
This lecture will give you an overview of the course, the goals and objectives.
This lecture will provide you some background history, will look at what is a business and what is finance?
In this lecture we will be looking at the key players, the people and their roles and why they need the financial information.
Discussion on Securities Exchange Commission (SEC), AICPA, FASB, GASB.
An Introduction To Generally Accepted Accounting Principles
What is the difference between Accounting and Finance?
Assets, Liabilities, Expenses, Revenue, Owner's Equity.
Overview of Key Financial Statements: Balance Sheet, Profit and Loss Statement, Cash Flow, etc.
The concept and explanation of double entry accounting system and book of accounts.
Double entry transaction analyses and their recordings.
Fiscal year and income statement with an example.
The balance sheet with an example.
What is the statement of cash flows, the flow of money.
An example of the statement of cash flows.
What is the statement of retained earning, the retained income of an organization?
Discussion on annual reports.
Annual report with an example.
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Net Income Increases to Pay Increases |
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Net Income per Employee |
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Net Income to Assets |
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Non-Operating Income to Net Income |
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Operating Income to Wages and Salaries |
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Cash Debt Coverage Ratio |
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Cash Return on Assets |
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Cash Return to Shareholders |
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Contribution Margin Ratio |
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Gross Profit Margin |
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Operating Margin |
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Profit Margin Ratio |
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Current Ratio |
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Acid Test Ratio (Quick Ratio) |
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Cash Ratio |
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Cash Debt Coverage |
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Working Capital |
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Working Capital ratio |
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Working Capital Provided by Net Income |
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Working Capital From Operations to Total Liabilities |
Working Capital to Total Assets Ratio
Retained Earnings to Total Assets Ratio
EBIT to Total Assets Ratio
Sales to Total Assets Ratio
Equity to Debt Ratio
Cash Flow to Debt Ratio
Current Assets To Total Debt
Stockholder's Equity Ratio
Total Debt to Net Worth
Interest Coverage Ratio
Debt-Service Coverage Ratio - DSCR
Asset Coverage Ratio
Calculating Return on Investment
Sales budget
Production budget
Cash Flow/Cash budget
Marketing budget
Project budget
Expenditure budget
Example of a budget format
How to tell if you’re on track
Should your budget be updated
Keeping a diary of lessons learned
When to panic
Using The LOAD Technique
RISK
LIKELIHOOD OF OCCURRENCE
IMPACT
Using the average
Regression analysis
Extrapolation
Formal Financial Models
How can you make smart purchasing decisions, what are different considerations and techniques?
How to calculate payback period, how to make lease or buy decisions and thinking out of the box?
A brief history of the government’s involvement in the financial dealings of corporations in the United States, and the definition of financial regulations and their objectives.
Sarbanes Oxley and some other financial acts, Public Company Accounting Oversight Board, CEO/CFO Certification, 8th Company Law Directive.
This training program is designed for people who do not possess any background knowledge of Financials and Budgeting and would like to have a basic understanding of budgets and financial reports so they can hold relevant discussions and render decisions based on financial data.
This course will define key terms like ROI, EBIT, GAAP, etc, it will also provide understanding of financial statements, budgets, forecasting techniques, purchasing decisions, and laws that regulate the handling and dissemination of financial information.