Budgets and Financial Reports
This Finance and Budgeting training courses cover the most aspects of strategic financial management, including: finance, budgeting, cost control, accounting, financial forecasting and financial reporting. Meticulously researched and developed, it meets the high standards of the National Association of States Board of Accountancy (NASBA), the international financial reporting standard.
These carefully designed training courses will support you to fully develop your skills as an effective business manager, and will help your organisation to achieve its own strategic goals in a cost effective and financially efficient way.
Who should attend?
CEO’s, Managers, HR Professionals, Team Leaders, Supervisors
CURRICULUM
- What is finance?
- Commonly used terms
- Key players
- Important financial organizations
- Understanding GAAP
- Case Study
Balance sheetsIncome statements (AKA Profit and Loss Statements)Statement of retained earningsStatement of cash flowsAnnual reportsCase Study Income ratiosProfitability ratiosLiquidity ratiosWorking capital ratiosBankruptcy ratiosCase Study Long term analysis ratiosCoverage ratiosLeverage ratiosCalculating return on investments (RIO)Case Study Common types of budgetsWhat information do I need?Who should be involvedCreating meeting arrangementsCase Study Factoring in Historic dataGathering related informationAdjusting for special circumstancesPutting it all togetherComputer based methodsCase Study Using the averageRegression analysisExtrapolationFormal financial modelsCase Study How to tell if you are on trackShould your budget be updated?Keeping a diary of lessons learnedWhen to panicCase Study 10 questions you must askDetermining the payback periodDeciding whether to lease or buyThinking outside the boxCase Study A brief historyThe Sarbanes – Oxley ActCEO/CFO Certification8th company law directiveCase Study 
