Programs

How You Will Benefit

• Become grounded in all the principles of corporate finance
• Reduce the risk of financial errors in managerial decision making
• Learn how accounting and bookkeeping work
• Discover the ins and outs of financial statements and what can and cannot be learned from them
• Understand how budgeting fits into the world of accounting and the primacy of cash flow
• Gain greater insight into all the principles of corporate finance, including interest and ROI
• Find out how a firm allocates its funds to investment opportunities
• Gain the skills that will help you make the right buy/lease decisions
• Learn how to take advantage of cash discounts offered by vendors
• Make more profitable sales by understanding fixed vs. variable costs
• Monitor operating results to achieve long-term financial goals

What You Will Cover

• Accounting essentials: booking transactions…cash and accrual methods…assets, liabilities and capital
• Reading annual reports: reading and understanding financial statements…SEC requirements…forms and meanings of the Auditor’s Opinion…the importance of footnotes in financial statements
• Seeing your firm from a finance perspective: the organization as an investment tool…classes of investors…WACC and EVA…the importance of cash and flow timing…leverage and risk
• Evaluating financial statements: computing financial ratios to assess liquidity, profitability, leverage and risk…the DuPont formula…merits and pitfalls of financial ratios
• Operational budgeting: constructing and using budgets…avoiding pitfalls…budgeting techniques, variances and hierarchies
• Time value of money: computing time value for money and applying the mathematics of compound interest and present value
• Capital budgeting: preparing and using capital budgets…applying time value of money…using various mathematical techniques
• How financial markets value a business: value models and financial concepts to enhance shareholder value
• Cost analysis, profit planning and exposures to volume/price risks: categorizing costs to make better decisions…determining break-even levels of quantity, price and cost…understanding “operating leverage”

Who Should Attend

• Experienced managers, general managers and directors
• Vice presidents and top executives in sales, marketing, production and manufacturing
• Those in managerial positions (and up) throughout the organization who need a background in the principles of corporate finance

Note: You’ll need a calculator for this seminar.