Module One: Workshop Objectives

Module Two: Glossary

• What Is Finance

• Commonly Used Terms

• Key Players (People, Jobs)

• Important Finance Organizations

• Understanding GAAP

Module Three: Understanding Financial Statement

• Balance Sheets

• Income Statements (AKA Profit And Loss Statements)

• Statement Of Retained Earnings

• Statement Of Cash Flows

• Annual Reports

Module Four: Analyzing Financial Statements, Part One

• Income Ratios

• Profitability Ratios

• Liquidity Ratios

• Working Capital Ratios

• Bankruptcy Ratios

Module Five: Analyzing Financial Statements, Part Two

• Long Term Analysis Ratios

• Coverage Ratios

• Leverage Ratios

• Calculating Return On Investment (ROI)

Module Six: Understanding Budgets

• Common Types Of Budgets

• What Information Do I Need?

• Who Should Be Involved?

• What Should A Budget Look Like?

 Module Seven: Budgeting Made Easy

• Factoring In Historical Data

• Gathering Related Information

• Adjusting For Special Circumstances

• Putting It All Together

• Computer Based Methods

Module Eight: Advanced Forecasting Techniques

• Using The Average

• Regression Analysis

• Extrapolation

• Formal Financial Models

Module Nine: 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 Ten: Making Smart Purchasing Decisions

• 10 Questions You Must Ask

• Determining The Payback Period

• Deciding Whether To Lease Or Buy

• Thinking Outside The Box

Module Eleven: A Glimpse Into The Legal World

• A Brief History

• The Sarbanes Oxley Act

• CEO/CFO Certification

• Thinking Outside The Box

Module Twelve: Wrapping Up

• Words from the Wise

• Review of Parking Lot

• Lessons Learned

• Completion of Action Plans and Evaluations