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Business Management (a.k.a Financial Management) 1 - Golden Valley
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During this course, Emily will review financial terminology and work on establishing a base of key accounting, bookkeeping and best practices that will provide a better understanding of what a company’s financials truly mean.

 Export to Your Calendar 12/18/2017 to 12/19/2017
When: December 18 & 19, 2017
8:00 am - 5:00 pm day 1; 8:00 am - Noon day 2
Where: Builders Association of Twin Cities
2960 Centre Pointe Drive
St. Paul /Roseville, Minnesota 
United States
Contact: Connie Johnson
763.595.4045


Online registration is available until: 12/17/2017
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Instructor Emily Overson is an accounting professional who has spent the last 17 years in the LBM industry. During this course, Emily will review financial terminology and work on establishing a base of key accounting, bookkeeping and best practices that will provide a better understanding of what a company’s financials truly mean. Key financial ratios and industry specific examples will assist attendees in breaking down a company’s financial data to show how finances work and flow within a lumber business.

This program’s agenda includes:

  • Review financial terms
  • Accounting basics, including:
    • Cash Accounting vs. Accrual Accounting
    • Debits vs. Credits
    • Assets vs. Liabilities
    • Income vs. Expenses
    • Accounts Receivables & Accounts Payable
  • Understanding your financial statements
  • Review common financial ratios used in the business
  • Key metrics such as:
    • Inventory turns
    • A/R days
    • Benchmarking
  • Industry trends

Registration Fee

Member

$350 per person

Three or more - $325 per person

Certificate Enrollee - $310 per person

Regular/Non-Member

$525 per person

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