Three related Finance & Accounting topics 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 & Analyzing Financial Statements
- Summary of three required financial statements
- Key positive elements & red flags
- Using statements as the basis for crucial 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 critical financial decisions
These three 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.
WHY SHOULD YOU ATTEND?
Non-Financial professionals need the skills and tools to analyze financial statements in managing control and applying 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 into meaning. Doubt and uncertainty about accounting are removed with a simple understanding and applying tools and techniques.
LEARNING OBJECTIVES
- 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 simple to understand and apply tools and techniques on how business financial transactions are transformed into financial statements.
WHO WILL BENEFIT?
This Webinar is primarily designed for all Non-Financial Professionals who manage and control resources. Financial professionals can also benefit as a refresher. The primary focus is on Non-Financial Professionals. It is Accounting 101 made simple!!
Non-Financial professionals need the skills and tools to analyze financial statements in managing control and applying 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 into meaning. Doubt and uncertainty about accounting are removed with a simple understanding and applying tools and techniques.
- 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 simple to understand and apply tools and techniques on how business financial transactions are transformed into financial statements.
This Webinar is primarily designed for all Non-Financial Professionals who manage and control resources. Financial professionals can also benefit as a refresher. The primary focus is on Non-Financial Professionals. It is Accounting 101 made simple!!