The goal of this workshop is to give the participant a basic understanding of budgets and financial reports so they can hold relevant discussions and render decisions based on financial data. This course will define key terms like ROI, EBIT, GAAP, and extrapolation. Furthermore, this one-day course will discuss commonly used financial terms, financial statements, budgets, forecasting, purchasing decisions, and laws that regulate the handling of financial information. Before we begin, let us get to know more about each other.
Everyday businesses deal with budgets and financial reports in some form or fashion. At minimum, business managers review budget numbers and run financial reports for decision-making and reporting to shareholders and Federal regulators once a month. Many companies devote the last few months of the calendar year to creating budgets for the next calendar year. In addition, organizations create and disseminate year-end financial reports to investors.
Research has consistently demonstrated that when clear goals are associated with learning, it occurs more easily and rapidly.
In this course, participants are going to achieve the following learning objectives:
Module One: Getting Started
Module Two: Glossary
Module Three: Understanding Financial Statements
Module Four: Analyzing Financial Statements (I)
Module Five: Analyzing Financial Statements (II)
Module Six: Understanding Budgets
Module Seven: Budgeting Made Easy
Module Seven: Review Questions
Module Nine: Managing the Budget
Module Ten: Making Smart Purchasing Decisions
Module Eleven: A Glimpse into the Legal World
Module Twelve: Wrapping Up
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