Non-financial professionals need the skills and tools to analyze financial statements in the management control and application of 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 to meaning. Doubt and uncertainty about accounting are removed with simple-to-understand and applied tools and techniques.
WHY SHOULD YOU ATTEND?
Three related Finance & Accounting courses 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 & Analysing Financial Statements
- Overview of three required financial statements
- Balance Sheet
- Income Statement
- Cash Flow Statement
- Key positive elements & red flags
- Using statements as the basis for key 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 key financial decisions
These three separate 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. Attendee exercises & participation are used to reinforce training. All essential elements of finance & accounting are covered in this webinar which is three courses in one.
AREA COVERED
- 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 in simple to understand and apply tools and techniques on how business financial transactions are transformed into financial statements. I guarantee it!
WHO WILL BENEFIT?
- This Webinar is primarily designed for all Non-Financial Professionals who have the management and control of resources
- Financial professionals can also benefit as a refresher
- The primary focus is on Non-Financial Professionals
- It is Accounting 101 made simple!!
Three related Finance & Accounting courses 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 & Analysing Financial Statements
- Overview of three required financial statements
- Balance Sheet
- Income Statement
- Cash Flow Statement
- Key positive elements & red flags
- Using statements as the basis for key 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 key financial decisions
These three separate 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. Attendee exercises & participation are used to reinforce training. All essential elements of finance & accounting are covered in this webinar which is three courses in one.
- 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 in simple to understand and apply tools and techniques on how business financial transactions are transformed into financial statements. I guarantee it!
- This Webinar is primarily designed for all Non-Financial Professionals who have the management and control of 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 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
Updated Metro 2®, e-OSCAR and the New Tougher FCRA/CFPB Com…
Conquer Toxic People - Learn To Protect Yourself And Get Yo…
Introduction to Generative AI for Accountants
Dealing With Difficult People In Life & Work
Surviving and Thriving Organizational Change and Loss: The …
Impact Assessment and Risk Management for Change Control
How to Write Effective Audit Observations: The Principles f…
Excel Deep Dive: Advanced Tips & Techniques – A 3-hour Work…
FDA Regulation of Artificial Intelligence/ Machine Learning
Coming Soon - New Minimum Salary Levels for Exempt Employee…
Marijuana: Compliance and Safety in the Workplace
Stressed Out: How to Handle Conflict, Difficult People and …
2025 Top Employment Regulations That Will Impact Employers!
How to Handle Workplace Conversations Around Politics and R…
Data Integrity: Compliance with 21 CFR Part 11, SaaS-Cloud,…
How to Give Corrective Feedback: The CARE Model - Eliminati…
Improving Employee Engagement & Retention Through Stay Inte…
SOPs - How to Write Them to Satisfy those Inspectors
Why EBITDA Doesn't Spell Cash Flow and What Does
Marketing to Medicare or Medicaid Beneficiaries - What You …
With Mandatory Paid Leave Gaining Ground Is It Time To Do A…
Human Error Reduction Techniques for Floor Supervisors
Documenting Misconduct that Will Stand Up in Court
Tattoos, hijabs, piercings, and pink hair: The challenges …
Trial Master File (TMF)/eTMF, & FDAs Draft Guidance for Ele…
Project Management for Non-Project Managers - How to commun…
OSHA Requirements for Supervisors, Project Leaders & HR - W…
Unlock Employee Loyalty: Stay Interviews Will Keep Them Eng…
Sunshine Act Reporting - Clarification for Clinical Research
FFIEC BSA/AML Examination Manual: What Compliance Officers …
Female to Female Hostility @Workplace: All you Need to Know
Humane Layoffs: How to Let People Go with Compassion and De…
Onboarding is NOT Orientation - How to Improve the New Empl…
Managing Toxic & Other Employees Who Have Attitude Issues
Building GMP Excellence: A Guide to Implementing Compliant …
Excel Power Skills: Master Functions, Formulas, and Macros …