Three related Finance & Accounting topics are presented in this Webinar:-
Making of Financial Statements:
- Transforming transactions to statements
- Interactive exercises to illustrate the accounting process
- Overview of the entire accounting process in simple-to-understand steps
Understanding & Analyzing Financial Statements
- Summary of three required financial statements
- Key positive elements & red flags
- Using statements as the basis for crucial 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 critical financial decisions
These three 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.
WHY SHOULD YOU ATTEND?
Non-Financial professionals need the skills and tools to analyze financial statements in managing control and applying resources for which they are responsible. Several myths about accounting must be overcome to gain a basic knowledge of accounting and how transactions are transformed into statements. These myths are converted into meaning. Doubt and uncertainty about accounting are removed with a simple understanding and applying tools and techniques.
LEARNING OBJECTIVES
- 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
- Six Generic types of transactions in every company
- A simple comparison of business to personal financial statements
- The simple meaning of finance and accounting
- The simple meaning of cash vs. accrual accounting
- A simple explanation of debits and credits with actual exercises to illustrate their application in transforming transactions into statements
- Simple examples of accounts and how transactions are recorded using debits and credits with actual attendee exercises and sample transactions
- A 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 simple to understand and apply tools and techniques on how business financial transactions are transformed into financial statements.
WHO WILL BENEFIT?
This Webinar is primarily designed for all Non-Financial Professionals who manage and control resources. Financial professionals can also benefit as a refresher. The primary focus is on Non-Financial Professionals. It is Accounting 101 made simple!!
Non-Financial professionals need the skills and tools to analyze financial statements in managing control and applying resources for which they are responsible. Several myths about accounting must be overcome to gain a basic knowledge of accounting and how transactions are transformed into statements. These myths are converted into meaning. Doubt and uncertainty about accounting are removed with a simple understanding and applying tools and techniques.
- 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
- Six Generic types of transactions in every company
- A simple comparison of business to personal financial statements
- The simple meaning of finance and accounting
- The simple meaning of cash vs. accrual accounting
- A simple explanation of debits and credits with actual exercises to illustrate their application in transforming transactions into statements
- Simple examples of accounts and how transactions are recorded using debits and credits with actual attendee exercises and sample transactions
- A 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 simple to understand and apply tools and techniques on how business financial transactions are transformed into financial statements.
This Webinar is primarily designed for all Non-Financial Professionals who manage and control resources. Financial professionals can also benefit as a refresher. The primary focus is on Non-Financial Professionals. It is Accounting 101 made simple!!
Speaker Profile
Carl Young
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. Carl is a member of the following organizations: American Society of Corporate Controllers, Council of Experts (investment firm …
Upcoming Webinars
Zero Acceptance Sampling to Reduce Inspection Costs
Project Management for Non-Project Managers - How to commun…
Why EBITDA Doesn't Spell Cash Flow and What Does?
FDA Compliance And Laboratory Computer System Validation
Workplace Investigations 101: How to Conduct your Investiga…
Do's and Don'ts of Documenting Employee Behaviour, Performa…
Fostering a Culture of Respect: Eliminating Gossip, Rumour…
Gossip-Free: Leadership Techniques to Quell Office Chatter
Human Error Trends as AI Enters GMP Operations: What QA Lea…
2026 EEOC & Employers: Investigating Claims of Harassment …
Stop Letting Toxic People Control Your Day
AI for Excel Professionals: Enhancing Productivity with Cha…
Building a High-Performance Team in 90 Days
Introduction to Microsoft Power BI Dashboards
Bootcamp for New Managers and Supervisors: Develop These Es…
Dealing with Difficult People: Managing Strong Personalitie…
The Perfect Storm Coming to Healthcare: Value Based Care Me…
Excel - Lists and Tables - A Beginner's Guide to Managing L…
Stop Letting That Difficult Person Ruin Your Day: Effective…
Reinvent Your HR Department with ChatGPT
Using Claude in Excel for Productivity, Automation & Data A…
DOL Reverses Course on Independent Contractor Rule for 2026…
FDA Technology Modernization Action Plan (TMAP) and Impact …
GROUPBY and PIVOTBY functions. Pivot table killers?
Discover how Emotional Intelligence turns AI from a technic…
Sunshine Act Reporting - Clarification for Clinical Research
FDA Recommendations for Artificial Intelligence/Machine Lea…
Cleanroom, Microbiology and Sterility Assurance Practices f…
Faster, Better Talent Acquisition: Leveraging AI & ChatGPT …
Data Integrity and Privacy: Compliance with 21 CFR Part 11,…
FDA Audit Best Practices - Do's and Don'ts
Medical Device Hazard analysis following ISO 14971
Interactive dashboards & analytics in Excel