Welcome to ACPENWe are pleased to announce the expansion of the ACPEN Industry Institute webcast time offerings in order to accommodate a broader range of schedules. Several alternating weeknights and two Saturdays per month are being added to the mix to give you additional programming options! When registering for webcasts, please make note of whether the course is an AM or PM start time. |
Accounting Basics for Finance Professionals
Length: 4 Hours
CPE Credits: 4
Learning Objective 1: The first part of the course will begin with the Income Statement, and how transactions that impact revenues and expenses on that statement find their way onto the balance sheet and the statement of cash flows. We will examine how revenues and expenses impact the balance sheet and the statement of cash flows in different ways depending upon whether or not there has been a corresponding movement in cash.
Learning Objective 2: The second part of the course will address the Balance Sheet and Statement of Cash Flows, and how various transactions can impact the asset side and the liabilities & equity side of the Balance Sheet. We will observe that transactions that impact the Balance Sheet must always be balanced, in that the asset side of the Balance Sheet will always equal the liabilities & equity side. Further, we will observe how changes in the Balance Sheet can also affect the Statement of Cash Flows.
Learning Objective 3: The last part of the course will explain the use of the “Accounting Matrix”. The accounting matrix will help the reader to categorize various accounting transactions in such a way as to facilitate the creation of the Income Statement, Balance Sheet, and Statement of Cash Flows. Its use will help clarify how accounting transactions ultimately flow amongst the three major financial statements, and give the reader a better understanding of how a company’s business results are quantified.
Field of Study 1: Accounting - 2 hours
Field of Study 2: Finance - 1 hour
Field of Study 3: Business Mgmt & Organization - 1 hour
Program Level (Basic, Update, Intermediate, Advanced, Overview): Basic
Prerequisites: None
Advanced Preparation: None
Instructional Delivery Method: Group Internet Based
Course Registration Requirements: Online Registration
Designed For: Chief Executive Officers, Chief Financial Officers, Financial Analysts, Presidents, Controllers, Finance Students, Financial Managers, Accounting Students
Recommended for CPE Credit: 4
Refund/Cancellation Policy: Please contact the ACPEN help desk - 1-800-747-1719 or help@acpen.com if you wish to cancel your attendance for a previously purchased webcast and are requesting a refund or transfer.
Complaint Resolution Policy: Please contact Anne Taylor for any complaints. anne.taylor@acpen.com, (972-377-8199).
Official Registry Statement: Business Professionals' Network, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN, 37219-2417. Web site: www.nasba.org
Course Description:
This course has been written for financial professionals who would like to obtain a better understanding of accounting. While most financial professionals have taken one or more accounting courses at some point in their careers, they frequently do not have a solid understanding of how various accounting transactions impact financial statements. They tend to look at the statements themselves as static, stand-alone chronicles of what has transpired within a company, rather than as dynamic, interrelated recordings of events. Specifically, the course will address the ways in which accounting transactions flow through the various financial statements, and how the statements relate to each other. Ultimately, this knowledge will give financial professionals greater insight into how the operations of a company lead to the creation of those financial statements.
... Read MoreProduced By:
Faculty
- Richard Malekian
Course Materials
- CPE Credit Instructions - READ BEFORE WEBCAST (1 page)
- Exercise Questions (3 pages)
- Slides (28 pages)
For Catalog Support: 1-800-747-1719 or email support
