Course Description
In this full day live instructor-led class, you will examine financial statementsóincluding the balance sheet, income statement, cash flow statement, and statement of stockholders' equity as guides to fiscal health. You will also identify what you want to gain from a budget and describe the steps of budgeting to meet these goals. Finance and Budgeting Essentials for Business Professionals grounds you in the functions and tools of finance.
Course Outline
Lesson 1: Reviewing Financial Basics
- Topic A: Identify the Benefits of Finance
- Topic B: Describe Financial Statements
Lesson 2: Interpreting Balance Sheets
- Topic A: Identify Elements of Balance Sheets
- Topic B: Analyze a Balance Sheet
Lesson 3: Interpreting Income Statements
- Topic A: Identify Elements of Income Statements
- Topic B: Analyze an Income Statement
Lesson 4: Interpreting Other Financial Statements
- Topic A: Read Cash Flow Statements
- Topic B: Read Statements of Stockholdersí Equity
- Topic C: Read Notes to Financial Statements
- Topic D: Identify Elements of Financial Statements for Non-Profits
Lesson 5: Planning a Budgeting Approach
- Topic A: Describe Budgeting Principles
- Topic B: Choose What and How to Budget
Lesson 6: Utilizing Budgets
- Topic A: Prepare an Operating Budget
- Topic B: Prepare an Activity-Based Budget
- Topic C: Monitor a Budget
Course Objectives
- Describe the importance and major elements of financial statements.
- Use balance sheets to determine the assets a company has at its disposal.
- Interpret income statements to identify corporate earnings, expenses, and profitability.
Course Prerequisites
There are no prerequisites for this course.
Course Information
Length: 1 day
Format: Lecture and Lab
Delivery Method: n/a
Max. Capacity: 16
Schedule
Contact Us
Do you have more questions? We're delighted to assist you!
Who Should Attend
All business professionals who want to learn more about business finance.