How to Interpret Financial Statements:
The Basics of Finance for Non-Financial Professionals

No doubt about it, the more you know about the language of business, the more you will be able to contribute to your company.  Let Leita Hart-Fanta, the author of the McGraw-Hill book Accounting Demystified, clear your confusion about how a business works so that you make wise and profitable business decisions. This fun and interactive course starts with a humorous video starring John Cleese, of Monty Python fame, and wraps up with a fast-and-furious board game called "Profit & Cash™."

Objectives:

• Determine how profits are made and why profit can't be your only focus
• Describe the contents of the three key financial statements are and how they are interrelated
• Extract the information you need from an annual financial report
• Interpret your organization's key financial metrics and discern how you impact them
• Distinguish between overhead costs, fixed costs, and variable costs
• Apply principles for managing cash flow to your organization

Who should attend: Non-financial professionals AND financial professionals who want to improve communications with their customers.

Program level: Basic

Prerequisites: No prerequisites or advance preparation required

Delivery method: Group live

Length: 8 hours