Pace 2009 Effective Financial ManagementLinnea Blair
Presented at PACE 2009 Convention by Linnea Blair, Advisors On Target. Some information in this presentation is sourced from RAN ONE, Inc. Advisors On Target is a RAN ONE Business Advisor.
Glossary of management accounting by shimul sarkarShimul Sarkar
it will very helpful for any viva exam. Glossary of management accounting terms
The definition of one word or phrase may depend on understanding another word or phrase defined elsewhere in the reference list. Words in bold indicate that such a definition is available.
Pace 2009 Effective Financial ManagementLinnea Blair
Presented at PACE 2009 Convention by Linnea Blair, Advisors On Target. Some information in this presentation is sourced from RAN ONE, Inc. Advisors On Target is a RAN ONE Business Advisor.
Glossary of management accounting by shimul sarkarShimul Sarkar
it will very helpful for any viva exam. Glossary of management accounting terms
The definition of one word or phrase may depend on understanding another word or phrase defined elsewhere in the reference list. Words in bold indicate that such a definition is available.
Prepared by: Group 1
Leader:
Bau, Ella Mae G.
Members:
Adem, Angelie Lyka L.
Amper, Catherine Mae S.
Atienza, Trisha Lane M.
Babela, Ma. Ella V.
Bagang, Aleli M.
Bartolome, Kristine Joy G.
Bayani, Emanuel M.
Cabrera, Kathleen Anne A.
Selling and administrative expenses can have a big impact on net income, thereby expenses here, need to be watched very carefully. It is important to create this budget by examining expense by vendor and ensuring each expense is still relevant to the smooth running of your business. It is possible to subscribe to services you needed in one year but bears no relevance to the next. However, because the fees are automatically deducted you still bear the expense.
In this revision presentation, we provide an overview of financial efficiency rations - which assess how effectively a business is managing its assets.
This case was presented in Fall 2009 and revolves around the decentralization of BP America after BP merged with Standard Oil in 1987. In this presentation, the changing role of staff departments is examined in this newly decentralized organization.
Next-generation integrated business planning: The Deloitte Perspective | AnaplanAnaplan
How can smart planning help your business become more agile and connected? What business activities can benefit from an integrated, real-time planning approach?
In this informative webinar, Bart Hughes from Deloitte will share perspectives on what business planning activites to integrate and when to do so on the journey to integrated business planning (IBP). You’ll gain perspective from Deloitte planning process experts across Finance, Sales, HR, and Supply Chain on how next-generation IBP can benefit your business and the steps you can take to get there.
https://www.anaplan.com/webinars/next-generation-integrated-business/
Break Even - Why Every Contractor Needs to Know It. Presented to PDCA Residential Forum Advanced Shop Talk on July 16, 2010 in Charleston, SC.
How to calculate your break-even point based on annual and monthly budgets
How to determine what it takes to make an investment in overhead pay for itself
Analyze your situation to determine what costs can be cut to lower your break-even
Determine how and when it makes sense to increase your overhead
Prepared by: Group 1
Leader:
Bau, Ella Mae G.
Members:
Adem, Angelie Lyka L.
Amper, Catherine Mae S.
Atienza, Trisha Lane M.
Babela, Ma. Ella V.
Bagang, Aleli M.
Bartolome, Kristine Joy G.
Bayani, Emanuel M.
Cabrera, Kathleen Anne A.
Selling and administrative expenses can have a big impact on net income, thereby expenses here, need to be watched very carefully. It is important to create this budget by examining expense by vendor and ensuring each expense is still relevant to the smooth running of your business. It is possible to subscribe to services you needed in one year but bears no relevance to the next. However, because the fees are automatically deducted you still bear the expense.
In this revision presentation, we provide an overview of financial efficiency rations - which assess how effectively a business is managing its assets.
This case was presented in Fall 2009 and revolves around the decentralization of BP America after BP merged with Standard Oil in 1987. In this presentation, the changing role of staff departments is examined in this newly decentralized organization.
Next-generation integrated business planning: The Deloitte Perspective | AnaplanAnaplan
How can smart planning help your business become more agile and connected? What business activities can benefit from an integrated, real-time planning approach?
In this informative webinar, Bart Hughes from Deloitte will share perspectives on what business planning activites to integrate and when to do so on the journey to integrated business planning (IBP). You’ll gain perspective from Deloitte planning process experts across Finance, Sales, HR, and Supply Chain on how next-generation IBP can benefit your business and the steps you can take to get there.
https://www.anaplan.com/webinars/next-generation-integrated-business/
Break Even - Why Every Contractor Needs to Know It. Presented to PDCA Residential Forum Advanced Shop Talk on July 16, 2010 in Charleston, SC.
How to calculate your break-even point based on annual and monthly budgets
How to determine what it takes to make an investment in overhead pay for itself
Analyze your situation to determine what costs can be cut to lower your break-even
Determine how and when it makes sense to increase your overhead
Balanced Scorecard is a management tool that provides stakeholders with a comprehensive measure of how the organization is progressing towards the achievement of its strategic goals.
Balances financial and non-financial measures
Balances short and long-term measures
Balances performance drivers (leading indicators) with outcome measures (lagging indicators)
Leads to strategic focus and organizational alignment.
Financial ratios and their use in understanding Financial StatementsPranav Dedhia
An introduction and in-depth understanding on the importance of Financial ratios in understanding financial statements of business entities along with relevant examples
Do you have the right tools to measure your financial performance? Do you know what elements are necessary to guide your business? Based on last year's rave reviews, Autotask's own Chief Financial Officer, Vince Zumbo, will return to lay out the fundamentals of planning and monitoring your financials for success. Vince will be aided by Autotask Product Manager Joe Rourke who will demonstrate how you can apply what you've learned by leveraging Autotask to support your business' optimal financial health. This session is full of tips, templates and insights that are used by financial professionals today and can be used by organizations of all sizes.
[Presenters: Vince Zumbo & Patrick Burns, Autotask]
Nirav Patel Hoboken - What Are They Selling You in Fast Food AdvertisingNirav B Patel Hoboken
Nirav B Patel Hoboken invests money in Restaurant and Ba business. He is a successful businessman. Nirav B Patel Hoboken the best investor in NJ to get profit.
Enterprise Excellence is Inclusive Excellence.pdfKaiNexus
Enterprise excellence and inclusive excellence are closely linked, and real-world challenges have shown that both are essential to the success of any organization. To achieve enterprise excellence, organizations must focus on improving their operations and processes while creating an inclusive environment that engages everyone. In this interactive session, the facilitator will highlight commonly established business practices and how they limit our ability to engage everyone every day. More importantly, though, participants will likely gain increased awareness of what we can do differently to maximize enterprise excellence through deliberate inclusion.
What is Enterprise Excellence?
Enterprise Excellence is a holistic approach that's aimed at achieving world-class performance across all aspects of the organization.
What might I learn?
A way to engage all in creating Inclusive Excellence. Lessons from the US military and their parallels to the story of Harry Potter. How belt systems and CI teams can destroy inclusive practices. How leadership language invites people to the party. There are three things leaders can do to engage everyone every day: maximizing psychological safety to create environments where folks learn, contribute, and challenge the status quo.
Who might benefit? Anyone and everyone leading folks from the shop floor to top floor.
Dr. William Harvey is a seasoned Operations Leader with extensive experience in chemical processing, manufacturing, and operations management. At Michelman, he currently oversees multiple sites, leading teams in strategic planning and coaching/practicing continuous improvement. William is set to start his eighth year of teaching at the University of Cincinnati where he teaches marketing, finance, and management. William holds various certifications in change management, quality, leadership, operational excellence, team building, and DiSC, among others.
Kseniya Leshchenko: Shared development support service model as the way to ma...Lviv Startup Club
Kseniya Leshchenko: Shared development support service model as the way to make small projects with small budgets profitable for the company (UA)
Kyiv PMDay 2024 Summer
Website – www.pmday.org
Youtube – https://www.youtube.com/startuplviv
FB – https://www.facebook.com/pmdayconference
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
What is the TDS Return Filing Due Date for FY 2024-25.pdfseoforlegalpillers
It is crucial for the taxpayers to understand about the TDS Return Filing Due Date, so that they can fulfill your TDS obligations efficiently. Taxpayers can avoid penalties by sticking to the deadlines and by accurate filing of TDS. Timely filing of TDS will make sure about the availability of tax credits. You can also seek the professional guidance of experts like Legal Pillers for timely filing of the TDS Return.
Recruiting in the Digital Age: A Social Media MasterclassLuanWise
In this masterclass, presented at the Global HR Summit on 5th June 2024, Luan Wise explored the essential features of social media platforms that support talent acquisition, including LinkedIn, Facebook, Instagram, X (formerly Twitter) and TikTok.
RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...BBPMedia1
Marvin neemt je in deze presentatie mee in de voordelen van non-endemic advertising op retail media netwerken. Hij brengt ook de uitdagingen in beeld die de markt op dit moment heeft op het gebied van retail media voor niet-leveranciers.
Retail media wordt gezien als het nieuwe advertising-medium en ook mediabureaus richten massaal retail media-afdelingen op. Merken die niet in de betreffende winkel liggen staan ook nog niet in de rij om op de retail media netwerken te adverteren. Marvin belicht de uitdagingen die er zijn om echt aansluiting te vinden op die markt van non-endemic advertising.
Putting the SPARK into Virtual Training.pptxCynthia Clay
This 60-minute webinar, sponsored by Adobe, was delivered for the Training Mag Network. It explored the five elements of SPARK: Storytelling, Purpose, Action, Relationships, and Kudos. Knowing how to tell a well-structured story is key to building long-term memory. Stating a clear purpose that doesn't take away from the discovery learning process is critical. Ensuring that people move from theory to practical application is imperative. Creating strong social learning is the key to commitment and engagement. Validating and affirming participants' comments is the way to create a positive learning environment.
Implicitly or explicitly all competing businesses employ a strategy to select a mix
of marketing resources. Formulating such competitive strategies fundamentally
involves recognizing relationships between elements of the marketing mix (e.g.,
price and product quality), as well as assessing competitive and market conditions
(i.e., industry structure in the language of economics).
RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...BBPMedia1
Grote partijen zijn al een tijdje onderweg met retail media. Ondertussen worden in dit domein ook de kansen zichtbaar voor andere spelers in de markt. Maar met die kansen ontstaan ook vragen: Zelf retail media worden of erop adverteren? In welke fase van de funnel past het en hoe integreer je het in een mediaplan? Wat is nu precies het verschil met marketplaces en Programmatic ads? In dit half uur beslechten we de dilemma's en krijg je antwoorden op wanneer het voor jou tijd is om de volgende stap te zetten.
Affordable Stationery Printing Services in Jaipur | Navpack n PrintNavpack & Print
Looking for professional printing services in Jaipur? Navpack n Print offers high-quality and affordable stationery printing for all your business needs. Stand out with custom stationery designs and fast turnaround times. Contact us today for a quote!
3.0 Project 2_ Developing My Brand Identity Kit.pptxtanyjahb
A personal brand exploration presentation summarizes an individual's unique qualities and goals, covering strengths, values, passions, and target audience. It helps individuals understand what makes them stand out, their desired image, and how they aim to achieve it.
[Note: This is a partial preview. To download this presentation, visit:
https://www.oeconsulting.com.sg/training-presentations]
Sustainability has become an increasingly critical topic as the world recognizes the need to protect our planet and its resources for future generations. Sustainability means meeting our current needs without compromising the ability of future generations to meet theirs. It involves long-term planning and consideration of the consequences of our actions. The goal is to create strategies that ensure the long-term viability of People, Planet, and Profit.
Leading companies such as Nike, Toyota, and Siemens are prioritizing sustainable innovation in their business models, setting an example for others to follow. In this Sustainability training presentation, you will learn key concepts, principles, and practices of sustainability applicable across industries. This training aims to create awareness and educate employees, senior executives, consultants, and other key stakeholders, including investors, policymakers, and supply chain partners, on the importance and implementation of sustainability.
LEARNING OBJECTIVES
1. Develop a comprehensive understanding of the fundamental principles and concepts that form the foundation of sustainability within corporate environments.
2. Explore the sustainability implementation model, focusing on effective measures and reporting strategies to track and communicate sustainability efforts.
3. Identify and define best practices and critical success factors essential for achieving sustainability goals within organizations.
CONTENTS
1. Introduction and Key Concepts of Sustainability
2. Principles and Practices of Sustainability
3. Measures and Reporting in Sustainability
4. Sustainability Implementation & Best Practices
To download the complete presentation, visit: https://www.oeconsulting.com.sg/training-presentations
Company Valuation webinar series - Tuesday, 4 June 2024FelixPerez547899
This session provided an update as to the latest valuation data in the UK and then delved into a discussion on the upcoming election and the impacts on valuation. We finished, as always with a Q&A
The world of search engine optimization (SEO) is buzzing with discussions after Google confirmed that around 2,500 leaked internal documents related to its Search feature are indeed authentic. The revelation has sparked significant concerns within the SEO community. The leaked documents were initially reported by SEO experts Rand Fishkin and Mike King, igniting widespread analysis and discourse. For More Info:- https://news.arihantwebtech.com/search-disrupted-googles-leaked-documents-rock-the-seo-world/
Digital Transformation and IT Strategy Toolkit and TemplatesAurelien Domont, MBA
This Digital Transformation and IT Strategy Toolkit was created by ex-McKinsey, Deloitte and BCG Management Consultants, after more than 5,000 hours of work. It is considered the world's best & most comprehensive Digital Transformation and IT Strategy Toolkit. It includes all the Frameworks, Best Practices & Templates required to successfully undertake the Digital Transformation of your organization and define a robust IT Strategy.
Editable Toolkit to help you reuse our content: 700 Powerpoint slides | 35 Excel sheets | 84 minutes of Video training
This PowerPoint presentation is only a small preview of our Toolkits. For more details, visit www.domontconsulting.com
3. Operating Procedures
Goals
Define the five functions of
management.
Describe five types of policies that
should be included in an operations
manual.
5. Management Functions
manager
the person responsible for planning, organizing,
staffing, implementing and controlling the
operations of a business
management
the process of achieving goals by establishing
operating procedures
making effective use of people and other
resources
6. Planning
Strategic planning
planning for the three to five years ahead
setting broad, long-range objectives
Intermediate-range planning
planning for a one-year period
set target dates for task completion
Short-term planning
planning for daily operations
7. Organizing
Assignment of tasks
determining which employee is
responsible for specific tasks
Grouping of tasks into departments
grouping closely related tasks together
8. a plan that shows how the various jobs in a
company relate to one another
often represented in a chart
Allocation of resources across the
organization
determining the most efficient use of
resources
Organizational structure
9. Staffing
Managing the personnel needs of a
business through:
obtaining
training
compensating
10. Implementing
Implementing involves directing and
leading people to accomplish the goals
of an organization.
management style
the way a manager behaves toward and
works with employees
11. the manager is directive and controlling
democratic management
employees are involved in decision making
the manager provides less direction
mixed management
a combination of authoritative and
democratic management
authoritative management
12. Controlling
Controlling is the process of:
setting organizational standards
ensuring those standards are met
comparing actual revenues and expenses with
projected revenue and expenses
determining if operations are running effectively
inspecting products and services to ensure they
are meeting performance standards
14. Operations Manual
operations manual
contains all the rules, policies, and
procedures that a business should follow
to function effectively
employee handbook
details the rules, policies, and procedures
that apply to employees
15. Set daily operating hours that are convenient
for customers.
Customer Service Policies
Customer satisfaction is the goal.
returns
follow-up service
Operating Policies
16. often offered for customer convenience
The policy should cover:
whether you will offer delivery
delivery fee
delivery timeframe
Delivery Policies
17. application process
testing requirements
background checks
Safety Policies
Employees should be trained in emergency
procedures.
Hiring Policies
18. What type of information should
be included in an operations
manual?
19. Inventory Management
Goals
Prepare a purchasing plan for
inventory.
Describe the perpetual and periodic
inventory methods.
Determine how much inventory to keep
in stock.
21. Meet Inventory Needs
inventory
the stock of goods a business has for sale
Inventory costs include:
storage
insurance
taxes
purchase price of inventory
Inventory must be well managed if you want
to make a profit.
22. Purchasing Plan
The sales forecast can be used to
calculate required inventory.
Ending inventory =
Beginning inventory + Purchases ─
Sales
23.
24. What are some of the concerns managers have
regarding inventory?
26. Perpetual Inventory Method
perpetual inventory method
monitors inventory levels daily
efficient
avoids inventory shortages
stock card
a paper inventory record for a single item
electronic versions available
27. the minimum amount you want to keep in
inventory
indicates when you should place an order to
receive more units
reorder point
28.
29. Use a Computer
point-of-sale (POS) software system
updates inventory as each sale happens
provides up-to-date inventory levels
30. taking a physical count of merchandise at
regular intervals
Take a Physical Inventory
counting the number of items in stock
should be done once or twice a year
can highlight discrepancies caused by a
failure to record
sales
theft
damage
Periodic Inventory Method
31. How does the perpetual inventory method
differ from the periodic inventory method?
32. Manage Your Inventory
Costs of Carrying Inventory
Costs can increase for many reasons
including:
obsolescence
deterioration
interest fees
insurance
storage
33. Stock shortages can lead to:
loss of sales
loss of customer loyalty
Stock Turnover Rate
the rate at which inventory is sold and
replaced with new inventory
Months of inventory to stock =
Months in year ÷ Stock turnover rate
Costs of Being Out of Stock
34. What three factors determine the
amount of inventory a business keeps
in stock?
37. Manage Your Cash Flow
Create a Cash Budget
cash budget
shows the projection of your cash coming in
and going out
estimated cash flow
actual cash flow
the difference between the two
38.
39. Increase Cash Receipts
discounts for timely payment
tighter credit policies
collect unpaid accounts receivable
hold shipments to customers with unpaid bills
Decrease Cash Disbursements
inventory reductions
reducing the payroll
use credit from suppliers
reduce variable expenses
Improve Your Cash Flow
42. revenues
expenses
net income or loss over a specific
period or time
balance sheet
assets
liabilities
owner’s equity
income statement
43. Analyze Sales
Sales records can:
show trends and patterns
be used to forecast future sales
44. helps you decide what type of inventory to
stock
helps you increase sales and profits
Analyze Sales by Product
45.
46. Analyze Net Profit on Sales
Net profit on sales =
Net income after taxes ÷ Net sales
47. Calculate Net Sales
gross sales
dollar amount of all sales
net sales =
gross sales ─ returns
48. Calculate Net Income After
Taxes
Gross profit =
Net sales ─ Cost of goods sold
Net income from operations =
Gross profit ─ Operating expenses
49. Net income from operations ─ Interest
expense
Net income after taxes =
Net income before taxes ─ Income tax
paid
Net income before taxes =
50.
51. Calculate and Analyze Net
Profit on Sales
Net profit on sales =
Net income after taxes ÷ Net sales
Net profit helps to determine the
profitability of your business.
can compare with prior years
can compare against industry standards
52. Set and Meet Profit Goals
Profit goals reflect the amount of profit
you hope to earn during a particular
year.
53. Perform Breakeven Analysis
breakeven point
the volume of sales that must be made to
cover all business expenses
Profit occurs after the breakeven point
is exceeded.
54.
55. Analyze Debt and Equity
The four key areas entrepreneurs
should review using data from the
balance sheet are:
Ability to pay debt as it comes due
Return on assets
Amount of debt the company is using
Rate of return by the owners on their
equity investment
56. Ability to Pay Debt
A company is liquid if it has enough
money to pay off any debt.
Current ratio =
Current assets ÷ Current liabilities
57. Return on Assets
ROA indicates how profitable a
company is relative to the total
amount of assets invested in the
company.
Return on assets =
Net income ÷ Total assets
58. Debt Ratio
The amount of debt, relative to total
assets, used to finance a business
should be examined.
Debt ration =
Total debt ÷ Total assets
59. Return on Equity
The ROE is the rate of return the
owners are receiving on their equity
investment.
Return on equity =
Net income ÷ Owner’s equity
60.
61. Why is it important for an entrepreneur
to analyze the financial statements of
the business?
62. PERFORMANCE COMPENTENCIES
Demonstrate good communication skills
Describe project development and
implementation
Describe the partnership
Demonstrate the ability to make a professional
presentation
Answer questions effectively
63. GIVE IT A TRY
Development (description of the partnership
goals, description of planning activities used
to build a partnership, and roles of business
leaders and chapter members in developing
the partnership)
64. Results (description of concepts
learned from the project and the impact
of the project)
Implementation (description of
activities, level of involvement from
business leaders, and roles of business
leaders and chapter members)
65. Evidence of Publicity (description of the
recognition received as a result of the
partnership)
Degree of Involvement (hours spent
and contacts made)