Three related Finance & Accounting topics are presented in this Webinar:-
Making of Financial Statements:
- Transforming transactions to statements
- Interactive exercises to illustrate the accounting process
- Overview of the entire accounting process in simple-to-understand steps
Understanding & Analyzing Financial Statements
- Summary of three required financial statements
- Key positive elements & red flags
- Using statements as the basis for crucial business decisions
Key Business Ratios as the Road to Profits & Productivity
- Five categories of essential ratios
- Calculating ratios from their financial statement source
- Understanding how to use ratios to make critical financial decisions
These three webinars are combined into one 90-minute webinar of composite tools & techniques to provide a comprehensive understanding of finance & accounting in simple to understand and apply tools & techniques.
WHY SHOULD YOU ATTEND?
Non-Financial professionals need the skills and tools to analyze financial statements in managing control and applying resources for which they are responsible. Several myths about accounting must be overcome to gain a basic knowledge of accounting and how transactions are transformed into statements. These myths are converted into meaning. Doubt and uncertainty about accounting are removed with a simple understanding and applying tools and techniques.
LEARNING OBJECTIVES
- The overall connection of financial transactions to required statements of Balance Sheet, Income Statement, Cash Flow Statement
- The basic framework of finance and accounting and the concepts and principles used to transform transactions
- Components of each financial statement using sample statements
- Six Generic types of transactions in every company
- A simple comparison of business to personal financial statements
- The simple meaning of finance and accounting
- The simple meaning of cash vs. accrual accounting
- A simple explanation of debits and credits with actual exercises to illustrate their application in transforming transactions into statements
- Simple examples of accounts and how transactions are recorded using debits and credits with actual attendee exercises and sample transactions
- A simple explanation of double-entry accounting and why it is key to the process of accounting accuracy
- Key tools to understand and analyze financial statements
- Tools & techniques to understand key financial ratios and how to use them in making key business decisions
- This is a key composite course of all essential elements of finance & accounting primarily for non-financial professionals.
- It is a great refresher for financial professionals
Overall you will learn simple to understand and apply tools and techniques on how business financial transactions are transformed into financial statements.
WHO WILL BENEFIT?
This Webinar is primarily designed for all Non-Financial Professionals who manage and control resources. Financial professionals can also benefit as a refresher. The primary focus is on Non-Financial Professionals. It is Accounting 101 made simple!!
Non-Financial professionals need the skills and tools to analyze financial statements in managing control and applying resources for which they are responsible. Several myths about accounting must be overcome to gain a basic knowledge of accounting and how transactions are transformed into statements. These myths are converted into meaning. Doubt and uncertainty about accounting are removed with a simple understanding and applying tools and techniques.
- The overall connection of financial transactions to required statements of Balance Sheet, Income Statement, Cash Flow Statement
- The basic framework of finance and accounting and the concepts and principles used to transform transactions
- Components of each financial statement using sample statements
- Six Generic types of transactions in every company
- A simple comparison of business to personal financial statements
- The simple meaning of finance and accounting
- The simple meaning of cash vs. accrual accounting
- A simple explanation of debits and credits with actual exercises to illustrate their application in transforming transactions into statements
- Simple examples of accounts and how transactions are recorded using debits and credits with actual attendee exercises and sample transactions
- A simple explanation of double-entry accounting and why it is key to the process of accounting accuracy
- Key tools to understand and analyze financial statements
- Tools & techniques to understand key financial ratios and how to use them in making key business decisions
- This is a key composite course of all essential elements of finance & accounting primarily for non-financial professionals.
- It is a great refresher for financial professionals
Overall you will learn simple to understand and apply tools and techniques on how business financial transactions are transformed into financial statements.
This Webinar is primarily designed for all Non-Financial Professionals who manage and control resources. Financial professionals can also benefit as a refresher. The primary focus is on Non-Financial Professionals. It is Accounting 101 made simple!!
Speaker Profile

Carl Young is an Author, Speaker, Trainer, Consultant, and Coach. He holds a MBA and completed graduate studies in Accounting and Taxation. He is a former CFO of a 275M, high growth technology based company. He has over 25 years of senior level business management experience. In addition, he has over 25 years of training experience in finance, accounting and business management. Former CEO of his own small parts manufacturing company as well as former Senior Financial Associate of major consulting firm. Carl is a member of the following organizations: American Society of Corporate Controllers, Council of Experts (investment firm …
Upcoming Webinars

Transform Data into Insights: A Beginners Guide to Excel Pi…

Leadership: Strategic Planning and Decision Making

Onboarding Best Practices for 2025: Proven Strategies to Po…

Seeking Truth: Detecting Truth, Lies and Deception in a Wor…

Managing Difficult Employee Conversations

Copilot and HR: An Introduction for HR Professionals

How to Document Employee Discussions and Why it is Important

Dealing With Difficult People In Life & Work

How to Write Effective Audit Observations: The Principles f…

OSHA Requirements for Supervisors, Project Leaders & HR - W…

FDA Compliance And Laboratory Computer System Validation

4-Hour Virtual Seminar on Transformational Leadership - The…

3-Hour Virtual Boot Camp on Easier Excel Automation with VB…


2025 Handbook Overhaul: Navigating Critical Updates! Federa…

Excel Spreadsheets; Develop and Validate for 21 CFR Part 11…

Negotiating Skills For Professional Results - Winning Strat…

Building Thriving Teams: Proactive Strategies for Managers …

Designing Employee Experiences to Build a Culture of Compli…

Empowering Conflict Resolution: Letting Go to Gain Control

Navigating Alcohol and Drug Addiction Protections Under the…

President Trumps Executive Orders And What They Mean to Emp…

The Anti-Kickback Statute: 2025 - Year in Review

FDA Technology Modernization Action Plan (TMAP) and Impact …

Form W-9 Compliance: TIN Verification, B Notices, and Avoid…

Workplace Investigations 101: How to Conduct your Investiga…

50+ new Excel features so far this decade


FDA Regulation of Artificial Intelligence/ Machine Learning

From Challenges to Compliance: Understanding Dietary Supple…

Utilizing HR Metrics to Illustrate & Improve Human Resource…

Do's and Don'ts of Documenting Employee Behaviour, Performa…


The Importance of the first 5 seconds when presenting

Why EBITDA Doesn't Spell Cash Flow and What Does

Outlook - Master your Mailbox - Inbox Hero Inbox Zero

Policy Pops: Navigating DEI in the 2025 Workplace: Strategi…


Impact Assessments For Supplier Change Notices

The Monte Carlo Simulations in Excel for Risky Investments

Understanding the incredible uses and fallbacks of ChatGPT

California Meal and Rest Breaks: What You Don't Know Can Co…

Unlock Employee Loyalty: Stay Interviews Will Keep Them Eng…


Onboarding is NOT Orientation - How to Improve the New Empl…


Gossip-Free: Leadership Techniques to Quell Office Chatter

Female to Female Hostility @Workplace: All you Need to Know


6-Hour Virtual Seminar on Learning the Highlights of Excel …