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Finance 101: Understanding the Numbers – Online Workshop

December 13 - December 14

$399
Finance 101: Understanding the Numbers Online Workshop

This intensive 2-day workshop will help you understand bookkeeping and financial management concepts crucial for any business, whether related to projects or operations. This course will assist you to effectively grasp the fundamentals of finances and more advanced topics required for business success, such as understanding margins, establishing financial targets, and controlling costs. In addition, it will help you understand the accounting process and use it to improve cost controls and enhance revenue opportunities.

Course Overview

Attendees will learn the use of developing a budget, creating a statement of cash flows, and defining cash flow forecasts to track and project future monthly cash needs, as well as forward-looking financial projections. Additionally, we design our workshops to fit our clients’ needs and objectives. Therefore, our workshops include hands-on exercises and sufficient practice to gain the finance skills to be successful. Furthermore, we provide follow-up consulting for up to 60 days after the participants have finished the workshop to address any questions and issues. The course work includes:

  • Cash vs. accrual accounting
  • Cash flow analysis
  • Break-even analysis
  • Understanding the Balance sheet
  • Profit and Loss (P&L) statements

Prerequisites

None

Target Audience

    • Startup Founders
    • Business Owners
    • Service Providers
    • Departmental Managers
    • Anyone responsible for budgeting decisions

Learning Outcomes

After successful completion of this workshop, the participant shall be able to:

  • Learn how to present ideas in financial terms for greater impact
  • Understand the fundamentals of finance and accounting
  • Understand cash basis versus accrual basis accounting
  • Calculate breakeven and feasibility
  • Learn how to read Financial Statements – P&L, Cash Flow, and Balance Sheet
  • Prepare and analyze budgets.
  • Understand standard practices, language, and terms of accounting
  • Learn how to present ideas in financial terms for greater impact
  • How to increase your competitive position by understanding the numbers

Professional Development Units/Hours (PDUs) Awarded

    • 16 PDUs (1 hour = 1 PDU)

To register – email info@pm-workshops.com


Presenter – Mike Doherty

Mike Doherty, the co-founder of PM-Workshops, has a long history of business development, strategy, and planning. Mike has launched and managed several ventures personally, so he understands the challenges of managing day-to-day operations while remaining focused on growth opportunities and the bottom line. He has also worked as an investor and a lender and recognizes the demands and expectations these parties bring to the mix. Mike’s clients benefit from both perspectives.

To register – email info@understandingecommerce.com.

Finance 101: Understanding the Numbers – Online Workshop

Online Courses for Professional Development

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Details

Start:
December 13
End:
December 14
Cost:
$399
Event Category:
Event Tags:
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Venue

Online Learning
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