I’ve been promoting the Street Strategist Accounting and Finance short course for the past few post, not only because I believe it’s the best seminar on accounting and finance out there, but because it is very affordable and comprehensive. This is part 2 giving you some convincing reasons why you should attend the seminar. Click here for “Part 1 of Why you should enroll in the Street Strategist Accounting and Finance seminar”
5.) Financial services firm whose managers have zero education on finance?
A financial services firm whose managers have no education in accounting and finance is
incongruous. They do not even know the difference between an operating expense and a capex, or debit from
credit. Our line managers come from different backgrounds some are Psych majors, some are nurses, some
are engineers. The financially literate branch managers are a minority. Besides, the FLP is only for two days.
Such a very short two-day course with a value-added financial education is a small but long-lasting act of extending the skills of our line managers.
6.) Professional Company Image building
A massive financial literacy campaign for the company’s line managers will enrich the company’s
professional standing. Are we planning for a listing on the stock exchange? Entering into joint ventures with foreign firms? Are we sending a message to the customers that we are a strong company with quality management and quality delivery of services?
7.) Managers without knowing what is debit or credit, or how to analyze financial statements
In merely two days, political science graduates will be analyzing financial statements, and that is why
it is very beneficial that our managers, at least, will have this kind of exposure to improve their skills
and confidence in running their branches and also in thinking of new ways to improve existing
8.) Imparting Core Skills
Financial analysis and accounting knowledge are core skills of any manager of any company. We
need to impart these core skills to our managers, sooner or later. The sooner, we impart these skills, the earlier we can strengthen their managerial skills.
9.) Matching of skills and the nature of the business
In other companies, accounting and financial skills for managers are necessary for the latter to acquire
business sense even if those managers are in the factories or in the sales divisions. But for our company, this is a matter of matching the skills of our managers to the nature of the business itself. This is a greater impetus to empower them with financial literacy.
10.) Basic minimum knowledge
Aside from being a core skill that any manager should have, accounting and financial literacy is basic
minimum knowledge for any supervisor in any company. We all have chemical literacy, geometry literacy, science literacy and mathematical literacy which have no direct bearing to running a business. And yet we have no financial literacy at all despite the fact that any business is plan, operated, and
evaluated from the financial viewpoint?
11.) Synchronized and uniform knowledge
There is a need to have a common language, a common reference point so that top management and
the finance department can implement new accounting systems and procedures without having to
worry whether or not the line managers really understand what you are talking about. What is the
difference between an operating income from a one-time gain or loss? You will be assured that each of your employees is synchronized in terms of financial literacy. That assurance is very beneficial to top management.
Interested to enroll ? Email the Street Strategist for the schedule of the latest seminars at streetstrategistconsultingNOSPAM@gmail.com (Please remove NOSPAM to reveal the true email address) In house company seminars are also accepted. So enroll now instead of buying gifts for guys.