This seminar is designed for presidents and vice presidents, accountants, business owners and managers, attorneys, executive directors, lenders, office managers and support staff, financial executives, bankers, insurance professionals and credit and financial analysts.
Your organization depends on you to make sound management decisions daily. However, without a firm grasp of key financial concepts, some of your decisions could be less than well-informed. Today’s competitive business environment has no forgiveness for the slightest of error.
This one-day seminar is designed to provide you with the practical knowledge and skills you need to better understand your organization’s financial position. More importantly, you can better ensure your company’s competitiveness through a more precise decision-making process. This seminar combines the experience of two Nevada professionals ready to share their extensive financial knowledge with you in an interactive setting.
Key topics covered will include:
• Crucial Terms And Definitions (Also Listed In The Manual For Your Future Reference!)
• Accrual Accounting And Alternatives: Especially Beneficial To Private Businesses
• Audited vs. Unaudited Financials
• Financial Statements Including Balance Sheets, Income Statements, Owner’s Equity Statements, Cash Flow Statements, Footnotes To Financial Statements, And Supplemental Schedules
• When To Use Financial Statement Analysis
• Ratios And How To Use Them
• A Case Study To Help You Put All This Information Together
8:30 a.m. - 9:50 a.m.
I. Orientation And Overview
A. Terms And Definitions
B. The Importance Of Financial Statements
C. Accrual Accounting And Alternatives
D. GAAP: Who, What, Why, How
E. Audited vs. Unaudited Financial Statements
F. A Word About Financial Statement Fraud
9:50 a.m. - 10:00 a.m.
10:00 a.m. - 11:20 a.m.
II. Financial Statements “Plus”
A. The Balance Sheet
B. The Income Statement
C. The Owner’s Equity Statement
D. The Statement Of Cash Flows
E. Footnotes To Financial Statements
F. Supplemental Schedules
11:20 a.m. - 12:30 p.m.
III. When To Use Financial Statement Analysis
A. Loan Requests
B. Product Lines And Business Segments
C. Business Combinations And Purchases
12:30 p.m. - 1:30 p.m.
Lunch (On Your Own)
1:30 p.m. - 2:50 p.m.
IV. Ratios And How To Use Them
A. Common Ratios
B. Applied Ratio Analysis
C. Recognizing And Responding To Performance Factors
2:50 p.m. - 3:00 p.m.
3:00 p.m. - 4:30 p.m.
V. Putting It All Together: A Case Study