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Introduction to Financial Management - Brooklyn Park, MN
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(Class was formerly known as -Business Management 1) This course will focus on establishing a base of key accounting, bookkeeping and financial terminology and practices to provide a better understanding of what a company’s financials truly mean.

3/19/2019 to 3/20/2019
When: March 19 & 20, 2019
Day 1-9am - 5pm; Day 2-9am -Noon
Where: Hallmark Building Supplies
9350 W Broadway Ave
Suite 100
Brooklyn Park, Minnesota  55445
United States
Contact: Connie Johnson
763-595-4045


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This course will focus on establishing a base of key accounting, bookkeeping and financial terminology and practices to 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 of key financial terms;

  • Accounting basics, including:

    • Cash Accounting vs. Accrual Accounting;

    •  Debits vs. Credits;

    •  Assets vs. Liabilities;

    • Income vs. Expenses;

    • Accounts Receivables & Accounts Payable;

  • Understanding financial statements;

  • Review of common financial ratios used in the business;

  • Key metrics such as:

    • Inventory turns;

    • A/R days;

    • Benchmarking;

  • Industry trends.

Hosted by:

Registration Fee:

Member

$350 per person
(Three or more) - $325 per person

Regular/Non-Member

$525 per person