A CFO must manage their organization’s finances holistically, actively managing the income statement, balance sheet and cash flow. These four sessions focus on the balance sheet portion of that responsibility, delving into the realms of corporate finance as well as providing insights that will help you, and your shareholders, in your own personal lives.
Balance Sheet Management: The Least Understood Risk (2 Accounting Credits)
Most companies manage their income statement, but many organizations virtually ignore the balance sheet until balance sheet problems create seemingly insurmountable problems. This session discusses how to analyze and manage your financial statements more holistically, allowing you to identify and correct balance sheet issues early. The session will also examine several crucial ideas you can incorporate into your analyses to enhance performance and reduce risk. Every organization needs these skills!
The Cost of Capital: Why You Should Use It (2 Accounting Credits)
Every business needs capital, and capital has a cost. Debt and equity providers demand a return and the combination is the organization’s cost of capital. This session discusses how to calculate the cost of capital, how to use it to make superior business decisions every day and some common ways organizations misuse this number.
Who should understand your organization’s Cost of Capital? You should! Even if you are not yet the CFO, you need to thoroughly understand the Cost of Capital and its use. Knowing the Cost of Capital allows managers to literally “Get the biggest bang for the buck.” If you want to enhance your corporate finance skills, this session is for you.
Debt versus Equity: Which Will Your Organization Need Next? (2 Accounting Credits)
Your organization needs capital and there are numerous financing alternatives. How do you choose whether to raise debt or equity? What are the key considerations and the advantages of each?
This session will provide real examples and detail the process to decide between debt and equity. Why would one be a better choice today and the other be a better choice tomorrow? If you want to enhance your corporate finance skills, this session is for you.
Build Your Personal Net Worth (2 Finance Credits)
By the nature of our work and training, financial professionals are more sophisticated than the general population about their own personal finances. However, sometimes we spend so much time planning our company's future that we neglect or defer taking steps to build our own personal net worth. If you are dissatisfied with the speed that you are accumulating savings, this session will help put you on the right track. Even if you are meeting your goals, this session will provide insights and ideas that will add to and reinforce what you may already be doing.
Designed For: This series is for people who are, or aspire to be, chief financial officers. The discussions will be most appropriate for people in medium-sized organizations.
Instructor: Don Minges
Developer: Executive Education Inc
Area of Study: 4 Accounting, 4 Finance
Prerequisite: Management experience helpful