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Understanding the Basics of Finance

Objectives

At the conclusion of the workshop, participants will be able to:

  • Describe types of business structures
  • Describe the impact of the time value of money
  • Describe how businesses operate from a financial perspective
  • Define key GAAP conceptS
  • Define key components of the Income Statement, Funds Statement and Balance Sheet
  • Use ratios to analyze financial statements
  • Describe the link between financial measures and shareholder value
  • Identify ways to positively impact corporate performance
  • Define key financial terms and concepts

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