Budgets and Financial Reports

Module One: Getting Started
Course Objectives
 
Module Two: Glossary
What Is Finance
Commonly Used Terms
Key Players (People, Jobs)
Important Finance Organizations
Understanding GAAP
 
Module Three: Understanding Financial Statement
Balance Sheets
Income Statements (AKA Profit And Loss Statements)
Statement Of Retained Earnings
Statement Of Cash Flows
Annual Reports
 
Module Four: Analysing Financial Statements, Part One
Income Ratios
Profitability Ratios
Liquidity Ratios
Working Capital Ratios
Bankruptcy Ratios
 
Module Five: Analysing Financial Statements, Part Two
Long Term Analysis Ratios
Coverage Ratios
Leverage Ratios
Calculating Return On Investment (ROI)
 
Module Six: Understanding Budgets
Common Types Of Budgets
What Information Do I Need?
Who Should Be Involved?
What Should A Budget Look Like?
 
Module Seven: Budgeting Made Easy
Factoring In Historical Data
Gathering Related Information
Adjusting for Special Circumstances
Putting It All Together
Computer Based Methods
 
Module Eight: Advanced Forecasting Techniques
Using the Average
Regression Analysis
Extrapolation
Formal Financial Models
 
Module Nine: Managing the Budget
How to Tell If You’re on The Right Track
Should Your Budget Be Updated?
Keeping A Diary of Lessons Learned
When To Panic
 
Module Ten: Making Smart Purchasing Decisions
10 Questions You Must Ask
Determining the Payback Period
Deciding Whether to Lease Or Buy
Thinking Outside the Box
 
Module Eleven: A Glimpse into The Legal World
A Brief History
The Sarbanes Oxley Act
CEO/CFO Certification
Thinking Outside the Box
 
Module Twelve: Wrapping Up
Words from the Wise
Lessons Learned