Are financial statements a mystery to you? Do all those terms/jargons and formats make your head spin? Do you avoid accounting and Finance conversations because one you are not confident of your finance ability second you find it boring?
Eliminate your fear of accounting! Financial accounting can be fun once the barriers to learning are broken down. By the end of this workshop, you will become a much more confident user of financial information and will be able to effectively engage with your finance counterparts.
Having a solid understanding of financial terms, statements and formats is critical to becoming a successful entrepreneur or manager. In this finance course, you will learn how to interpret and use the information contained in financial statements to make key operating decisions, evaluate business performance, and create forecasts of profits and cash flow.
This course introduces you to the form, content and definitions included in the primary financial statements: income statement, balance sheet, and cash flow statement. You will learn how to use this information to make key operating decisions.
- Understand true meaning of all that tough sounding jargons in lay man’s language
- Able to apply accounting concepts in daily life for personal and professional better results
- How primary financial statements are constructed and what types of information is captured in each statement
- Why cash and profits can differ and how to use that information to effectively manage growth