Seminar # 1632

Small Business Financial Management

Over 100,000 executives have mastered the numbers side of their jobs. Don’t let the fear of finance set you back. No matter how effective your management style or how innovative your ideas, your performance will be measured in dollars and cents. This seminar shows you the concepts, techniques and tools that can help you make each decision pay off.

BENEFITS OF ATTENDING

Make informed decisions with a working knowledge of the numbers end of business
Gain a new sense of confidence when dealing with financial professionals
Understand the business dynamics of dollars and cents-and take initiatives that optimize results in line with short and long-term goals
Take the guesswork out of your decision making and deliver the results you need
Cultivate proactive working relationships and enhance your value
Learn how to “think finance” and translate various measures of performance into financial terms.

TOPICS COVERED

Basic accounting principles
Accounting conventions and guidelines
Key finance terms: assets, liabilities, capital, depreciation, capitalization, current ratio and others
The accounting process: journals and ledgers, how debits and credits work
Working rules regarding your corporate financial statements
Balance sheet, assets and liabilities
Analyze the income statement to assess revenues and expenses
The statement of cash flow: sources and uses of funds
Content and format of the annual report
Debt vs. equity financing
Profit-planning tools, break-even analysis, financial forecasting and budgetary controls
Cash flow and how it’s applied
Elements of cost accounting
Analyze payback method, discounted cash flow, present value and present value index in making capital investment decisions
Criteria for examining the performance of divisions and product lines