Finance for business manager
- March 12, 2020 - March 27, 2020
- 5:30 pm to 8:30 pm
- Protik Innovation Center
- 067 21 20 400
Competent business managers require basic financial skills to manage their operations efficiently. They must minimize corporate liabilities and adhere to local, state and federal regulations. Managers of small businesses need to maintain a level of cash reserves and financial flexibility.
Business managers need to know how to prepare financial reports that provide information about a company’s performance. External investors, creditors and government authorities review these reports according to Generally Accepted Accounting Principles guidelines. Managerial accounting practices do not usually follow GAAP because company executives typically use them to make internal decisions. Competent business managers need to be able read a profit and loss statement and balance sheet to identify a company’s assets — the obligations to pay debts known as liabilities plus the owner’s equity. Being able to read financial statements that display company income and expenditures enables a business manager to make sound decisions.
- 5:30 PM — 6:00 PM
- 6:00 PM — 6:30 PM
- 6:30 PM — 7:00 PM
- 7:00 PM — 7:30 PM
- 7:30 PM — 8:30 PM
Personal accountability and strong work ethic
One of the best financial consultants in Albania