Don't Let Financial Statements Intimidate You: Learn Basic Business Accounting
Duration: 90 minutes
Speaker: William R. Kay, MBA
You are an effective businessperson, but are you familiar with basic business accounting? In this webinar, you will learn the language of finance and accounting; how to read balance sheets and income statements to determine the financial health of your business and your competitors' companies ; how to analyze retained earnings and cash flow statements; how to calculate key financial ratios, and more. You will engage in interactive exercises and be provided with relevant examples of financial statements that will help to reinforce learning and keep the session interesting and fun.
Agenda:
1. Introduction to the Key Financial Statements
- The Balance Sheet
- The Income Statement
- The Cash Flow Statement
- Statement of Retained Earnings
- Understanding the Accounting Process
- The Five Types of Accounts and the Sixth if Paid
- How the Financial Statements Work Together
2. Accounting Concepts
- Cash vs. Accrual-Basis Accounting
- Inventory Valuation
- FIFO, LIFO, Weighted Average
- Depreciation Methods
- Straight Line vs. Accelerated
3. Key Business Drivers
- Sales Growth
- Profit Growth
- Gross Margin, Operating Margin, Net Margin
- Return on Assets
- Return on Equity
- EBIT
- EBITDA
Who Should Attend
The webinar has been developed for financial and nonfinancial business owners and managers, sales professionals, vice presidents, marketing, engineering, and project managers, assistant accountants or attorneys, human resource managers, and CEOs, in all industries that need a quick overview of the key elements that financial managers address in order to achieve the business goals of their department or company.
Logistics
- 90-minute webinar (Travel-Free) delivered over the phone and Internet.
- Unlimited listeners per connection - bring the entire department.
- Q&A session with the expert.
This event will be presented live by phone together with a PowerPoint presentation to be viewed on your computer. Internet access is not required for phone-only participants. The PowerPoint slides will be provided shortly before the event. Once you register, you will receive an email which is your receipt and which includes your instructions for dialing in and logging on. You will also receive an email reminder 24 hours before the webinar.
What is a webinar?
A webinar is a live Internet based seminar. Webinars are a way for participants in many different locations to see and hear a presentation and view PowerPoint slides. You can also have your colleagues attend the webinar using one connection.
What kind of equipment do I need?
You will need a computer with an Internet connection (high speed service such as DSL or cable works best) and a telephone.You may listen to the webinar through your computer speakers, in which case you will not need to use a telephone connection. Internet access is not required for phone-only participants, but you will not be able to see the speaker’s slides.
How can I share the webinar with my colleagues who may not be able to attend the event?
CDs of each program will be available for sale and can be shared with your business associates.
Can I get a copy of the PowerPoint slides used in the webinar?
The PowerPoint slides will be available on the materials page link in the confirmation email that will be sent to you no later than the morning of the day a webinar is presented.
How do I ask a question during the webinar? Will my question be answered during the presentation?
A question and answer session will be scheduled at the end of each webinar. You can then ask a question by typing it into the question box that will be provided to you duringthe webinar. You may also ask a question through the telephone connection. As many questions as possible will be answered during the Question and Answer period.