For managers in today’s business world, it’s essential to have a working knowledge of finance. We all play a role in our organization’s financial health, whether we realize it or not. If you don’t have training or a background in finance, you may be at a disadvantage as you sit around the management table. Understanding the cycle of finance will help you figure out where you fit into your company’s financial structure, and how to keep your department out of the red. This two-day workshop will help you prepare budgets and make decisions with confidence.
Prerequisite: Accounting Skills for New Supervisors or equivalent knowledge.
What Will Participants Learn?
Define basic financial terminology
Prepare a budget of any type or size
Get your budget approved
Perform basic ratio analysis
Make better financial decisions
What Topics are Covered?
The fundamentals of finance
The basics of budgeting
Parts of a budget
The budgeting process
Budgeting tips and tricks
Monitoring and managing budgets
Crunching the numbers
Getting your budget approved
Comparing investment opportunities
Directing the Peerless Data Corporation (intensive case study)
Instruction by an expert facilitator
Small, interactive classes
Specialized participant manual and course materials including a pre-assignment and a post-assignment
A personalized Certificate of Completion