Finance 101: Understanding the Numbers (Barcelona)
Overview This intensive workshop will help you understand bookkeeping and financial management concepts. Further, it will assist you in understanding margins, establish financial targets, and control costs. It will help you to understand the accounting process and use that knowledge to improve cost controls and enhance revenue opportunities. Cash vs. accrual accounting Cash flow analysis Break-even analysis Understanding the Balance sheet Profit & Loss statements Attendees will learn the use of developing a budget, developing a statement of cash flows, and developing a cash flow forecast in order to track and project future monthly cash needs, as well as, forward-looking financial projections. Learning Objectives Learn how to present ideas in financial terms for greater impact Understand the fundamentals of finance and accounting Understand cash basis versus accrual basis accounting Calculate breakeven and feasibility Learn…
