Get a complete financial education in just four days. . .and be prepared to make more powerful, informed business decisions. From understanding the essence of cash flow to learning how to create value on a corporate level, this comprehensive program covers all the principles of corporate finance.Through the effective use of actual case studies and annual reports of major U.S. public companies, you’ll come away better equipped to speak and interact intelligently with finance colleagues…make more informed business decisions...analyze financial statements with new clarity...know the workings of the financial markets…and understand that the core purpose of your firm is to increase shareholder value.Who Should AttendExperienced managers, general managers, directors, vice presidents and top executives in sales, marketing, production and manufacturing...as well as those in managerial positions (and up) throughout the organization who need a background in the principles of corporate finance.Note: You'll need a calculator for this seminar.What You will coverAccounting essentials: booking transactions…cash and accrual methods…assets, liabilities and capitalReading annual reports: reading and understanding financial statements...SEC requirements...forms and meanings of the Auditor's Opinion...the importance of footnotes in financial statementsSeeing your firm from a finance perspective: the organization as an investment tool...classes of investors...WACC and EVA...the importance of cash and flow timing...leverage and riskEvaluating financial statements: computing financial ratios to assess liquidity, profitability, leverage and risk...the DuPont formula...merits and pitfalls of financial ratiosOperational budgeting: constructing and using budgets...avoiding pitfalls...budgeting techniques, variances and hierarchiesTime value of money: computing time value for money and applying the mathematics of compound interest and present valueCapital budgeting: preparing and using capital budgets...applying time value of money...using various mathematical techniquesHow financial markets value a business: value models and financial concepts to enhance shareholder valueCost analysis, profit planning and exposures to volume/price risks: categorizing costs to make better decisions...determining break-even levels of quantity, price and cost...understanding "operating leverage"How will you BenefitBecome grounded in all the principles of corporate financeReduce the risk of financial errors in managerial decision makingLearn how accounting and bookkeeping workDiscover the ins and outs of financial statements and what can and cannot be learned from themUnderstand how budgeting fits into the world of accounting and the primacy of cash flowGain greater insight into all the principles of corporate finance, including interest and ROIFind out how a firm allocates its funds to investment opportunitiesGain the skills that will help you make the right buy/lease decisionsLearn how to take advantage of cash discounts offered by vendorsMake more profitable sales by understanding fixed vs. variable costsMonitor operating results to achieve long-term financial goals
Overview
Taught by
American Management Association