- TypeWebinar
- Location Middletown, Delaware, United States
- Date 28-02-2019
Education/Teaching/Training/Development
Overview
How business/financial transactions are transformed into financial statements
Key components of financial statements
Simple blocks ad key concepts used in creating statements
Simple meaning and relevance of accrual basis accounting
Simple meaning and relevance of finance and accounting
Key components of ratios used in financial statement analysis:
Comparison
Trends
Cash impact in all analysis
The five major categories of relevant rations:
Profitability to measure gross and net profit
Efficiency to measure productivity and utilization of resources
Liquidity to measure ow well financial obligation is being met
Solvency to measure debt encumbrances
Cash the key business success measurement
The simple meaning of all ratio results and how to use them in making business decisions to improve profits and productivity
Why should you attend this webinar?
All business professionals need a good working knowledge of financial statements to include how they are created and how they can be used to make key business decisions.
Business/financial transactions are transformed into financial statements through an accounting process. Three required statements are produced:
1. Income Statement
2. Balance Sheet
3. Cash Flow Statement
The statements provide Results of business activity and not the Reasons. To understand the reasons, we must look at relevant ratios. These ratios are standard indications of business reasons and serve as the basis for key business decisions. They are derived from a combination of calculations of components of the financial statements to indicate a unique and universally accepted metric or measurement. We can glean relevant indications of the company's success from these metrics. They become the "language" through which we understand business activity and we use them to help understand and analyze financial statements and also compare one company to another or one financial period to another.
This webinar provides an in-depth understanding of business and financial activity. It converts the results indicated on financial statements to the reasons needed to improve profits and productivity. They provide the windows into the company and reveal how best to understand
Areas Covered in the Session:
How You Will Learn:
A session includes many attendee activity and engagement
Sample statements are provided and analyzed
Attendees are required to do the actual computation of ratios from the sample statements and will engage in discussion of the value and worth of ratios and how to use them in making business decisions that involve both operations and forecasting
Plenty of time and space for attendee Q & A
Take Aways:
Attendees will take away a simple and solid working knowledge of financial statements and how they can be used to make relevant business decisions. I guarantee it!
Using relevant ratios as the language of business and the road to relevant business decisions
Presentation Format:
PowerPoint Workshop
Attendee handout provided in the same format as presentation
Attendee exercises and examples used to amplify and reinforce teaching points
Attendee Q &A during the session
Thirty (30) minute individual consultation with Trainer if desired
Who can Benefit:
Business Owners & Entrepreneurs
Business Managers
Resource Managers
Sales Personnel
Operations Managers
Finance Associates & Managers
All Non-Financial Professionals responsible for managing resources
CFOs
VPs of Finance & Operations
Visit: https://www.compliancekey.us/webinarDetails?industryId=3&webinarid=1399&speakerid=163
Compliance Key
Register: https://www.compliancekey.us
+1 717-208-8666