August
11
- Friday, August 11
- 1:00 ET
- 10:00 PT
Financial Statements Simplified:
How to Read and Analyze a Balance Sheet, Income Statement & Cash Flow
Simple tools and techniques for understanding and analyzing the three required financial statements
In this 75-minute interactive online training, you will learn how to read and analyze the three required financial statements for any organization:
The Balance Sheet
— which shows what the company owns minus what it owes and the resulting financial strength of the company
The Income Statement
— which indicates the comparison of revenue earned from providing goods and services less the costs or expenses used to provide the goods and services.
The Cash Flow Statement
— which indicates the company’s sources and uses of funds.
Simplified business-finance training for non-finance professionals
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 a foundation in the understanding and analyzing of financial statements.
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 removes the many myths about accounting and financial statements, creating simple-to-understand and apply tools and techniques. Special emphasis is placed on understanding of the various terms used.
On August 11, obtain 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. This webinar has been specifically prepared for the non-financial professional.
Agenda for Financial Statements Simplified
- The framework used in the preparation of financial statements
- The components of each statement and their use in business decisions and resource management
- Understanding of finance and accounting
- Simple understanding of:
- Cash vs. accrual basis accounting
- Accounting concepts and building blocks
- Core components of financial statements
- Analyzing financial statements as the language of business
- Financial statement terminology
- Signs of business financial health
- Financial statement red flags, cautions, and concerns
- Relevant ratios to improve profits and productivity with attendee exercises and engagement
- Essence of ratios, trends, comparisons, and cash in all business analysis and decisions
- Review of five essential categories of ratios to measure impact of:
- Profitability
- Efficiency
- Liquidity
- Solvency
- Cash
- Essential essence and utilization of working capital, cash management, and free cash flow
Interactive Q&A time included
Still having trouble understanding and analyzing your organization’s financial statements? Bring your questions for instructor Carl Young, who can provide answers in simple-to-understand and apply terms.
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. He is also the former CEO of his own small parts manufacturing company, as well as former senior financial associate of a major consulting firm.
Carl Young Author, speaker, trainer, consultant, and coach
Professional Certification Credit Hours Included With This Webinar
Business Management Daily is recognized by SHRM to offer Professional Development Credits (PDC) for SHRM-CP® or SHRM-SCP® recertification activities.
The use of this official seal confirms that this Activity has met HR Certification Institute’s® (HRCI®) criteria for recertification credit pre-approval.
Register now and receive these free bonuses!
Payroll Checklist
Every registrant will receive a copy of Payroll Checklist, a 19-page step-by-step compliance guide detailing every deadline and action item required for every pay period, month, and calendar quarter of the year. Use the checklist as a guide to total payroll compliance for the rest of the year.
A full month of access to PayrollLegalAlert.com
You'll also receive one month of exclusive access to Payroll Legal Alert – our comprehensive online resource with timely advice, helpful articles, forms, tables and charts that will help you improve every aspect of your payroll operation. So that you continue to benefit from Payroll Legal Alert, we will continue your subscription after that for the then current rate, unless you tell us "no, thanks" – your choice.
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