understanding-key-financial-ratios-as-the-road-to-profits-productivity

Understanding Key Financial Ratios as the Road to Profits & Productivity

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Live Webinar | CEU Approved

  • 75 minutes

All business professionals need a good working knowledge of financial statements to include how they are created and how they can be used to make key business decisions.Business/financial transactions are transformed into financial statements through an accounting process.  Three required statements are produced:

  1. Income Statement

  2. Balance Sheet

  3. Cash Flow Statement

The session includes many attendee activities and engagement. Sample statements are provided and analyzed. Attendees are required to do the actual computation of ratios from the sample statements and will engage in the discussion of the value and worth of ratios and how to use them in making business decisions that involve both operations and forecasting. Plenty of time and space for attendee Q & A.

Join this session by expert speaker Carl Young, where he will provide an in-depth understanding of business and financial activity.  It converts the results indicated on financial statements to the reasons needed to improve profits and productivity.  They provide the windows into the company and reveal how best to understand.

Session Highlights:

  • How business/financial transactions are transformed into financial statements

  • Key components of financial statements

  • Simple blocks ad key concepts used in creating statements

  • Simple meaning and relevance of accrual basis accounting

  • Simple meaning and relevance of finance and accounting

  • Key components of ratios used in financial statement analysis:

  • Comparison

  • Trends

  • Cash impact in all analysis

  • The five major categories of relevant rations:

  • Profitability to measure gross and net profit

  • Efficiency to measure productivity and utilization of resources

  • Liquidity to measure own well financial obligation is being met

  • Solvency to measure debt encumbrances

  • Cash- the key business success measurement

  • The simple meaning of all ratio results and how to use them in making business decisions to improve profits and productivity

Why You Should Attend:

The statements provide Results of business activity and not the Reasons.  To understand the reasons, we must look at the atrelevant ratios.  These ratios are standard indications of business reasons and serve as the basis for key business decisions.  They are derived from a combination of calculations of components of the financial statements to indicate a unique and universally accepted metric or measurement.  We can glean relevant indications of the company's success from these metrics. They become the “language” through which we understand business activity and we use them to help understand and analyze financial statements and also compare one company to another or one financial period to another.

Who Should Attend:

  • Business Owners & Entrepreneurs

  • Business Managers

  • Resource Managers

  • Sales Personnel

  • Operations Managers

  • Finance Associates & Managers

  • All Non-Financial Professionals responsible for managing resources

  • CFOs

  • VPs of Finance & Operations


Advanced Preparation: None

Program Level: Intermediate

Prerequisites: None

Field of Study: Accounting


*You may ask your Question directly to our expert during the Q&A session.
** You can buy On-Demand and view it as per your convenience. 

Carl Young

Carl Young

Carl Young is an Author, Speaker, Trainer, Consultant, and Coach. He holds an 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 the major consulting firm.

He is a member of the 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 lots of audience interaction. He has branded himself Mr. Simplicity! His goal is to make finance and accounting relevant to non-financial professionals using tools and techniques

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Edupliance is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit.
Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org. For more information regarding administrative policies such as complaint and refund, please contact our offices at 844- 810-1151.
PLEASE NOTE: To receive credit through the NASBA for this program you MUST attend the Live program in its entirety and complete the required progress checks. Our registration number is 138832.

Number of CPE Credits Awarded for This Course: 1.0 ( Accounting - 1.0)
Delivery Method: Group Internet Based

Want to attend in a Group? Call 844-810-1151 and Save upto 50%

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