New Horizons Courseware Outlines - DOC - DOC by HC121002141918


									                                                                                                   COURSE OUTLINE
                                                            PROFESSIONAL DEVELOPMENT TRAINING

Financial Acumen for Business Professionals                                                                          Duration: 2 days

Overview:                                    Lesson 1: The Basics - Using                           Lesson 5: Adjustments and
 Financial Acumen for Business               Personal Financial Statement                           Asset Management
 Professionals is an accelerated
 learning experience that will help
                                             to Create Context                                          Understand the impact of asset
 non-financial employees                          The role of the balance sheet and                     adjustments on financial statements
 understand how financial data is                  income statement                                      and budgets
 generated and reported, as well                  Accrual accounting: revenue and
 as how it can be used for                         expense recognition
 improved decision making and                     The impact to financial statements
 analysis. AME Learning’s patented                 when buying or selling assets
 interactive tools and simulation                 The impact to financial statements
                                                                                                    Lesson 6: Improve Cash Flow
 technology bring this commonly                                                                     Activities that improve cash flow through
                                                   when borrowing or paying debt
 intimidating subject to life,                    Cash flow versus net worth (later                an understanding of:
 resulting in improved                             linking to business equity)                          The Cash Flow Statement
 comprehension and financial                                                                            Free Cash Flow

                                             Lesson 2: Linking Personal
Target Audience:                             Accounting to Business                                 Lesson 7: Ratio analysis
 Since every employee, manager               Accounting                                             Identify activities that will improve:
 or owner is a custodian of the
 company’s profits and cash flow,                 Personal vs. Business Accounts                       Profitability ratios
 it is crucial for professionals at all           Understand the corporate business                    Liquidity ratios
 levels to understand the financial                structure                                            Activity ratios
 implications of their actions to                 The importance of Generally Accepted
 improve profitability, liquidity and              Accounting Principles (GAAP) and
 sustainability of the business.                   International Financial Reporting
 This course is ideal for any                      Standards (IFRS)                                 Lesson 8: Cost Volume Profit
 individual who wishes to enhance                                                                   (CVP)
 their business acumen and
 elevate their comprehension of                                                                         Learn how to use CVP and evaluate
 how business activities can                 Lesson 3: Inventory and                                     how profits are influenced by a
 impact the financial results of an                                                                      change in volume and costs
                                             Capital Assets
                                                  Understand the financial implications
                                                   of purchasing or building long-term
                                                   assets                                           Lesson 9: Budgets
Key Participant Benefits:                         Understand the financial implications
   The course will create a strong                of building inventory                                Understand the purpose of creating
    foundation of understanding of                                                                       budgets
    financial statements and train                                                                      Zero based and incremental
    participants to understand key                                                                       budgeting
    value drivers and the story              Lesson 4: Revenue and                                      Standard costing
    behind the numbers                                                                                  Variances
   Will teach participants to think
                                             Expense Recognition
    strategically through an                      Identify the types of sales
    understanding of the financial                 transactions: cash, unearned revenue,
    implications of their decisions                and accounts receivable and their
   Will help participants                         importance when managing sales
    communicate in financial terms                Impact of discounts and product mix
    across various operating silos                 on profitability
    and learn to ask the right                    Identify the types of expense
    questions relating to their                    transactions: cash, accounts payable
    financial decisions                            and common business adjustments
   Will help participants align                   and their importance when managing
    their budgets and/or                           expenses
    responsibilities with corporate

                                                      Will help participants align their budgets and/or responsibilities with corporate objectives
Key Business Benefits:
   Improve profitability and
    liquidity due to better asset
    management and an
    understanding of appropriate
    actions needed to improve
    ratios and other performance
   Reduce time spent on creating
    and managing budgets

                                 1300 794 006        
                                               WHAT OUR CUSTOMERS HAVE TO SAY

   Reduce budget variances

                                   "The feedback and evaluations showed undoubtedly that the [AME] program was well
                                   worth the investment. The program has significantly elevated [restaurant managers’]
                                   awareness of the financial drivers which has now resulted in them focusing on crucial Key
                                   Performance Indicators." – Linda Herron, Finance Manager, Burger King Restaurants

"Your information and methodology is fundamental to understanding the financial
impact of decisions made by management of small businesses, and every employee
should be required to take the program." – Peter Mann, Centre Manager, Royal Bank
of Canada

                                    "The [AME program] has proved to be invaluable in that it brought to light for employees
                                    the many financial issues that businesses deal with in simple, easy to understand language
                                    and has helped employees understand the impact of their daily decisions on the financial
                                    well-being of the company. The real testimonial has been the numerous suggestions and
                                    procedural changes that have taken place as a result of the seminar to improve overall
                                    profits for the company." – Janet Boychuk, Director of Sales Operations, Hallmark

 "The [AME program] has been one of the most successful learning and development
 offerings at Cadillac Fairview to date. Without exception, the participants felt that
 the material will provide a great deal of value in their roles at Cadillac." – Judi
 Creamer, Learning and Development Manager, The Cadillac Fairview Corporation

                                    "AME was able to make what is often an intimidating and abstract subject intuitive and
                                    engaging to associates regardless of their prior level of financial expertise.” – Amy Yustick,
                                    Sr. Director, Financial Planning and Analysis

                                    "AME Learning delivered a powerful solution that leveraged their interactive technology
                                    and matched the learning outcomes to Dana’s core business drivers” – John Opron,
                                    Learning & Development Manager.

 "Consistent to the Toyota brand, we expect the highest quality of service from our
 vendors and the AME program was no exception. We would recommend this
 program to other organisations without hesitation." – Shaun Bull, Senior Learning
 Consultant, Toyota University          New Horizons Learning Centres, Australia
                               1300 794 006      

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