All prices are in Canadian dollars.

SMT - Accounting & Finance

Date:   Nov 21, 2019 - Nov 22, 2019
Time:   8:30 AM (AST)
Location:   Future Inns
30 Fairfax Drive
Halifax, NS

This seminar provides a comprehensive overview of how finance impacts supply management.

Basic terminology used in finance and accounting is defined. Participants learn how to read financial statements and understand how decisions are taken. They will be introduced to using key ratios to interpret financial information. The principles of accounting and budgeting will be presented. Participants will gain an understanding of how supply management practitioners make a business case for an investment and evaluate investment opportunities.

Learning Objectives

Upon completion of this seminar candidates should be able to:

• Describe the content that is found in the major sections of each of the financial statements.
• Assemble appropriate accounts to create a simple Income Statement and Balance Sheet for a business.
• Use examples to illustrate the concept of liquidity and be able to describe the relationship of the Cash Flow Statement to the other three statements.
• Relate financial, investing and operating decisions to financial statements.
• Have a general understanding of the accounting process.
• Use basic accounting terms correctly.
• Trace the flow of accounting information from the Income Statement through the Statement of Retained Earnings and into the Balance Sheet.

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