101 Financial Solutions: Diagnosis and Remedy ON DEMAND

Overview

For managers and entrepreneurs, the ability to adeptly manage a company’s assets is crucial, yet the interconnected nature of finances can pose significant challenges. Short-term financial issues, like cash flow shortages, can spiral into long-term problems, such as loan denials. This course is tailored to address these challenges, equipping business leaders with the skills to identify, resolve, and prevent both immediate and potential financial pitfalls. We delve into the intricacies of managing a business’s day-to-day finances, providing insights into recognizing revenue base erosion, analyzing merchandise return causes, and understanding inventory management complexities. You’ll learn to navigate the delicate balance of inventory costs, apply cost-volume-profit analysis, and identify signs of financial distress. This course doesn’t just highlight problems; it offers practical strategies and solutions, preparing you to mitigate ripple effects across different sectors of your business and secure your company’s financial health.

Highlights

Pricing. Sales and advertising. Inventory. Production shortfalls. Profit targets. Unrealistic break-even point. Excessive cost-to-production volume. Weak sales mix. Potential loss of a contract. Risk-return unbalance. Risk in the industry, and more.

Prerequisites

None.

Designed For

CPAs, managers, and entrepreneurs.

Objectives

Recognize signs in the concept of revenue base erosion. Identify irrelevant cost factors when evaluation special orders. Identify the causes of low turnover of merchandise. Recognize trade-offs between excessive inventory ordering and carrying costs. Identify order costs and carrying costs associated with inventory management. Identify concepts used in the analysis of profitability. Recognize ways to reduce the break-even point, and limitations of break-even analysis. Identify the risk-return trade-off. Recognize components of interest rate risk. Recognize influences that can adversely affect the market price of a stock. Identify the objectives of debt rating services and some bond terminology. Identify the conditions when bankruptcy looms. Recognize steps management can take to avoid business failure, and more.