Training the Financials Start with the basics - Balance Statement, Income Statement, and Cash Flow Statement.

Make sure everybody in your meeting understands how to read these 3 vital statements. Next discuss the drivers of profitability and where to find it on the respective statements. Now move to assets and how it is created, then move to how cash is created.

Finally close with how their day-to-day behavior impacts the numbers.

Topics:

• Conduct basic financial training
• How to read the key business documents - balance sheet, profit and loss statement, and sources and uses of cash.
• The goal - improve employee competence to participate in the process
• Map Your Processes
• Fully Burden Everything with True Costs
• Conduct advance profitability training
• Build a model for how the company makes and keeps money
• Turn the model into a game - use it for application training