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Recorded Human Resources

Finance and Accounting 101 : Best Practices for 2022

RECORDED TRAINING COURSE In this webinar, we will cover three topics related to Finance and Accounting. Making of Financial Statements: Transforming transactions to statements Interactive exercises to illustrate the accounting process Overview of the entire accounting proc...

Date & Time
22 Jul 2022 | 10:00 AM PDT
Duration
90 Minutes
Speaker
Carl Young
Credits
Not accredited
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Purchase Options

  • Watch a recording of the session on demand, available after the live class.
    $99
  • A written PDF transcript of the session, delivered after the live class.
    $99
  • Watch a recording of the session on demand, available after the live class. A written PDF transcript of the session, delivered after the live class.
    $159
  • Downloadable course materials to keep.
    $99
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Webinar Overview

RECORDED TRAINING COURSE

In this webinar, we will cover three topics related to Finance and Accounting. Making of Financial Statements:
  • Transforming transactions to statements
  • Interactive exercises to illustrate the accounting process
  • Overview of the entire accounting process is simple to understand steps
Understanding & Analyzing Financial Statements
  • Overview of three required financial statements
  • Key positive elements & red flags
  • Using statements as the basis for key business decisions
Key Business Ratios as the road to profits & productivity
  • Five categories of essential ratios
  • Calculating ratios from their financial statement source
  • Understanding how to use ratios to make key financial decisions
These three separate webinars are combined into one 90 minute webinar of composite tools & techniques to provide a comprehensive understanding of finance & accounting in simple to understand way.

SESSION HIGHLIGHTS:

  • The overall connection of financial transactions to required statements of Balance Sheet, Income Statement, Cash Flow Statement
  • The basic framework of finance and accounting and the concepts and principles used to transform transactions
  • Components of each financial statement using sample statements
  • Six Generic types of transactions in every company
  • A simple comparison of business to personal financial statements
  • The simple meaning of finance and accounting
  • The simple meaning of cash vs. accrual accounting
  • A simple explanation of debits and credits with actual exercises to illustrate their application in transforming transactions into statements
  • Simple examples of accounts and how transactions are recorded using debits and credits with actual attendee exercises and sample transactions
  • A simple explanation of double-entry accounting and why it is key to the process of accounting accuracy
  • Key tools to understand and analyze financial statements
  • Tools & techniques to understand key financial ratios and how to use them in making key business decisions
Overall you will learn in simple to understand and apply tools and techniques how business financial transactions are transformed to financial statements.

Why You Should Attend:

Non-financial professionals need the skills and tools to analyze financial statements in the management control and application of resources for which they are responsible. There are several myths about accounting that must be overcome to gain a basic knowledge of accounting and how transactions are transformed into statements. These myths are converted to meaning. Doubt and uncertainty about accounting are removed with simple to understand way.

Who Should Attend:

This Webinar is primarily designed for all  Non-Financial Professionals who have the management and control of resources. Financial professionals can also benefit as a refresher. It is Accounting 101 made simple! During the Q&A session following the live event, ask a question, and get a direct response from our expert speaker. Note: You will get access to the Recording link and E-Transcript; in your account and at your registered email address.

Speaker(s)

Carl Young

Carl Young

Top-Rated Compliance Instructor Instructor