This is the last of my post in promoting the Street Strategist Accounting and Finance short course. I believe its the best seminar on accounting and finance out there, but because it is very affordable and comprehensive. This is part 4 giving you some convincing reasons why you should attend the seminar. Click here for “Why you should enroll in the Street Strategist Accounting and Finance seminar - Part 1” for Part 2 click here “Why you should enroll in the Street Strategist Accounting and Finance seminar – Part 2” and for the third part click here: “Why you should enroll in the Street Strategist Accounting and Finance seminar – Part 3” 20.) Comprehensive two-day coverage of 5 years of accountancy and 2 years of MBA finance i) In just two days, the participants are exposed to the accounting ideas and concepts that are normally spread out over 5 years in Accountancy and 2 years of MBA. ii) On the second day, the participants will be analyzing the financial ratios of a company’s … [Read more...]
Why you should enroll in the Street Strategist Accounting and Finance seminar – Part 3
I’ve been promoting the Street Strategist Accounting and Finance short course for the past few post, not only because I believe its the best seminar on accounting and finance out there, but because it is very affordable and comprehensive. This is part 3 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” Click here for “Why you should enroll in the Street Strategist Accounting and Finance seminar – Part 2” 12.) Deepening of management bench At what time do you prepare your managers for empowerment, confidence, and knowledge to help in planning innovations, improving systems and designing efficient procedures for their divisions? Do you prepare them at the exact moment that you need their ideas, or do you prepare them months or years beforehand so that they will have time to practice, apply, and contemplate on their new skills? To deepen then management … [Read more...]
Why you should enroll in the Street Strategist Accounting and Finance seminar – Part 2
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 … [Read more...]
Why you should enroll in the Street Strategist Accounting and Finance seminar – Part 1
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. Here are some convincing reasons why you should attend the seminar: 1.) Essential component of any wholistic Management Development Program (MDP) This Accounting and Financial Literacy program (shortened to Financial Literacy Program or FLP) is an essential component of any MDP, in the same manner as we provide them training for customer service, team building, or salesmanship. 2.) Preventing problems vs. solving problems Is your manager solving problems? Or, is he preventing problems? This is very important. The manager who does not see the entire picture will solve the problems as they come. This is what happens when people with no financial background operate a complex financial system. However, the manager who has a better … [Read more...]
A quick accounting and financial management test for businessmen
Are you a businessman ? Do you have a grasp of the basic accounting and finance concept necessary in order for you to run your business ? This test will determine how in deep is your accounting and finance knowledge. 1. If Microsoft sold software on credit to a customer, which of the following is the correct accounting entry: a.) Debit – Revenue / then Credit - Accounts Receivable b. )Debit - Accounts Receivable / then Credit – Revenue 2. Since one cannot see the item called Accounts Receivable, is it classified as intangible or tangible asset? 3. Is depreciation a source of cash? Yes/No 4. Since interest expense is a “financing cost,” in the Statement of Cash Flows it should be grouped with: a) Operating activities b) Investing Activities c) Financing Activities 5. If the San Miguel Corp’s “cost of debt” is 12%, then we expect the company’s “cost of equity” to be: a. zero b. greater than zero but less than 12% c. equal to 12% d. more than 12% 6. Will … [Read more...]
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