This document outlines a detailed sequence of financial topics to be covered over 5 days of training. The topics include an overview of financial management and its key parts like accounting, planning, and risk management. It will discuss businesses as microeconomic systems and how cash flows and leverage operate. Specific topics to be covered are financial statements, double-entry accounting, ratio analysis, monitoring performance, financial modeling, and capital preparedness. The goal is to provide a central, guiding perspective on financial management and monitoring of a business.

1. © Copyright Jeremy Kravetz 2016. All rights reserved
DETAILED FINANCIAL TOPICS SEQUENCE
(Days 4 – 8)
FINANCIALMANAGEMENTINTRO/OVERVIEW - Central,organizing,andguidingforce
1) Key Parts of Financial Management:
 Basic Accounting
 Management Accounting – monitoring, analysis,informing,advising
 Early problem/threat detection
 Corrective actions - integrated cross-functional
 CFO vs. VP of Finance
 Long range modeling/forecasting/planning –for future growth, projects,initiatives,ventures,businesses,
enterprises, mergers, acquisitions –to grow, develop, scale,accelerate,diversify,createvalue,exit.
 Strategic monitoringand management of big-picturelong-term development
 Capital readiness/procurement and stakeholder relationship management
 Risk management / wealth preservation
2) Planningand Management by life-cyclephase
3) Process - circular and continuous,who is involved
4) Incremental development process – listof specific,ordered steps to achieve
5) Organizational/Systems
6) Benefits, ValueCreation
BUSINESSES AS MICROECONOMIC/FINANCIALSYSTEMS– Structure. Cash Flow. Leverage.
7) Business as a micro-economic system- Big-picture,systems-oriented view of the business process and Cash
Flow
8) Business process and investment cycles - multiplestakeholders, capital procurement, acquisition of assets,
production and delivery of goods and services,income,growth, operations,costs and expenses, reinvestment,
returns to lenders and investors,and future value-creation.
9) LEVERAGE - How financial leverageoperates simultaneously atseveral levels in a business
a) Enterprise assets leverageall debt and equity to create income
b) Debt leverages equity
c) Equity leverages entrepreneurial vision and sweat
d) Growth leverages financial value
10) KEY Leverage ratios –Cost of Capital vs.Return on Assets
FINANCIALSTATEMENTS
11) Financial statements – Profit& Loss Statement
12) Financial statements – Sources and Uses of Funds (Cash flow),and Financial structure–BalanceSheet
13) Relationship of P&L, sources and uses of funds, and BalanceSheet
14) Central role of the balancesheet

2. © Copyright Jeremy Kravetz 2016. All rights reserved
DETAILED FINANCIAL TOPICS SEQUENCE
DOUBLE-ENTRY ACCRUAL ACCOUNTING
15) Accounting – Double entry accounting
16) Monthly Accounting
17) Difference between income, cash income, and cash flow – Jill’s lemonade stand
18) Chart of accountdesign
STRUCTURE AND PERFORMANCEMONITORING – Ratio Analysis
19) Basic accountingvs.management accounting
20) Financial Ratios - monitor financial vitality,efficiency,financial structure,costof capital,useof leverage, ROI,
etc.
21) Break-even analysis - costs,semi-directcosts,expenses.Moving break-even-point
22) Common-size financial statements
23) Management KPI Dashboards
MONITORING AND DETECTING CHANGES AND TRENDS
24) Ratio Trend Analysis
25) Performance dashboards - KPIs for ops,finance, mktg., TQM, problem detection, trends
26) Early detection of changes – ratio trend-analysis
STRUCTURE – MULTIPLE /OPERATING PROFIT CENTERS
27) Structure - Multipleprofitcenters – more complex systems
28) Calculating/separatingNet Profits and balancesheets for different activities
29) Managingfinancial structurefor risk reduction/incomestabilization
30) Usingratios to monitor
31) Usingratios to forecast/project
32) Risk-management - stress-testinganalysis
33) Structuringfor income diversification/stabilization
FINANCIALMODELING/FORECASTING/PLANNING
34) Overall businessplanning
35) (Future) financial modeling/planning –Features, Uses, Benefits
36) Uses for projects, ventures, initiatives,businesses,enterprises,combinations
37) Strategic Budgeting
38) Example Plans
39) Best practices –organization,analysis,presentation
40) Analyses for all stakeholders

3. © Copyright Jeremy Kravetz 2016. All rights reserved
DETAILED FINANCIAL TOPICS SEQUENCE
MONITORING PERFORMANCE, GROWTHAND DEVELOPMENT
41) Trackingand long-rangemanagement of growth and development
42) Understandingthe relationships/limitations for basic accounting,management accounting, and and financial
management – Roles/limitations of accountants, CPAs,CFOs and VPs of Finance
43) Capital Procurement – 5Cs of credit, capital preparedness,plans,analyses
44) Maximizingownership and control
CAPITAL PREPAREDNESS AND PROCUREMENT
45) 5 Cs of Credit/Banking:
46) SBA checklist
47) Business Plans–for investors,lenders
48) Financial Plan
49) Negotiation and strategic presentations for maximizingownership and control