Finance for the Non-Financial Professional
Training, Instruction and Documentation
Training
Provided by Treeline Training, Inc.
This program gives you the tools to develop financial literacy that will enhance your professional credibility and boost your decision-making skills. You will develop a working knowledge of the standard practices, language and fundamentals of finance and accounting that will enable you to control costs, measure results and plan for growth and recognize and avoid problems that can affect the bottom line.
Related Jobs or Careers: This program trains for any employee wanting to know basic to intermediate information regarding finance.
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Finance for the Non-Financial Professional
Course Outline:
I. Memorizing the basic concepts
o Accounting is the language of business
o Tracking business results
o Identifying the profit and loss
o Identifying the assets
o Identifying the liabilities
o Identifying the owners equity
o Understanding key concepts, principles and conventions
o Basic accounting equation
o Accrual concept
o Cost concept
o Convention of materiality
o Convention of consistency
o Convention of conservativeness
II. Creating balance sheets and income statements
o Accounting as financial photography
o Understanding the balance sheet
o Understanding the income statement
o Defining the five major types of accounts
o Assets
o Liabilities
o Owners equity
o Revenue
o Expenses
o Examining and charting sample accounts
III. Accounting and bookkeeping mechanics
o T accounts
o Knowing when to debit and when to credit
o Following decision rules: Balance sheet accounts
o Following decision rules: Income statement accounts
o What are the books ?
o Using the general journal
o Using the general ledger
o Following the six steps in the accounting process
o Analyzing the transaction
o Journalizing
o Posting
o Adjusting entries
o Closing
o Preparing financial statements
o Preparing the trial balance
o Adjusting entries
o Applying depreciation
o Closing
o Examining the statement of cash flows
IV. Understanding the budgeting process
o Budgeting to achieve goals
o Creating a successful budget
o Making budgets modular
o Examining the IBM budgeting cycle
V. Understanding financial analysis and investments
o Payback analysis
o Break-even analysis
o Understanding the time value of money
o Net present value
o Discounting the cash flows
VI. Understanding topical issues in finance and accounting
o Comparing market capitalization and owners equity
o Knowing how they can cook the books
o Period cost and product cost
o Accrued expenses
o Inventory valuation
o Non-recurring extraordinary events
o Sales
VII. Analyzing financial statements
o Ratio analysis
o Profitability ratios
o Return on investment (R. O.I.)
o Return on equity (R. O.E.)
o Asset utilization ratios
o Inventory turnover
o Average collection period
o Liquidity ratios
o Current ratio
o Quick ratio
o Debt utilization ratios
o Debt to equity ratio
o Times interest earned ratio
o Gross margin
I. Memorizing the basic concepts
o Accounting is the language of business
o Tracking business results
o Identifying the profit and loss
o Identifying the assets
o Identifying the liabilities
o Identifying the owners equity
o Understanding key concepts, principles and conventions
o Basic accounting equation
o Accrual concept
o Cost concept
o Convention of materiality
o Convention of consistency
o Convention of conservativeness
II. Creating balance sheets and income statements
o Accounting as financial photography
o Understanding the balance sheet
o Understanding the income statement
o Defining the five major types of accounts
o Assets
o Liabilities
o Owners equity
o Revenue
o Expenses
o Examining and charting sample accounts
III. Accounting and bookkeeping mechanics
o T accounts
o Knowing when to debit and when to credit
o Following decision rules: Balance sheet accounts
o Following decision rules: Income statement accounts
o What are the books ?
o Using the general journal
o Using the general ledger
o Following the six steps in the accounting process
o Analyzing the transaction
o Journalizing
o Posting
o Adjusting entries
o Closing
o Preparing financial statements
o Preparing the trial balance
o Adjusting entries
o Applying depreciation
o Closing
o Examining the statement of cash flows
IV. Understanding the budgeting process
o Budgeting to achieve goals
o Creating a successful budget
o Making budgets modular
o Examining the IBM budgeting cycle
V. Understanding financial analysis and investments
o Payback analysis
o Break-even analysis
o Understanding the time value of money
o Net present value
o Discounting the cash flows
VI. Understanding topical issues in finance and accounting
o Comparing market capitalization and owners equity
o Knowing how they can cook the books
o Period cost and product cost
o Accrued expenses
o Inventory valuation
o Non-recurring extraordinary events
o Sales
VII. Analyzing financial statements
o Ratio analysis
o Profitability ratios
o Return on investment (R. O.I.)
o Return on equity (R. O.E.)
o Asset utilization ratios
o Inventory turnover
o Average collection period
o Liquidity ratios
o Current ratio
o Quick ratio
o Debt utilization ratios
o Debt to equity ratio
o Times interest earned ratio
o Gross margin
About The Training Provider: Treeline Training, Inc.
Treeline Training, Inc. - Treeline Training is a leading publisher of soft skills training solutions. Working with strategic partners, we provide unique and customized soft skills learning solutions including communications, leadership, team-building, conflict and stress management, customer service, sales, personal and professional development, diversity training and more...
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