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Course/Product Description

Basic Accounting Skills for the Business Professional

Format: In-Person Seminar
Find A Class Near You: View Dates And Locations For This Seminar

Basic Accounting Skills for the Business Professional
Where are they getting those numbers? If you've ever asked that question, you're not alone. Thousands of non-financial people:

  • Feel uncomfortable in discussions with financial and accounting specialists
  • Don't fully understand financial terminology "buzz words"
  • Don't effectively use budgets, balance sheets, P&L statements, and other financial data

As a non-financial person, your actions and decisions affect the financial picture. But, if you're making those decisions without a solid knowledge of finance and accounting, you're operating in the dark.

This one-day seminar was developed to meet the specific needs of non-financial people like you. You'll learn the basics of accounting and finance in easy-to-understand layman's terms. What's more, you'll learn how to apply and use the information to operate more efficiently and successfully.

We cover all of the essential elements of finance and accounting in one fast-paced, well-designed day. And, our extensively tested adult learning methods will have you participating and interacting — you'll be on the edge of your seat — not slumped down in it!


The Accoutant's Tool Box: Basic Accounting Principles And Terminology

  • What accounting is, and how it affects your job and your responsibilities
  • 3 key accounting terms that form the financial "cornerstone" — brief, easy-to-understand explanations
  • When expense and revenue activities are reflected "on the books," and how to anticipate your organization's current and future financial status

Making Sense of the Numbers: Special Financial Conventions and Practices

  • The differences between direct and indirect expenses, and who is responsible for each
  • Why costs beyond your control can directly affect your own financial performance
  • How you can increase profitability in your department or organization with a better understanding of the break-even point
  • A simple break-even chart that puts the numbers in an easy-to-understand visual form
  • Purchase or lease? The benefits and drawbacks of both options
  • The 2 basic methods of depreciation and how they affect financial results

The Financial Road Map: How to Use Financial Statements and Reports

  • The 8 objectives for financial reporting, and how financial reports can work for you
  • How everyday business transactions are translated into balance sheets and profit-and-loss statements
  • How to analyze financial reports for profitability, activity, liquidity, and debt coverage
  • 4 professional methods to measure bottom-line profitability

Achieving On-Target, Profitable Results: Budgeting Basics

  • How sound budgeting leads to better, more effective management
  • An easy 7-point budgeting outline to prepare a new budget or assess your current one
  • How to use budgets to measure the performance of your department, your organization — even yourself!
  • 8 expert techniques that help you prepare and monitor your budgets more accurately and efficiently

CPE Credits!

Fred Pryor Seminars and CareerTrack are 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.

CPE certificates will be available 10 days after your event has ended.

About The Provider: Founded more than 50 years ago when Fred Pryor pioneered the "one-day seminar," Pryor Learning has become one of the nation's leading corporate training providers, offering in-person and online training to millions of individuals and organizations—from small and mid-sized businesses to governments and nonprofits to Fortune 500s. In addition to our vast library of on-demand content, we offer thousands of in-person and live virtual seminars taught by engaging, expert instructors—all at a lower price than virtually any other provider in the space. Visit our website to learn more.
Price: $199.00
More Info: Contact Us For More Information
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Currently Scheduled Dates For This Seminar
Course TitleCity/StateDate
Basic Accounting Skills for the Business ProfessionalPacific Time Zone4/25/2024
Webinars HR Payroll Safety Workers' Comp Bank/Mortgage CPA/Accounting In-Person Seminars HR Payroll Safety Workers' Comp Bank/Mortgage CPA/Accounting Online/Self-Study HR Payroll Safety Workers' Comp Bank/Mortgage CPA/Accounting
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