More details about this courseBring a laptop running Excel, this is a hands-on course!

Solid Financial Understanding Brick by Brick – You’ll Cover:

• Accounting Practices and Cycle - The essentials of accounting: analyzing transactions: cash versus accrual methodologies. The complete accounting cycle: income statement, statement of shareholder’s equity, the balance sheet.
• Financial Statements - Financial statement analysis: utilizing financial ratios to assess liquidity, solvency, asset utilization and profitability.
• Annual Reports - Interpreting an annual report: the financial statements; government requirements; footnotes, auditor’s opinion.
• Profit Planning - Profit Planning; Cost-volume-profit analysis as a basis for profit planning and breakeven analysis.
• Master Budget - The master budget and understanding integrated subsidiary budgets
• Earned Value Analysis - Earned Value analysis; calculate Cost Performance Index (CPI), Schedule Performance Index (SPI) and Estimate at Completion (EAC)
• Value of Money - Present value and the time value of money: applying present value techniques
• Capital Budgets - Capital budgeting and the cost of capital; preparing budgets; using time value of money, weighted cost of capital, role or risk
• Business Valuation - Business Valuation; the concepts and mathematics behind valuation models
  
  
  

20 Immediately Useful Decision-Making Benefits

1. Understand the fundamental concepts and terms of corporate finance
2. Better understand the financial risks and benefits of your high level financial decision-making
3. Utilize all of the important financial information in planning to maximize resources and profits
4. Better determine financial weaknesses and opportunities for growth and profit
5. Understand the complete accounting life cycle and how each part affects your department or division
6. Know the intricacies of a Master Budget - how department budgets interact
7. Know how financial ratios are key to an Annual Report in determining liquidity, solvency, asset utilization and profitability
8. Discover how the time value of money influences project selection, capital budgeting, stock and bond valuation and valuation models
9. Learn to quickly analyze financial forecasting models to determine profit and breakeven production and sales levels
10. Understand the use of trade credit in financing the cash needs of your department
11. Monitor your firm’s organizational performance through the financial statement analysis of annual reports.
12. Gain a thorough understanding of the complete accounting life cycle – income statement, statement of shareholders equity and the balance sheet.
13. Develop better financial tracking skills to help you achieve financial objectives
14. Understand Governmental Reporting Requirements for Annual Reports
15. Quickly interpret and understand the terminology of any Financial Statement and be able to make a good business decision based on the financials.
16. Know what questions you should be asking of your Accounting and Finance Professionals in your organization.
17. Understand business valuation techniques and the concepts and mathematics involved
18. A well-rounded working knowledge of the Finance and Accounting principles that make a business run.
19. Be able to see your firm the way an investor would view it, from a financial perspective
20. Quickly glean financials and immediately understand the financial relevance to your group

If you’re in a Managerial role and you’re making Financial Decisions –
You should attend this two-day hands on program

This high-level program is designed by a seasoned financial professionals to not only give you the financial background and tools you need – but to help you use those financial tools as a manager or executive – to make those important decisions. Those who will benefit include:

• Vice Presidents
• General Managers
• Department Managers
• Directors
• Top executives in all areas of Sales, Marketing, Service Organizations, Manufacturing
• Anyone involved in the financial decisions of your organization.

If your expertise has not included a consistent grounding in financial and managerial accounting practices and concepts – you’ll benefit greatly.