Non-financial professionals need the skills and tools to analyze financial statements in the management control and application of resources for which they are responsible. Several myths about accounting must be overcome to gain a basic knowledge of accounting and how transactions are transformed into statements. These myths are converted to meaning. Doubt and uncertainty about accounting are removed with simple-to-understand and applied tools and techniques.
WHY SHOULD YOU ATTEND?
Three related Finance & Accounting courses are presented in this Webinar:
Making of Financial Statements:
- Transforming transactions to statements
- Interactive exercises to illustrate the accounting process
- Overview of the entire accounting process in simple-to-understand steps
Understanding & Analysing Financial Statements
- Overview of three required financial statements
- Balance Sheet
- Income Statement
- Cash Flow Statement
- Key positive elements & red flags
- Using statements as the basis for key business decisions
Key Business Ratios as the road to profits & productivity
- Five categories of essential ratios
- Calculating ratios from their financial statement source
- Understanding how to use ratios to make key financial decisions
These three separate Webinars are combined into one 90-minute webinar of composite tools & techniques to provide a comprehensive understanding of finance & accounting in simple to understand and apply tools & techniques. Attendee exercises & participation are used to reinforce training. All essential elements of finance & accounting are covered in this webinar which is three courses in one.
AREA COVERED
- The overall connection of financial transactions to required statements of:
- Balance Sheet
- Income Statement
- Cash Flow Statement
- The basic framework of finance and accounting and the concepts and principles used to transform transactions
- Components of each financial statement using sample statements
- Six Generic types of transactions in every company
- A simple comparison of business to personal financial statements
- The simple meaning of finance and accounting
- The simple meaning of cash vs. accrual accounting
- A simple explanation of debits and credits with actual exercises to illustrate their application in transforming transactions into statements
- Simple examples of accounts and how transactions are recorded using debits and credits with actual attendee exercises and sample transactions
- A simple explanation of double-entry accounting and why it is key to the process of accounting accuracy
Key tools to understand and analyze financial statements - Tools & techniques to understand key financial ratios and how to use them in making key business decisions
- This is a key composite course of all essential elements of finance & accounting primarily for non-financial professionals.
- It is a great refresher for financial professionals
Overall you will learn in simple to understand and apply tools and techniques on how business financial transactions are transformed into financial statements. I guarantee it!
WHO WILL BENEFIT?
- This Webinar is primarily designed for all Non-Financial Professionals who have the management and control of resources
- Financial professionals can also benefit as a refresher
- The primary focus is on Non-Financial Professionals
- It is Accounting 101 made simple!!
Three related Finance & Accounting courses are presented in this Webinar:
Making of Financial Statements:
- Transforming transactions to statements
- Interactive exercises to illustrate the accounting process
- Overview of the entire accounting process in simple-to-understand steps
Understanding & Analysing Financial Statements
- Overview of three required financial statements
- Balance Sheet
- Income Statement
- Cash Flow Statement
- Key positive elements & red flags
- Using statements as the basis for key business decisions
Key Business Ratios as the road to profits & productivity
- Five categories of essential ratios
- Calculating ratios from their financial statement source
- Understanding how to use ratios to make key financial decisions
These three separate Webinars are combined into one 90-minute webinar of composite tools & techniques to provide a comprehensive understanding of finance & accounting in simple to understand and apply tools & techniques. Attendee exercises & participation are used to reinforce training. All essential elements of finance & accounting are covered in this webinar which is three courses in one.
- The overall connection of financial transactions to required statements of:
- Balance Sheet
- Income Statement
- Cash Flow Statement
- The basic framework of finance and accounting and the concepts and principles used to transform transactions
- Components of each financial statement using sample statements
- Six Generic types of transactions in every company
- A simple comparison of business to personal financial statements
- The simple meaning of finance and accounting
- The simple meaning of cash vs. accrual accounting
- A simple explanation of debits and credits with actual exercises to illustrate their application in transforming transactions into statements
- Simple examples of accounts and how transactions are recorded using debits and credits with actual attendee exercises and sample transactions
- A simple explanation of double-entry accounting and why it is key to the process of accounting accuracy
Key tools to understand and analyze financial statements - Tools & techniques to understand key financial ratios and how to use them in making key business decisions
- This is a key composite course of all essential elements of finance & accounting primarily for non-financial professionals.
- It is a great refresher for financial professionals
Overall you will learn in simple to understand and apply tools and techniques on how business financial transactions are transformed into financial statements. I guarantee it!
- This Webinar is primarily designed for all Non-Financial Professionals who have the management and control of resources
- Financial professionals can also benefit as a refresher
- The primary focus is on Non-Financial Professionals
- It is Accounting 101 made simple!!
Speaker Profile
Carl Young is an Author, Speaker, Trainer, Consultant, and Coach. He holds a MBA and completed graduate studies in Accounting and Taxation. He is a former CFO of a 275M, high growth technology based company. He has over 25 years of senior level business management experience. In addition, he has over 25 years of training experience in finance, accounting and business management. Former CEO of his own small parts manufacturing company as well as former Senior Financial Associate of major consulting firm. Carl is a member of the following organizations: American Society of Corporate Controllers, Council of Experts (investment firm …
Upcoming Webinars
From Challenges to Compliance: Understanding Dietary Supple…
How To Conduct An Internal Harassment And Bullying Investig…
Improving Employee Engagement & Retention Through Stay Inte…
Using Behavior Based Interviewing for Finding the Best Matc…
Leadership: Strategic Planning and Decision Making
The Anti-Kickback Statute: Enforcement and Recent Updates
Do's and Don'ts of Documenting Employee Behaviour, Performa…
De-Stressing Your Leadership for Greater Impact
Emotional Intelligence: Mastering the Emotions of Great Lea…
Bootcamp for New Managers and Supervisors: Avoid These 7 Mi…
How to Conduct Exit Interviews - Implementing and Enhancing…
Coming Soon - New Minimum Salary Levels for Exempt Employee…
Utilizing HR Metrics to Illustrate & Improve Human Resource…
Pivot tables beginner to advanced + 20 advanced Pivot table…
Finance & Accounting 101 Simplified
Understanding How To Write A Compliant CAPAs
Mastering the Candidate Experience in Talent Acquisition.
4-Hour Virtual Seminar on Transformational Leadership - The…
Uplifting the Credibility of HR: How to Build the Credibili…
Treasury Risk Management, Funding, Liquidity, Interest Rate…
Courts No Longer Have to Give Deference to Agency’s “Expert…
21 CFR Part 820 - Quality System Regulation - Applying Prin…
Building Fair Chance Hiring Policies in 2024
HIPAA Bootcamp for Health Care Providers, Professionals, an…
Building GMP Excellence: A Guide to Implementing Compliant …
FDA Technology Modernization Action Plan (TMAP) and Impact …
Weathering the Storm: Navigating Resource Constrained Waters
How to Survive an Emotionally Toxic Workplace
21 CFR Part 11 - Compliance for Electronic Records and Sign…
Excel Power Skills: Master Functions, Formulas, and Macros …
How to Give Corrective Feedback: The CARE Model - Eliminati…
SOPs - How to Write Them to Satisfy those Inspectors
2-Hour Virtual Seminar on the 6 Most Common Problems in FDA…
Understanding the Artificial Intelligence Landscape
Employee Handbook Requirements for 2024. Includes Updated F…
Essential Job Functions According to the American with Disa…
Stay Interviews: A Powerful and Low-Cost Employee Engagemen…
FDA Audit Best Practices - Do's and Don'ts
Engineering Change Management (ECM)
Batch Record Review and Product Release
Workplace Investigations 101: How to Conduct your Investiga…