This seminar will help you to understand the terminology of financial statements, to gain confidence in interacting with others on your management team, and to improve your decision-making ability. Learn to analyze and understand financial information and how to use this information to your advantage.

Course Objectives

• To understand accounting and financial language

• To understand the role and importance of finance in the organization structure

• To develop read and interpret financial statements

 Key Information

 Accounting Basics

• Accounting Equations
  -Assets = Liabilities + Equity

• Elements of the Accounting equation
  -Assets, Liabilities, Equity, Income Expenses

The Basic Financial Statements

•  Income statement, balance sheet and statement of cash
   flows
   - Interrelationships among the statements
   - Understand how various transactions affect these
     statements

• Build a company’s balance sheet

• Complete one accounting cycle

Financial Statement Analysis           

• Performing Financial Ratios
  - Profitability Ratios
  - Asset utilization Rations
  - Liquidity Rations
  - Debit Utilizations Ration

Management of Business Performance

• Management Applications
  - Managing
  - Controlling
  - Decision making
  - External reporting

Benefits of Attending

• Be more valuable to your organization by gaining skills in financial management

• Understand the terminology and methods of your company’s financial managers or consultants

• Gain the confidence this knowledge will bring so you can interact more effectively with others on your team

• Improve your decision-making abilities by utilizing information in financial statements