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Real World, LLC |
Workshop
Outline |
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Budgets & Managing Money |
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Overview |
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
finances, 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 workshop will familiarize you with the key
concepts of finance and accounting and help you prepare
budgets with more confidence. |
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Duration |
1 day |
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At the
conclusion of this workshop |
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You
should be able to assess the financial performance and
health of your firm.
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Enhance your decision-making skills by integrating
financial management concepts into your thinking.
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Assess various software applications for managing
finances.
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Control the flow of money through your department.
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Understand the budgeting process and forecasting
techniques.
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Your
role in company finances
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Assets, liabilities, and equity
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Accounts payable and receivable
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Understanding financial statements
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Budgeting and forecasting techniques
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Types of budgets
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Comparing software applications
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Tracking business expenses
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GAAP
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The
human side of finances
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How
to make good financial decisions
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Comparing investment opportunities
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ISO
9000
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