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ON-DEMAND Banking & Finance

Finance & Accounting 101 Simplified Three Courses in One

Learn how transactions become financial statements, how to read and analyze those statements, and how to use key business ratios to make better financial decisions.

FormatRecorded sessionWatch any time
Length90 minutes
Carl Young Speaker Carl Young Finance trainer and former CFO · Former CFO
Talk to an expertAsk an expertQuestions about this topic

Overview

This 90-minute finance and accounting 101 webinar combines three related courses into one session written for non-financial professionals.

First, you'll see how transactions turn into financial statements, with interactive exercises on debits and credits, double-entry accounting, cash vs accrual accounting and the six generic types of transactions found in every company.

Next, you'll review the balance sheet, income statement and cash flow statement, including their components, the positive signs and red flags to look for, and how statements support business decisions. Finally, you'll work through five categories of key business ratios, how to calculate them from the statements and how to use them in financial decisions.

Why attend: Managers who control resources need to read and analyze financial statements, yet myths and uncertainty about accounting often get in the way. This session replaces that doubt with simple tools you can understand and apply. It is designed mainly for non-financial professionals who manage resources, and it also works as a refresher for financial professionals.

What’s covered

  • How transactions connect to the balance sheet, income statement and cash flow statement
  • The basic framework, concepts and principles of finance and accounting
  • Six generic types of transactions
  • Cash vs accrual accounting
  • Debits, credits and double-entry accounting, with exercises
  • Comparing business and personal financial statements
  • Summary of the three required financial statements and their components
  • Key positive elements and red flags
  • Using statements as the basis for business decisions
  • Five categories of key ratios
  • Calculating ratios from the financial statements
  • Using ratios to make financial decisions

Who should attend

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!!

What you get

CertificateEmailed to each attendee after the session.
HandoutsSlides and checklists to reuse with your team.

About the speaker

Carl Young
Carl Young
Finance trainer and former CFO
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 Gersen & Lehrman), Society of Industry Leaders (sponsored by Standard & Poors), and the National Association of Accountants. An engaging and entertaining speaker and trainer who draws from his experience as a former CFO to make relevant teaching points. Sessions are rich in content, lively, full of energy and include plenty of audience interaction. He has branded himself as Mr. Simplicity! His goal is to make finance and accounting relevant to non-financial professionals using tools and techniques that are simple to understand and apply.
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