This course introduces and explains the basic finance terms, concepts, and tools. Participants will explore how to speak the language of finance as well as read and understand typical reports used by finance and business leaders in the company.
This course will be held virtually on April 3, 2025, from 10:00am to 3:30pm.
The course is minimum for 12 people.
In this course participants will learn how to create and manage budgets. They will also learn how to analyze budget variances effectively.
o Define the purpose of the Income Statement, the Balance Sheet, and the standard entries on these reports
o Examine the critical nature of cash flow in the organization and how it is often not well represented in the Income Statement and Balance Sheet
o Compare and contrast the operation of privately held and publicly held companies
o Discuss the potential business impact that comes from investing in programs because of inflation, market
conditions, and overall risk
o Identify methods and considerations associated with tracking the costs of employment
o Estimate the return on the investment for programs and projects
Point Value: 4
