The simple understanding of:
1.Cash vs. accrual basis accounting
2.Accounting concepts and building blocks
3.Core components of financial statements
4.Analyzing financial statements as the language of business
Review of five essential categories of ratios to measure the impact of:
Essential essence and utilization:
3.Free Cash Flow
This webinar provides this simple platform and moves the many myths about accounting and financial statements too simple to understand and apply tools and techniques. Special emphasis is placed on the understanding of the various terms used. These financial statements are considered the language of business and the means and methods by which the financial health of the company is conveyed to the owners, managers, and stakeholders. This webinar will provide you a good sound working knowledge of financial statements and substantially enhance your ability to use them in the management of resources, improving the profits and productivity of your company.
All non-financial professionals are challenged in today’s business environment to manage and ensure full and efficient utilization of limited resources to improve profits and productivity and achieve overall business success. This requires as a foundation the understanding & analysis of financial statements. Financial transactions of a business are transformed through an accounting process to three key and required financial statements, they are:
The ability to understand and analyze financial statements is key and relevant to making sound business decisions. One essential key is the understanding of the different terms, tools, and techniques used in the process of preparing these statements. Non-financial professionals find this a conflicting challenge and need a simple framework for understanding & analyzing these statements.