Understanding Your Financials: Navigating, Analyzing, and Utilizing Financial Statements for Better Decision-Making (Webinar)
BC Housing: 1 CPD Points
Description
Join our 1-hour webinar to gain a comprehensive understanding of your financials and unleash the potential of your business. Learn to decipher complex financial statements, identify key metrics, and harness the power of benchmarking to drive profitability. Whether you're in construction or any other industry, discover actionable strategies for making informed decisions that propel your business forward. Don't miss out on this opportunity to unlock the secrets to financial success!
Here's what to expect:
- Financial Statements Overview: Brief explanation of Income Statement, Balance Sheet, and Cash Flow Statement.
- Key Numbers Demystified: Identify crucial financial metrics and their significance.
- Unlocking Benchmarks: Importance of benchmarking and how to find relevant benchmarks.
- Profitability in Construction: Analyzing project profitability in the construction industry.
- Decision-Making with Financials: Strategies for using financial information to make informed decisions.
- Q&A Session
Disclaimer: The content of this presentation is for informational purposes only and should not be construed as financial advice.
Delivery Method: Virtual Session – Zoom Webinar
Course Fee Includes: Access to the course, course materials, and upon completion a digital certificate if requested.
Prerequisites
There are no prerequisites for this webinar.
Who Should Attend
This webinar is ideal for anyone involved in the construction industry, including:
- Business owners
- Entrepreneurs
- Managers
- Financial decision-makers
- Professionals in the construction industry or any other sector
- Individuals seeking clarity on financial statements
- Those interested in understanding key financial metrics
- Anyone looking to make strategic decisions based on financial data
Technical Requirements
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Computer or laptop
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This course will involve on-screen interaction with your instructor and classmates, reading/viewing on-screen content (slides or videos), and interacting via typing with questions or responses. For this reason, cellphones may not be adequate.
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Windows 10 or Mac iOS
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Internet connection - For best results, you will want to ensure you have an internet connection with an upload/download speed of 3-5 Mbps. You can test your internet speed here. Minimum recommended speed is 1.5 Mbps, but anything below 3 Mbps may result in loss of quality or buffering. Ideally hardwired connection versus wireless for stability - connect your computer directly to your router using an ethernet cable, rather than using your home wi-fi.
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A quiet space with minimal distractions - microphone will be engaged for interactive sessions. Please plan to be fully engaged in the class and clear your work schedule just as you would for the in-class program.
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Comfortable chair
Course Credit Information
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The course is eligible for 1 BC Housing CPD credit upon completion.
Registrants seeking BC Housing CPD credits for this course must complete all course components before a certificate showing BC Housing CPD credits earned will be issued.