In this webinar, we will cover three topics related to Finance and Accounting.
 

Making of Financial Statements:

• Transforming transactions to statements
• Interactive exercises to illustrate the accounting process
• Overview of the entire accounting process is simple to understand steps

Understanding & Analyzing Financial Statements

• Overview of three required financial statements
• 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 way.

• 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

Overall you will learn in simple to understand and apply tools and techniques how business financial transactions are transformed to financial statements.

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. There are several myths about accounting that 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 way.

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. It is Accounting 101 made simple!

Note: You will get access to the Recording link and E-Transcript; in your account and at your registered email address.