Financial Management for Non Financial Managers
Who will benefit?
All levels of supervisors/managers who want to better understand financial management and budgeting processes.
Course overview
This two-day workshop will assist participants gain the skills and knowledge to understand and interpret financial data which will assist them to make sound financial decision decisions. The workshop will include topics of financial statements, variance analysis, financial ratios, cost volume and profit analysis, capital investment analysis, budgeting and pro-forma statements.
Learning Objectives
- Develop a clear understanding of financial management
- Learn how to analyze accounting information effectively
- Learn how to interpret financial statements
- Understand variance analysis
- Understand financial ratios
- Learn how to analyze cost volume and profit scenarios
- Learn how to calculate cost of capital
- Understand net present and future values for capital investment analysis
- Understand and develop budgets and pro-forma statements
Tuition: $2,875.00 + $30.00 per student manual and handouts (class maximum of 20 persons; excludes travel, class location and equipment costs)
Facilitator: Ray Sherwood, C.A.
Introduction to Accounting
Who will benefit?
All levels of staff involved in any financial and/or accounting duties.
Overview of the Workshop
This two-day workshop will provide participants with the fundamental tools and language of accounting, key definitions, basic steps of the accounting cycle and an understanding of basic financial statements.
Learning Objectives
- Understand the fundamental accounting equation and double entry recording
- Grasping common financial terms: assets, liabilities, owner’s equity revenues and expenses
- Learn the use and benefits of the financial statements;ithe balance sheet and income statement
- Understand the purpose of the general ledger, chart of accounts, journal entries and posting
- Defining fixed assets and the concept of depreciation
- Apply the 4 basic steps of the accounting cycle
Tuition: $2,875.00 + $30 per student manual and handouts (class maximum of 20 persons; excludes travel, class location and equipment costs)
Facilitator: Ray Sherwood, C.A.
Intermediate Accounting
Who will benefit?
All levels of staff involved in higher level financial and/or accounting duties.
Overview of the Workshop
This one-day workshop will analyze in greater detail fundamental accounting and financial concepts.
Learning Objectives
- Understanding the purpose and benefits of subsidiary ledgers
- Learn the importance of accrual accounting
- Calculate an allowance for bad debts
- Reconcile bank statements
- Apply managerial account tools
- Apply cost account concepts to decision making
Tuition: $1,440.00 + $30 per student manual and handouts (class maximum of 20 persons; excludes travel, class location and equipment costs)
Facilitator: Ray Sherwood, C.A.
Introduction to Financial Results and Annual reports
Who will benefit?
All levels of staff involved in high level financial and/or accounting duties.
Overview of the Workshop
This one-day workshop will help understand the numbers in company results and annual reports. This course give you you a firm understanding of Balance Sheets, Income statements and Cashflows . This will give you more confidence in interpreting the major numbers and allow you to tell the story in an effective manner .
Learning Objectives
- Identify and analyze the three primary financial statements
- Understand and apply major accounting standards
- Define fixed assets and apply the concept of depreciation
- Apply and explain the accrual accounting concepts
- Review and understand the audited and annual report
Tuition: $1,440.00 + $30 per student manual and handouts (class maximum of 20 persons; excludes travel, class location and equipment costs)
Facilitator: Ray Sherwood, C.A.
Budget Management
Who will benefit?
All managers and others who have responsibility for the preparation , control and review of financial budgets and forecasts.
Overview of the workshop
This one day workshop will cover the tools, guidelines and processes that are necessary to prepare and monitor a budget in order to improve financial performance.
Learning objectives
- Understanding forecasting and planning techniques
- Review types of budgets( Sales, production/operating, admin & selling and capital)
- Understand different budget approaches( fixed, flexible, incremental and zero based)
- Learn preparation of operating and financial budgets
- Understanding budgetary controls and variances
- Understand need to take corrective action to update and flex the budget
Tuition: $1,440.00 + $30 per student manual and handouts (class maximum of 20 persons; excludes travel, class location and equipment costs)
Facilitator: Ray Sherwood, C.A.
Business Case Development
Who will benefit?
This workshop is intended for staff or management who have a good business idea and whish to prove its viability to management or the board of directors.
Overview of the workshop
This two day workshop will allow individuals to implement and present a business case of their own (or with a group) by using a developed business case template
Learning objectives
- Understanding the processes and guidelines for building a business case
- Understanding the need for a business case to facilitate the decision making process
- Review characteristics of good and bad business cases
- Apply Business case template to participant’s own business idea
- Present business case
Tuition: $2,875.00 + $30 per student manual and handouts (class maximum of 15 persons; excludes travel, class location and equipment costs)
Facilitator: Ray Sherwood, C.A.
Personal Money Management
Who will benefit?
All individuals who are interested in pro-actively managing their personal finances
Course overview
This workshop will allow participants to establish financial goals and a plan of action. This course can be offered in a half day or a full day.
Learning Objectives
- Establish financial goals
- Calculate current net worth
- Develop and manage a personal budget
- Understanding and managing debt
- Minimizing taxes
- Saving and Investing for your financial goals
Tuition: $875.00 for a half day or $1,440.00 for a full day + $30.00 per student manual and handouts (class maximum of 20 persons; excludes travel, class location and equipment costs).
Facilitator: Ray Sherwood, C.A.
All Prices in Canadian Funds |
