Course – Budgets and Financial Reports Workshop
Course Duration 1 Day
Money matters can be intimidating for even the smartest people. However, having a solid understanding of basic financial terms and methods is crucial to your career. 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 topics like commonly used terms, financial statements, budgets, forecasting, purchasing decisions, and financial legislation.
Course Objectives | Budgets and Financial Reports Workshop
At the end of the course participants will be able to:
- Identify financial terminology
- Understand financial statements
- Identify how to analyse financial statements
- Understand budgets
- How to make budgeting easy
- Understand advanced forecasting techniques
- Understand how to manage the budget
- Identify how to make smart purchasing decisions
- Identify the legal aspects of finances
Course Outline | Budgets and Financial Reports Workshop
Module #01 Getting Started
Module #02 Glossary
- What is Finance?
- Commonly Used Terms
- Key Players
- Important Financial Organisations Understanding GAAP
Module #03 Understanding Financial Statements
- Balance Sheets
- Income Statements (AKA Profit & Loss Statements
- Statement of Retained Earnings
- Statement of Cash Flows Annual Reports
Module #04 Analysing Financial Statements (I)
- Income Ratios
- Profitability Ratios
- Liquidity Ratios Working Capital
- Ratios Bankruptcy Ratios
Module #05 Analysing Financial Statements (II)
- Long-Term Analysis Ratios
- Coverage Ratios
- Leverage Ratios
- Calculating Return on Investment (ROI)
Module #06 Understanding Budgets
- Common Types of Budgets
- What Information do I Need?
- Who Should Be Involved?
- What Should a Budget Look Like?
Module #07 Budgeting Made Easy
- Factoring in Historical Data
- Gathering Related Information
- Adjusting for Special Circumstances
- Putting It All Together
- Computer Based Methods
Module #08 Advanced Forecasting Techniques
- Using the Average
- Regression Analysis
- Extrapolation
- Formal Financial Models
Module #08 Managing the Budget
- How to Tell If You’re on Track
- Should Your Budget be Updated
- Keeping a Diary of Lessons Learned
- When to Panic
Module #09 Making Smart Purchasing Decisions
- 10 Questions You Must Ask
- Determining the Payback Period
- Deciding Whether to Lease or Buy
- Thinking Outside the Box
Module #10 Wrapping Up
- Summary
- Your Next Steps
^ courtesy reminder the number of modules that can be covered in a 1/2 program is limited. We’ll work with you to select the most relevant modules for a 1/2 day program in response to the client’s priorities for the participant
Method of Delivery: Budgets and Financial Reports Workshop
All professional development relating to this course content is delivered by Tarran Deane Education and her team of subject-matter experts, trainers, consultants, executive coaches and professional speakers and may occur as:
- Public Seminar – Full or Part Course
- eCourse | Virtual Learning | Webinar
- Onsite Face to Face as a Full Day or 1/2 Day Course at your place of business
- Roadshow or Showcase
- Conference or Convention Breakout | Workshop by Tarran Deane
- Conference or Keynote | High level introduction to topic only by Tarran Deane
Please confirm your preferred method at the time of enquiring prior to booking.
Location of Delivery: Gold Coast | Brisbane | Lismore | Tamworth and on Request
Ask us about presenting this professional development on location at your venue, an upcoming conference, or enquire about our online self-paced learning options for you, your participants and staff.
This program may also be delivered by us in public and private seminars, tele-seminars, webinars and eCourse formats
Who is This Training For:
Established Teams, Sales Teams, Leaders, Graduates, Students
Circumstances: Mergers and acquisitions, significant change, shift in strategic direction, return to work, graduates, government initiatives, volunteers
How to Book Your Training Day | Course Name – Budgets and Financial Reports Workshop
As a starting point we typically allocate Tuesdays on a weekly basis for the running of our full or 1/2 day training and professional development workshops. To confirm our availability to work with you and your team on Tuesdays or at other times, be sure to contact Tarran, Karen, or Charlotte via email or call the number below:
Contact Details:
Email: info@tarrandeane.com
Phone: +61 417 654305
or Scroll down to CLICK on the green “Book a 30 Minute Discovery” button below to schedule a call!
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