Making of Financial Statements: Accounting 101

Overview

All business produces financial transactions. These transactions are transformed into three financial statements that indicate the financial results produced from these transactions. Results are expressed in required statements: Balance Sheet, Income Statement, and Cash Flow Statement. These statements provide the language that communicates the financial health of the company to its managers and stakeholders The transformation process is called accounting and viewed by most non-financial professionals as a complicated scientific process that is difficult to comprehend.

This finance manager training webinar converts that myth to real meaning and indicates how transactions are transformed into financial statement in simple easy to understand and apply tools and techniques using interactive exercises and examples.

I guarantee you will be amazed and impressed at how simple it is to understand the process of transforming transactions into statements!

Why Should You Attend

• Destroy common that accounting is complicated
• Add useful meaning to the concept of accounting
• Learn useful concepts & tools easy to understand & apply
• Learn via simple interactive exercise how financial statements are made
• Grasp the entire concept of accounting 101 in 90 minutes
• Greatly enhance your knowledge of finance & accounting as a non-financial professional
• Enhance your ability to use financial statements with the increased knowledge of how they are created in simple tools & techniques

Areas Covered in this Webinar

• Business/financial transactions used in accounting
• Generic definitions
• Comparison to personal transactions
• How transactions are classified, recorded, summarized and reported using simple terms and interactive exercises
• Review of the completed financial statements

Learning Objectives

• Review of business/financial transactions
• Process for transforming to financial statements
• Simple overview of the transformation process
• Review of financial statements
• 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
• Generic type of transactions in every company
• Simple comparison of business to personal financial statements
• Simple meaning of finance and 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

Who Will Benefit

Non- financial professionals interested in learning in simple to understand and apply terms tools & techniques how financial transactions into financial statements

Financial professionals that need a refresher

For more detail please click on this below link: http://bit.ly/2qfmJtJ

Email: [email protected]

Toll Free: +1-844-746-4244

Tel: +1-516-900-5515

Fax: +1-516-900-5510

Others Details

This finance manager training will enhance your ability to use financial statements and offer useful tools easy to understand and apply. Register now!