Budgets and Financial Reports

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Introduction

  1. Course Objectives

Module 1

  1. Glossary
  2. What is Finance?
  3. Commonly Used Terms
  4. Key Players
  5. Important Financial Organizations
  6. Understanding GAAP
  7. Knowledge Check

Module 2

  1. Understanding Financial Statements
  2. Balance Sheets
  3. Income Statements (AKA Profit & Loss Statements)
  4. Statement of Retained Earnings
  5. Statement of Cash Flow
  6. Annual Reports
  7. Knowledge Check

Module 3

  1. Analyzing Financial Statements (I)
  2. Income Ratios
  3. Profitability Ratios
  4. Liquidity Ratios
  5. Working Capital Ratios
  6. Bankruptcy Ratios
  7. Knowledge Check

Module 4

  1. Analyzing Financial Statements (II)
  2. Long-Term Analysis Ratios
  3. Coverage Ratios
  4. Leverage Ratios
  5. Calculating Return on Investment (ROI)
  6. Knowledge Check

Module 5

  1. Understanding Budgets
  2. Common Types of Budgets
  3. What Information Do I Need?
  4. Who Should Be Involved?
  5. What Should a Budget Look Like?
  6. Knowledge Check

Module 6

  1. Budgeting Made Easy
  2. Factoring in Historical Data
  3. Gathering Related Information
  4. Adjusting for Special Circumstances
  5. Putting It All Together
  6. Computer Based Methods
  7. Knowledge Check

Module 7

  1. Advanced Forecasting Techniques
  2. Using the Average
  3. Regression Analysis
  4. Extrapolation
  5. Formal Financial Models
  6. Knowledge Check

Module 8

  1. Managing the Budget
  2. How to Tell If You’re on Track
  3. Should Your Budget be Updated
  4. Keeping a Diary of Lessons Learned
  5. When to Panic
  6. Knowledge Check

Module 9

  1. Making Smart Purchasing Decisions
  2. 10 Questions You Must Ask
  3. Determining the Payback Period
  4. Deciding Whether to Lease or Buy
  5. Thinking Outside the Box
  6. Knowledge Check

Module 10

  1. A Glimpse into the Legal World
  2. A Brief History
  3. The Sarbanes-Oxley Act
  4. CEO/CFO Certification
  5. 8th Company Law Directive
  6. Knowledge Check

Assessment

  1. Post-Test
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