Learn valuable financial management tools so that you may develop proficiency in producing and reading financial statements.
This course will provide numerous benefits for your business and its strategic planning. It will provide clarity and direction on how to ensure everyone in your organization is aligned with the same goals. It will look at performance measurements that will help you identify areas of strength and areas that need improvement. The program will look at making data-driven decisions and the financial health of your organization to help maintain a healthy bottom line. This topic will take a look at a case study that will allow you to draw lessons from real life scenarios. Incorporating these items into your business planning process will result in a well-informed, data-driven, and strategically sound approach to achieving your objectives.
Learning Objectives
- You will be able to review vital business objectives.
- You will be able to discuss Excel templates of value.
- You will be able to identify break even.
- You will be able to explain industry data.
Agenda
Best in Class
- Concentrate on What Will Produce Results Rather Than on the Results, the Process Rather Than the Prize. -Bill Walsh
- I Skate to Where the Puck Is Going to Be, Not Where It Has Been. - Wayne Gretzky
Vital Business Objectives
- What Are the Initiatives for the Upcoming Year?
- What Specific Strategics Will You Implement?
- What Are Your Critical Success Factors?
- What Tool Will You Use to Accomplish This?
Balanced Scorecard
- Financial Perspective
- Customer Perspective
- Internal Process Perspective
- Learning and Growth Perspective
- Objectives
- Measures
- Targets
- Initiatives
Excel Templates of Value
- Liquidity Ratios
- Profitability Ratios
- Leverage Ratios
- Efficiency Ratios
- Productivity Ratios
- Sales Performance
Strategic Profit Model
- Net Income Before Tax
- Asset Turnover
- Return on Assets
- Financial Leverage
- Return on Equity
Break Even
- Margin Increase
- Expense Decrease
Industry Data
- Flaws
- Benefits
- Improvisations
Case Study
- Playmaker LLC
- Financials as of 12.31
Speakers
Theran J. Welsh, CPA,
SVA Certified Public Accountants- Partner with SVA Certified Public Accountants since 2005
- Focus is on helping contractors create shareholder value by understanding their cost structure to bid and win profitable work and assure their tax structure is a model to support a sustainable organization
- He spends time with contractors to identify options for revenue reporting to reduce tax liability and identify industry-specific tax strategies to reduce tax liability, with the end goal of creating shareholder value
- His experience will help executives of construction companies identify the key performance measurements to pursue profitable work to sustain their organization
Who Should Attend
This live webinar is designed for presidents, vice presidents, accountants, CPAs, business owners and managers, lending professionals, CFOs, CEOs, controllers, and financial professionals.
