Administrative or Accounting professionals are the backbone of almost every organization. Your work might run the gamutβhandling phone calls, coordinating meetings, creating reports, and a million other things. Youβre working the front line. Youβre behind the scenes, confidently handling it all. But when the discussion turns to βthe numbers,β itβs easy to feel intimidated by the jargon β¦ and a little uncertain about what it really means.
A basic understanding of accounting principles is all you need to feel more assured and give you the insight you need to make more informed decisions.
This webinar is intended for all financial & non-financial professionals and is designed for those who need to read and understand financial statements and will explain how to analyze these statements in order to make better decisions.
Learning Objectives:-
When you learn to understand basic financial ratios and concepts, your decision-making abilities are greatly increased. This topic is intended to be practical and is designed for those who need to read and understand financial statements and will explain how to analyze these statements in order to make better decisions. Financial statement analysis is used to find out what is right or wrong with a company's financial operations and why. Financial statements become so much more informative when the user analyzes the relationships of particular accounts or groups of accounts in those statements. The information is further enhanced if these analyses are compared over a series of years or to benchmark norms developed from financial statements of a representative sample of several companies in the same industry.
Areas Covered:-
Overview of Cash vs. Accrual Methods of Accounting
- What Is the Difference?
- When Is Each Appropriate?
Review of the Basic Financial Statements
- Balance Sheet
- Income Statement
- Cash Flow Statement
Analyzing Financial Statements for Management Decision Making
- Ratio Analysis
- Assessing the Company's Strengths and Weaknesses
- Break-Even Analysis
Kevin Minkoff
Biography:
Kevin specializes in taxation, computerization and management consulting for small and medium sized businesses.
He is a member of the Oregon CPA Society and the American Institute of Certified Public Accountants. Kevin currently serves on the board and Finance Committee of SE Works. Kevin has served on the boards of Snow-CAP, the Troutdale Area Chamber of Commerce and the Sandy Area Chamber of Commerce. From December 1996 through October 1997, Kevin authored a weekly column in the central California daily newspaper, The Hollister Freelance, on tax and business management issues. Kevin was raised in Palo Alto, California, home of Stanford University. He began his career in Los Angeles after graduating with a B.S. degree in accounting from the University of Southern California (USC) and moved his practice to Monterey, California in 1990. He relocated to Oregon in 1997.
Kevin regularly presents a series of financial management courses for small business owners and managers. Kevin also assists businesses owners with business planning, financial budgeting and forecasting, strategic operations, and integrative management processes.
EMPLOYMENT HISTORY
KEVIN R. MINKOFF, CPA, PC β CPA Specializing in Tax and Management Consulting East-Portland/Gresham/Troutdale/Sandy, Oregon Since 1997
MAGINNIS & CAREY LLP β Senior Accountant/Marketing Committee Portland, Oregon 1997 β 1998
KASAVAN, POPE & MCGILLOWAY β Senior Accountant/Marketing Manager Monterey/Salinas/Hollister, CA 1993 β 1997
KEVIN MINKOFF & ASSOCIATES β Self-employed CPA business consultant Los Angeles/Monterey, CA 1986-1993
FRIEDMAN, KINZELBERG & BRODER β Senior Accountant, Century City, CA 1984-1986
LAVENTHAL & HORWATH β Staff Auditor/Tax Preparer, Los Angeles, CA 1981-1984
EDUCATION
UNIVERSITY OF SOUTHERN CALIFORNIA (USC)
B.S. β Accounting and Communication, Los Angeles, CA
CREDENTIALS
Current CPA licensed in Oregon and Washington
PROFESSIONAL MEMBERSHIPS
AMERICAN INSTITUTE OF CPAs
OREGON SOCIETY OF CPAs
COMMUNITY INVOLVEMENT
PORTLAND HOUSING CENTER β Instructor
PORTLAND HOUSING BUREAU β Instructor
EAST PORTLAND CHAMBER OF COMMERCE β Government & Economic Affairs Committee
EAST PORTLAND ACTION PLAN (EPAP) β Member, Economic Development subcommittee
GATEWAY AREA BUSINESS ASSOCIATION β Member