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 sheets
Income statements (AKA Profit and Loss Statements)
Statement of retained earnings
Statement of cash flows
Annual reports
Case Study
Income ratios
Profitability ratios
Liquidity ratios
Working capital ratios
Bankruptcy ratios
Case Study
Long term analysis ratios
Coverage ratios
Leverage ratios
Calculating return on investments (RIO)
Case Study
Common types of budgets
What information do I need?
Who should be involved
Creating meeting arrangements
Case Study
Factoring in Historic data
Gathering related information
Adjusting for special circumstances
Putting it all together
Computer based methods
Case Study
Using the average
Regression analysis
Extrapolation
Formal financial models
Case Study
How to tell if you are on track
Should your budget be updated?
Keeping a diary of lessons learned
When to panic
Case Study
10 questions you must ask
Determining the payback period
Deciding whether to lease or buy
Thinking outside the box
Case Study
A brief history
The Sarbanes – Oxley Act
CEO/CFO Certification
8th company law directive
Case Study
