Budgets & Financial Reports

Budgets & Financial Reports

Module One: Getting Started
• Workshop Objectives
Module Two: Glossary
• What is Finance?
• Commonly Used Terms
• Key Players
• Important Financial Organizations
• Understanding GAAP
Module Three: Understanding Financial Statements
• Balance Sheets
• Income Statements (AKA Profit & Loss Statements)
• Statement of Retained Earnings
• Statement of Cash Flows
• Annual Reports
Module Four: Analyzing Financial Statements (I)
• Income Ratios
• Profitability Ratios
• Liquidity Ratios
• Working Capital Ratios
• Bankruptcy Ratios
Module Five: Analyzing Financial Statements (II)
• Long-Term Analysis Ratios
• Coverage Ratios
• Leverage Ratios
• Calculating Return on Investment (ROI)
Module Six: Understanding Budgets
• Common Types of Budgets
• What Information does 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 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
• 8th Company Law Directive
Module Twelve: Wrapping Up