Finance & Accounting 101 Simplified: Understanding Financial Statements and Key Business Ratios

OVERVIEW
Three related Finance & Accounting courses are presented in this Webinar:

Making of Financial Statements:
• Transforming transactions to statements
• Interactive exercises to illustrate the basic concepts of financial accounting
• Overview of entire accounting process in simple to understand steps

Understanding & Analyzing Financial Statements
• Overview of three required financial statements
o Balance Sheet
o Income Statement
o 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 finance & accounting 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.

WHY SHOULD YOU ATTEND

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. There are several myths about accounting that must be overcome to understand the basic concepts of financial accounting and how transactions are transformed into statements.

These myths are converted to meaning. Doubt and uncertainty about financial and managerial accounting are removed with simple to understand and apply tools and techniques.

AREAS COVERED

• The overall connection of financial transactions to required statements of:
o Balance Sheet
o Income Statement
o Cash Flow Statement
• The basic concepts of financial accounting and the concepts and principles used to transform transactions
• Components of each financial statement using sample statements
• Six generic type of transactions in every company
• Simple comparison of business to personal financial statements
• Simple meaning of financial and managerial accounting
• Simple meaning of cash vs. accrual accounting
• Simple explanation of debits and credits with actual exercises to illustrate their application in transforming transactions to statements
• Simple examples of accounts and how transactions are recorded using debits and credits with actual attendee exercises and sample transactions
• 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 how business financial transactions are transformed to financial statements. I guarantee it!

LEARNING OBJECTIVES

Combines three essential finance & accounting webinars/courses into one - Making Financial Statements, Understanding & Analyzing Financial Statements, and Essential Ratios: the Road to Profits & Productivity. This composite course covers all the essential elements of these courses.

Attendees receive a review and understanding of all essential elements of Finance & Accounting 101 simplified in this one composite course. An important course for non-financial professionals seeking to obtain a composite knowledge of the tools & techniques of finance & accounting in one composite webinar. Also an important course for financial professionals seeking to refresh their finance & accounting body of knowledge!

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 from this refresher. Primary focus is on Non-Financial Professionals. It is Accounting 101 made simple!!

SPEAKER

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.

Use Promo Code TDES20 and get flat 20% discount on all purchases.

To Register (or) for more details please click on this below link:

https://bit.ly/2JrtKTw

Email: [email protected]

Toll Free: +1-888-300-8494

Tel: +1-720-996-1616

Fax: +1-888-909-1882

Others Details

Basic concepts of financial accounting explained for finance as well as non-finance professionals. Learn about financial statements and business ratios that lead to profitability and productivity.