Summary

The purpose of this workshop is to provide professionals and decision-makers, who do not possess a strong grounding in finance, an understanding of their firm's financial paradigm. Participants will gain a detailed understanding of critical financial fundamentals and will, as a result, be able to communicate with financial practitioners with more confidence.

Target Audience

This course will appeal to a wide range of audiences and is intended for Business Professionals who intend to earn financial skills.

Skills Gained

Upon completion of workshop participants will be able to:

• Identify the main types of assets, liabilities, and stockholder’s equity in the balance sheet of a corporation
• Identify the principal elements in the income statement of a corporation
• Interpret a statement of cash flows
• Understand how investors and managers use balance sheets, income statements, and cash flow statements to aid their decision making
• Understand how companies make long term capital investment decisions and how decisions can affect the company’s financial result for years to come
• Follow the principal steps in preparing a master budget
• Prepare the operating and the financial budget
• Understand the importance of budgeting to managers
• Calculate break-even sales volume in total dollars and total units
• Understand the types of futures contracts and the meaning of indexes