Finance & Accounting 101 Simplified

Three related Finance & Accounting topics are presented in this Webinar: -

Making of Financial Statements: 

• Transforming transactions to statements
• Interactive exercises to illustrate the accounting process
• Overview of the entire accounting process in simple-to-understand steps

Understanding & Analyzing Financial Statements

• Summary of three required financial statements
• Key positive elements & red flags
• Using statements as the basis for crucial 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 critical financial decisions

A 90-minute webinar on composite tools and techniques, designed to provide a clear and practical understanding of finance and accounting using easy-to-apply methods. Learn the entire accounting process using six generic transactions. Learn how financial transactions are transformed into statements.

Non- Financial professionals need the skills and tools to analyze financial statements in the management control and application of resources for which they are responsible. Several myths about accounting 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 techniques.

• 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 types of transactions in every company
• A simple comparison of business to personal financial statements
• The simple meaning of finance and accounting
• The simple meaning of cash vs. accrual accounting
• A simple explanation of debits and credits with actual exercises to illustrate their application in transforming transactions into statements
• Simple examples of accounts and how transactions are recorded using debits and credits with actual attendee exercises and sample transactions
• A simple explanation of double-entry accounting and why it is key to the process of accounting accuracy
• Key tools to understand and analyze 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 refresher for financial professionals

Overall, you will learn simple to understand and apply tools and techniques on how business financial transactions are transformed into financial statements.

Finance and accounting are foundational to the success and sustainability of any organization, providing essential insights into financial health, performance, and strategic potential. However, these areas are often perceived as complex, especially for individuals without a formal background in financial management. A 90-minute webinar on composite tools and techniques, designed to provide a clear and practical understanding of finance and accounting using easy-to-apply methods.