The Budgets And Financial Reports workshop will give you a solid foundation in finance. We"ll cover topics like commonly used terms, financial statements, budgets, forecasting, purchasing decisions, and financial legislation.

  1. 1

    • What Is Finance

    • Commonly Used Terms

    • Key Players (People, Jobs)

    • Important Finance Organizations

    • Understanding GAAP
  2. 2

    • Balance Sheets

    • Income Statements (AKA Profit And Loss Statements)

    • Statement Of Retained Earnings

    • Annual Reports
  3. 3

    • Income Ratios

    • Profitability Ratios

    • Liquidity Ratios

    • Working Capital Ratios

    • Bankruptcy Ratios
  4. 4

    • Long Term Analysis Ratios

    • Coverage Ratios

    • Leverage Ratios

    • Calculating Return On Investment (ROI)
  5. 5

    • Common Types Of Budgets

    • What Information Do I Need?

    • Who Should Be Involved?

    • What Should A Budget Look Like?
  6. 6

    • Factoring In Historical Data

    • Gathering Related Information

    • Adjusting For Special Circumstances

    • Putting It All Together

    • Computer Based Methods
  7. 7

    • Using The Average

    • Regression Analysis

    • Extrapolation

    • Formal Financial Models
  8. 8

    • How To Tell If You"re On The Right Track

    • Should Your Budget Be Updated

    • Keeping A Diary Of Lessons Learned
  9. 9

    • 10 Questions You Must Ask

    • Determining The Payback Period

    • Deciding Whether To Lease Or Buy

    • Thinking Outside The Box
  10. 10

    • A Brief History

    • The Sarbanes Oxley Act

    • CEO/CFO Certification

    • Thinking Outside The Box
  11. 11

    • Words from the Wise

    • Review of Parking Lot

    • Lessons Learned

    • Completion of Action Plans and Evaluations