Financial management and basic accounting knowledge are vital to the success of any leader within a business environment. Learn the basics of accounting and budgeting for business for a new manager or supervisor.
DurationFinancial management and basic accounting knowledge are vital to the success of any leader within a business environment. Learn the basics of accounting and budgeting for business for a new manager or supervisor.
Over the course of this two-day workshop, participants will learn about:
The art of finance and financial management
Key financial terms
Your role in company finances
Where to find the rules and regulations for your area and industry
Various types of financial reports, including income statements, balance sheets, cash flow statements, and statements of retained earnings
How a chart of accounts is created
Cash and accrual accounting
Single and double entry bookkeeping
Debits and credits
Identifying and analyzing important financial data
Making financial decisions
Reading annual reports
Determining whether a company is financially high or low risk
Different types of organizational financial plans
What budgets are and how to prepare them
What computer skills you need to make you a financial whiz
Dealing with financial situations that impact the people that work for you
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