Wednesday, March 25, 2015

5:30PM to 8:30PM

Financials: Accounting Tools for Money Management (4 of 6) 

Overview of the Topic:
The concepts and application of basic accounting principles as utilized to measure the success of any business.  This workshop will discuss the fundamentals of Financial and Managerial Accounting. 

Description of the workshop:
Financial topics covered will include: Types of accounting methods, Chart of Accounts, Balance Sheet and Profit and Loss Statement, Entries to the financial statements.  Managerial topics covered will include: Product/Job Costing, Cash Flow Projections, and Net Present Value, making decisions based on limited resources, pricing decisions, breakeven analysis and business ratios among other topics.

Rick Rubenstein

In 1976, Rick founded RMS Technology Solutions and guided RMS through three distinct technology endeavors: software development, network and systems integration and city-wide video surveillance for law enforcement agencies.

Arnie Goldberg

Arnie is a retired commercial lender who specializes in capital equipment lending. Arnie has spent most of his career analyzing financial statements to determine credit worthiness of potential borrowers and their ability to repay their loans.

Arnie and Rick have firsthand knowledge of the intricacies of financial statements and how to utilize them to monitor a business.