Budgets And Financial Reports | The Corporate Training School

Description

Money matters can be intimidating for even the smartest people. However, having a solid understanding of basic financial terms and methods is crucial to your career. When terms like ROI, EBIT, GAAP, and extrapolation join the conversation, you'll want to know what people are talking about, and you'll want to be able to participate in the discussion.

The Budgets and Financial Reports workshop will give you a solid foundation in finance. We'll cover topics like commonly used terms, financial statements, budgets, forecasting, purchasing decisions, and financial legislation.

Course Curriculum

Introduction
- Course Objectives ..
Module 1
- Glossary ..
- What is Finance? ..
- Commonly Used Terms ..
- Key Players ..
- Important Financial Organizations ..
- Understanding GAAP ..
- Knowledge Check ..
Module 2
- Understanding Financial Statements ..
- Balance Sheets ..
- Income Statements (AKA Profit & Loss Statements) ..
- Statement of Retained Earnings ..
- Statement of Cash Flow ..
- Annual Reports ..
- Knowledge Check ..
Module 3
- Analyzing Financial Statements (I) ..
- Income Ratios ..
- Profitability Ratios ..
- Liquidity Ratios ..
- Working Capital Ratios ..
- Bankruptcy Ratios ..
- Knowledge Check ..
Module 4
- Analyzing Financial Statements (II) ..
- Long-Term Analysis Ratios ..
- Coverage Ratios ..
- Leverage Ratios ..
- Calculating Return on Investment (ROI) ..
- Knowledge Check ..
Module 5
- Understanding Budgets ..
- Common Types of Budgets ..
- What Information Do I Need? ..
- Who Should Be Involved? ..
- What Should a Budget Look Like? ..
- Knowledge Check ..
Module 6
- Budgeting Made Easy ..
- Factoring in Historical Data ..
- Gathering Related Information ..
- Adjusting for Special Circumstances ..
- Putting It All Together ..
- Computer Based Methods ..
- Knowledge Check ..
Module 7
- Advanced Forecasting Techniques ..
- Using the Average ..
- Regression Analysis ..
- Extrapolation ..
- Formal Financial Models ..
- Knowledge Check ..
Module 8
- Managing the Budget ..
- How to Tell If You’re on Track ..
- Should Your Budget be Updated ..
- Keeping a Diary of Lessons Learned ..
- When to Panic ..
- Knowledge Check ..
Module 9
- Making Smart Purchasing Decisions ..
- 10 Questions You Must Ask ..
- Determining the Payback Period ..
- Deciding Whether to Lease or Buy ..
- Thinking Outside the Box ..
- Knowledge Check ..
Module 10
- A Glimpse into the Legal World ..
- A Brief History ..
- The Sarbanes-Oxley Act ..
- CEO/CFO Certification ..
- 8th Company Law Directive ..
- Knowledge Check ..
Assessment
- Post-Test ..