Finance for Non-Financial People

1 day

Audience

This is a generic Finance Class.  No custom reports are discussed.

Description

We may not be the CEO, but it is still essential that we have a basic understanding of financial reporting.  Many of the decisions we are required to make in business draw on an interpretation of the profit and loss statement, balance sheet, and other critical measures of an organization's health.  This session is designed to shed light on the fundamentals of accounting practice- for the non-financial manager. We will examine key reporting tools and learn how to interpret them. Operating Ratios will be de-mystified and used to guide sound business decision-making and problem solving.

Outline/Table of Contents

Participants will learn:

·   The language of finance.

·   An understanding of the three fundamental financial statements

·   The four core operating ratios that organizations use

·   How to evaluate return on investment.

·   Learn what financial indicators tell us about the course of our business-and what to do about it.

·   To make sound business decisions based on financial reporting measures