Budgets and Financial Reports 

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Course Description

Mastering the art of budgeting and financial reporting is essential for driving organizational success and making informed decisions. Our Budgets and Financial Reports course is designed to empower professionals with the skills and knowledge needed to create accurate budgets, interpret financial reports, and align financial strategies with organizational goals. Whether you're a team leader, manager, or aspiring finance expert, this course will give you the confidence to take control of the numbers that matter.

Through practical tools, real-world examples, and expert guidance, participants will learn how to analyze financial data, track performance, and communicate insights effectively. By turning complex financial information into actionable strategies, this course ensures your team is equipped to make sound decisions and achieve lasting results.

11+

Hours

66

Lectures

$60

Price

WHAT TO EXPECT

Learning Objectives

  • Identify financial terminology
  • Understand financial statements
  • Identify how to analyze 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

Module One: Introduction

  • What Is Finance
  • Commonly Used Terms
  • Key Players (People, Jobs)
  • Important Finance Organizations
  • Understanding GAAP

Module Two: Understanding Financial Statement

  • Balance Sheets
  • Income Statements (AKA Profit and Loss Statements)
  • Statement Of Retained Earnings
  • Statement Of Cash Flows
  • Annual Reports

Module Three: Analyzing Financial Statements, Part One

  • Income Ratios
  • Profitability Ratios
  • Liquidity Ratios
  • Working Capital Ratios
  • Bankruptcy Ratios

Module Four: Analyzing Financial Statements, Part Two

  • Long Term Analysis Ratios
  • Coverage Ratios
  • Leverage Ratios
  • Calculating Return On Investment (ROI)

Module Five: Understanding Budgets

  • Common Types of Budgets
  • What Information Do I Need?
  • Who Should Be Involved?
  • What Should a Budget Look Like?

Module Six: Budgeting Made Easy

  • Factoring In Historical Data
  • Gathering Related Information
  • Adjusting For Special Circumstances
  • Putting It All Together
  • Computer Based Methods

Module Seven: Advanced Forecasting Techniques

  • Using The Average
  • Regression Analysis
  • Extrapolation
  • Formal Financial Models

Module Eight: Managing The Budget

  • How To Tell If You’re on The Right Track
  • Should Your Budget Be Updated
  • Keeping A Diary of Lessons Learned
  • When To Panic

Module Nine: Making Smart Purchasing Decisions

  • 10 Questions You Must Ask
  • Determining The Payback Period
  • Deciding Whether to Lease or Buy
  • Thinking Outside the Box

Module Ten: A Glimpse into The Legal World

  • A Brief History
  • The Sarbanes Oxley Act
  • CEO/CFO Certification
  • Thinking Outside the Box

Assessment