- OVERVIEW AND WHY SHOULD YOU ATTEND
- AREAS COVERED AND LEARNING OBJECTIVES
- WHO WILL BENEFIT
The statements provide Results of business activity and not the Reasons. To understand the reasons, we must look at relevant ratios. These ratios are standard indications of business reasons and serve as the basis for key business decisions. They are derived from a combination of calculations of components of the financial statements to indicate a unique and universally accepted metric or measurement. We can glean relevant indications of the company’s success from these metrics. They become the “language” through which we understand business activity and we use them to help understand and analyze financial statements and also compare one company to another or one financial period to another.
This Bank & Finance Regulatory Compliance webinar provides an in depth understanding of business and financial activity. It converts the results indicated on financial statements to the reasons needed to improve profits and productivity. They provide the windows into the company and reveal how best to understand and analyze business sand financial activity and make relevant business decisions.
why should you attend
All business professionals need a good working knowledge of financial statements to include how they are created and how they can be used to make key business decisions.
Business/financial transactions are transformed into financial statements through and accounting process. Three required statements are produced:
- Income Statement
- Balance Sheet
- Cash Flow Statement
- How business/financial transactions are transformed into financial statements
- Key components of financial statements
- Simple blocks ad key concepts used in creating statements
- Simple meaning and relevance of accrual basis accounting
- Simple meaning and relevance of finance and accounting
- Key components of ratios used in financial statement analysis:
- Cash impact in all analysis
- The five major categories of relevant rations:
- Profitability to measure gross and net profit
- Efficiency to measure productivity and utilization of resources
- Liquidity to measure ow well financial obligation are being met
- Attendees will take away a simple and solid working knowledge of financial statements and how they can be used to make relevant business decisions. I guarantee it!
- Using relevant ratios as the language of business and the road to relevant business decisions
WHO WILL BENEFIT
- Non-Financial Professionals
- Business Managers
- Resource Managers
- Cost Center Mangers
- Business Owners
- Financial Professionals
Carl Young is an Author, Speaker, Trainer, Consultant, and Coach. He holds a MBA and completed graduate studies in Accounting and Taxation. He is a former CFO of a 275M, high growth technology based company. He has over 25 years of senior level business management experience. In addition, Carl has over 25 years of training experience in finance, accounting and business management. He taught Accounting at the University level for 15 years. Carl Young was the former CEO of his own small parts manufacturing company as well as former Senior Financial Associate of major consulting firm.
Carl is a member of the following organizations: American Society of Corporate Controllers, Council of Experts (investment firm Gersen&Lehrman), Society of Industry Leaders (sponsored by Standard &Poors), and the National Association of Accountants.
He is an engaging and entertaining speaker and trainer who draw from his experience as a former CFO to make relevant teaching points. His sessions are rich in content, lively, full of energy and include plenty of audience interaction. Carl has branded himself as Mr. Simplicity! His goal is to make finance and accounting relevant to non-financial professionals using tools and techniques that are simple to understand and apply.View all trainings by this speaker
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Thank you for the spreadsheet webinar. The webinar was informative and helpful. Although many of the concepts are known and understood by Industrial and Process Engineers, it is always helpful to have a straightforward review. The spreadsheet will be beneficial in being able to help identify areas of risk and areas that may require some attention.
Benchmark Electronics , ******** Engineer
This was a very informative session, it did help my company by raising awareness in areas we lack policies. The only thing I would suggest get added to the session is direct information relating to Accounting, ex. Taxation rules for record retention as they are some records which a company is required to keep indefinitely.
First MCO, ***** Manager
Overall I found the video conference well organized and very informative. The presenter, Ronald Adler, was certainly extremely knowledgeable and presented the subject matter in a well organized, direct and succinct manner. Afford the attendee the ability to track and record paid attendance/activity without a lot of tracking and follow up in order to gather the necessary information required to record the CPEs earned and paid for.
Dynamic Marketing Systems, VP Finance & Human Resources
As this was our first experience, we did not know what to expect. I believe the webinar was informative and to the point, and explained to us the purpose of the I-9, and how the company can be affected by an audit. It really motivated us to review our files and bring them up to date.
Young Transportation, ****Coach****
I have participated in several webinars hosted by Compliance Global on various H&S topics. They are always precise, technologically-oriented, and easy to use and partake in to further my knowledge of current Health and Safety regulations and topics.