Purchase any WEBINAR and get
10% Off
CODE: SAVE10
T&C applicable, please referFAQ
Validity : 18th Nov'24 to 28th Nov'24
Finance & Accounting 101 Simplified Three Courses in One!
What You Will Learn:
- 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 type of transactions in every company
- Simple comparison of business to personal financial statements
- Simple meaning of finance and accounting
- Simple meaning of cash vs. accrual accounting
- Simple explanation of debits and credits with actual exercises to illustrate their application in transforming transactions to statements
- Simple examples of accounts and how transactions are recorded using debits and credits with actual attendee exercises and sample transactions
- Simple explanation of double entry accounting and why it is key to the process of accounting accuracy
- Key tools to understand and analyse 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 refreshed for financial professionals
Overall, you will lean in simple to understand and apply tools and techniques how business financial transactions are transformed to financial statements.
Overview of the webinar
Three related Finance & Accounting topics are presented in this Webinar:
Making of Financial Statements:
- Transforming transactions to statements.
- Interactive exercises to illustrate accounting process.
- Overview of 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.
Learn the entire accounting process using six generic transactions. Learn how financial transactions are transformed to statements.
Who should attend?
- Internal Auditors
- Financial Managers
- Purchasing and Procurement Managers
- Operational Managers
- Budget Manager
- Financial Explorer
Why should you attend?
Non- Financial professionals need the skills and tools to analyse 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 and apply tools and technique.
Faculty - Mr.Carl Young
Carl Young is an Author, Speaker, Trainer, Consultant & Coach. He holds an MBA and completed graduate studies in Accounting and Taxations. He is a former CFO of a 275M High growth technology-based company. He has over 25 years of senior-level business management experience. He has over 25 years of training experience in finance, accounting and business management. Former CEO of his own small parts manufacturing company. Former Senior Financial Associate of a major consulting firm.
He is a member of the American Society of Corporate Controllers. Member of the Council of Experts of the investment firm Gerson & Lehrman. Member of the Society of Industry Leaders sponsored by Standard & Poors. Member of the National Association of Accountants.
An engaging & entertaining speaker and trainer who draws from his experiences as a former CFO to make relevant teaching points. Sessions are rich in content, lively, full of energy and include lots of audience interaction. He has branded himself Mr Simplicity. His goal is to make finance & accounting relevant to non-financial professionals with tools & techniques that are simple to understand and apply.