Learn and explore the principles of accounting and interpret statements to determine the financial health of an organization. Participants will also learn about the budgeting process.
What You Will Learn:
Interpret and analyze income statements, balance sheet, and statement of cash flows using ratio analysis.
Determine ways to positively affect cash flow, net income, and the balance sheet.
Learn the steps necessary to create and maintain a useful budget.
- Identify basic processes used to justify capital purchases and/or cost reduction proposals within organizations.
Who Should Attend:
Managers responsible for building or meeting their budgets. Emphasis is placed on enabling the nonfinancial manager to quickly understand the basic principles of accounting, “the language of business.”