Learn valuable financial management tools so that you may develop proficiency in producing and reading financial statements.
This topic will help develop proficiency in interpreting and using accounting information in planning, control and decision making. Emphasis will be placed on how to provide and interpret accounting information for the benefit of organization insiders. Learn to identify how financial statements interrelate and how to analyze financial transactions. Gain the ability to understand, use and generate accounting outputs designed to assist the managerial process.
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Why Lorman?
Over 35 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
Agenda
Review of Financial Statements and Terms
- Important Accounting Terms
- Key Financial Statements
The Balance Sheet
- Assets: Valuation and Accounting Methods
- Liabilities
- Owner's Equity
- Balance Sheet Analysis Tools
The Income Statement
- Revenue and Revenue Recognition
- Expenses and Accruals
- Cost Analysis
- Cost-Volume-Profit
- Income Statement Analysis Tools
The Statement of Cash Flow
- Cash Flow Measurement Areas
- Cash Operating Cycle
Theft and Fraud Prevention
- Accounting Shenanigans
- 5 Fundamentals of Fraud Prevention
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Why Lorman?
Over 35 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
Credits
OnDemand Course
This course was last revised on September 15, 2020.
Call 1-866-352-9540 for further credit information.
This program does NOT qualify, nor meet the National Standard for NASBA accreditation.
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Why Lorman?
Over 35 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
Faculty
Beverly Holmes, MBA, CHAE, CHTP
Alaska Pacific University
- Associate Professor of Business and Management at Alaska Pacific University
- More than 30 years of experience working in business and financial management, focusing on the hospitality industry
- Certified hospitality accountant executive and a certified hospitality technology professional
- Classroom consultant for Junior Achievement for more than 10 years; a member of the American Society of Training and Development, Institute of Management Accountants and Hospitality and Financial Technology Professionals
- M.B.A. degree, B.A. degree in organizational management, Alaska Pacific University
- Can be reached at [email protected]
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Why Lorman?
Over 35 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
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- White Papers and Articles
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