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 are valid for 60 days. Website pricing is subject to change without prior notice. Payment is due within 30 days, or as specified for approved accounts with written agreements with ht+a, alternatively it is due upon receipt of an invoice. All bank charges for forex transactions are to be borne by the client. 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. For in-person public courses, the fee includes the event venue, coffee, refreshments, and lunch. It does not include accommodation or other travel expenses. ht+a will share accommodation discount options with you if available and recommends booking 2 weeks before an event to ensure the event is a confirmed go-ahead. ht+a is not liable for travel expense losses due to cancellation by either party, weather, flight delays, or other unforeseen circumstances. For in-person in-house courses, unless otherwise specified, pricing assumes the training will take place at the client's location and ht+a will not provide catering. The Client will ensure that the training room will be equipped with all necessary tools including flip charts, markers, video projectors/screens, appropriate furnishings and ample electrical outlets. Sustainability & Materials: - Delegates require an email address and a stable and active internet connection with suitable equipment (computer, smartphone or tablet) to access course materials and, where applicable, to complete online tests and join live video calls. - Printed course materials will not be provided, including for in-person or in-house events. Customers may print their course materials if desired. - ht+a no longer provides publications (textbooks) as part of the course fee. It is the customer's responsibility to procure any supplementary material either as an add-on from ht+a (payment is required in advance), OR from the VDA (https://shorturl.at/fbHJs) or the AIAG (https://shorturl.at/z73jg) directly (all corresponding shipping and duties will be for the customer's account). Due to copyright, ht+a does not provide digital copies of publications. - Digital certificates will be provided. 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. Customers may print their certificate if desired.