Budgets and Financial Reports
Budgets and Financial Reports
Power Skills | Supervisors & Managers
About This Course
When terms like ROI, EBIT, GAAP, and extrapolation join the conversation, you'll want to know what people are talking about, and you'll want to be able to participate in the discussion. The Budgets And Financial Reports workshop will give you a solid foundation in finance. We'll cover commonly used terms, financial statements, budgets, forecasting, purchasing decisions, and economic legislation. Module One: Getting Started 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: Analyzing Financial Statements, Part One Income Ratios Profitability Ratios Liquidity Ratios Working Capital Ratios Bankruptcy Ratios Module Five: Analyzing 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 Duration: 1-2 day in-house workshop with an expert trainer, dependent on your needs (in-person or online)
Policies
Quotations: Quotes are valid for 30 days only. Payments: Payments are due within 30 days from the invoice date if you have an approved account with ht+a, alternately according to any written agreement between ht+a and the Customer, failing which payment is due immediately upon receipt of the invoice. Confirmation: Delegate placements on public courses or scheduling of in-house courses will only be confirmed once payment, an approved purchase order or a signed quotation/agreement is received. All Events: It is the customer's responsibility to ensure they have a stable and active internet connection with suitable equipment (computer or smartphone) to join video calls (where applicable) and access course materials and tests. ht+a's sustainability policy includes not providing printed course materials, including for in-person events, however, customers may choose to print their course materials if desired. In-Person Public Events: The course fee includes the event venue, coffee, refreshments, and lunch. It does not include hotel rooms or travel expenses. ht+a will share the discounted group rate for hotel accommodation with you when available and recommends booking between 2 and 3 weeks prior to each event for rates and flexibility. ht+a is not liable for travel expense losses due to cancellation by either party, weather, flight delays, or other unforeseen circumstances. In-Person In-House Events: Pricing assumes the training will take place at the client's location and ht+a will not provide any catering. The Client will ensure that the training room will be equipped with all necessary tools including flip charts, markers, video projectors/screens, and appropriate furnishings. Publications: The price for certain courses includes the official VDA QMC publication and shipping thereof. Please note that additional local customs or delivery fees are for the customer's account and ht+a will not be responsible for these fees. Certificates: Certificates for VDA QMC courses will only be issued once full payment is received. Certificates for ht+a courses will be automatically issued upon completion of course requirements.