There has never been a more crucial time than now for
firm leaders to get serious about financial management. In a weak economy,
firms with poor financial management and controls are much more vulnerable
than those that take a disciplined approach to managing their businesses.
Your very survival as a business might depend on the financial acumen of
your management team.
Developed and taught by Ian Rusk, ZweigWhite’s own president, financial
consultant to architecture, engineering and environmental consulting firms
across the U.S. and abroad, and a former chief financial officer, this
day-long program is designed to introduce the typical A/E firm manager to
basic accounting and financial management concepts and skills.
Using a case-study format, participants will learn to read and interpret
income statements and balance sheets, understand basic accounting concepts,
utilize historical and predictive financial metrics, and learn industry best
practices for cash flow management. THIS COURSE IS A MUST FOR ANY DESIGN
PROFESSIONAL THAT MANAGES A DIVISION OR OFFICE, OR ASPIRES TO DO SO.
- Basic principles of accounting & financial reporting
- Distinctions between cash-basis and accrual-basis accounting
- How to read and interpret an income statement and balance sheet
- How to use financial ratios and comparative data to analyze
performance
- How to use predictive financial metrics to for strong and
consistent profitability
- Cash flow management and forecasting
- Financial reporting software systems
- Sources of capital and how to fund a growing business
- Basics of open book management
- Pros and cons of different types of incentive compensation
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This seminar provides a broad background in basic
concepts of financial management. Prior finance experience is not required.
The program was designed specifically for managing professionals from
architecture, engineering, planning, environmental consulting, and
construction businesses including:
- Principals
- Project managers
- Senior managers and associates
- Department managers
- Branch managers
- Senior technical staff
Additionally, CEOs, and other firm leaders who are looking for a finance
refresher course could benefit from this seminar.
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Testimonials from Past Attendees:
“Great Seminar! Very relevant topics,
examples and conversation within the group. I’d recommend to anyone involved
in running a business”
Ken Karl, Vice President
Cornerstone
“Very useful tips to be implemented- especially in a declining economic
arena"
Rick Shroads, President
Civiltec Engineering
Continuing Education
Call 800-466-6275