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 reduce costs and ensure future growth by making sound management decisions. However, without a firm grasp of key financial concepts, your decisions could be having a negative impact on your organization’s bottom line, and in today’s competitive business environment, this can put your company at a significant disadvantage. This one-day seminar is designed to provide you with the practical knowledge and financial skills you need to understand the financial implications of your decisions, and more importantly, ensure your company remains competitive through a more precise decision-making process. Specifically, you will learn how to:
• Read And Understand Basic Financial Statements
• More Accurately Determine Your Organization’s Financial Position
• Grasp Major Concepts Of Accounting And Financial Statement Analysis
• Develop Profitable Business Strategies
8:30 a.m. - 9:35 a.m.
A. Why Financial Statements Are Important
B. Basic Terminology And Definitions
C. Cash vs. Accrual Accounting
D. Generally Accepted Accounting Principals
E. Overview Of The Four Basic Financial Statements
9:35 a.m. - 9:45 a.m.
9:45 a.m. - 12:00 p.m.
II. Understanding The Four Basic Financial Statements: What Can They
A. Balance Sheet
B. Income Statement
C. Owner’s Equity Statement
D. Statement Of Cash Flows
12:00 p.m. - 1:00 p.m.
Lunch (On Your Own)
1:00 p.m. - 2:30 p.m.
III. Using Financial Statements To Make Key Management Decisions
A. Understanding Key Financial Ratios
B. Ratio Analysis
D. Break-Even Analysis
E. Contribution Analysis
F. Recognizing And Responding To Key Performance Factors
G. Evaluating Your Company’s Position In The Marketplace
H. Enhancing Future Profitability
2:30 p.m. - 2:40 p.m.
2:40 p.m. - 3:30 p.m.
IV. Making Investment Decisions
A. Determining A Company’s Future Profitability
B. Valuing A Company’s Share Price
C. Risk, Intangibles, And Other Factors
3:30 p.m. - 4:30 p.m.
V. Putting It All Together: A Case Study
A. Review Financial Statements