two-day course will cover basic financial statements (balance sheet, income and cash flow statements), managerial accounting, budgeting, reading quarterly/annual statements, understanding financial concepts and their practical application, aftermarket case studies, as well as the use of different types of financial resources, the company says.

“This program is not for financial or accounting professionals,” says Brian Cruickshank, director of the University of the Aftermarket. “Rather, it was created for everyone else in the aftermarket who touches, manages, influences or needs to understand the numbers. This would include managers, sales professionals, business owners and anyone who wants to improve their financial acumen.”

The cost of the program is $1,495 and includes all meals. Affordable on-campus hotel housing is available. Industry professionals may register at  Click “Course Calendar” and scroll down to find the program’s listing. Northwood says graduates will earn earned 1.6 continuing education units that can be applied toward their Automotive Aftermarket Professional (AAP) or Master Automotive Aftermarket Professional (MAAP) designations.

Learn how to move your used trucks faster
With unsold used inventory depreciating at a rate of more than 2% monthly, efficient inventory turnover is a must for dealers. Download this eBook to access proven strategies for selling used trucks faster.
Used Truck Guide Cover