From Operations to P&L Leader Workshop
The Next Workshop is November 6-9th, 2024
Not able to make it to the next session? Send us a message to request dates that work better with your schedule!
After Working With Many Large Companies And Seeing The Same Thing, We Wanted To Create A Solution.
These organizations promoted many sales and operations personnel to division managers, and they were then responsible for managing financial statements. Some of them have never seen a financial statement, and most had never managed a department financially.
You may also be a business owner and have seen growth in your business. As a result, you need better data to make decisions. Or you may have taken a role that required honing your accounting and financial skills. So, if you or your employees are in this position, you are not alone.
These reasons are why we developed the From Operations to P&L Leader Workshop, which is your one-stop training and coaching program.
As a P&L leader, you are expected to know everything about your P&L. However, it isn’t fair to expect you to know it all, so we created this workshop based on our own experience. Over the past 25+ years, our team has worked as executives and P&L leaders. We have also worked with large, small, publicly traded, and private companies that have experienced similar challenges. The From Operations to P&L Leader Workshop is designed for employees without any accounting/financial background that are now managing financial statements and profitability.
Our workshop is held across 3 sections. The first covers the accounting basics. Next, we go in-depth about what P&L leaders need to know about accounting and financial statement basics. In the third section, we cover CAPEX, ROI, ROC, IRR, valuation, and revenue recognition. Finally, we show you how to successfully budget using our budgeting process.
Who Attends The From Operations to P&L Leader Workshop
Classroom Setting
Enroll in an upcomping 3-day in 3 month class by selecting a series below. Each series has 8-10 individuals learning how to be a P&L Leader.
One-On-One Coaching
If you are looking for a more customized version of our program or need to attend at a different times/frequencies that our classroom offers, reach out to us to learn more about our one-on-one setting.
What to Expect
- Your message will be received during regular business hours (M-F 9 AM – 5 PM)
- We will reach out to you within 24 hours of receiving your message
Value that Comes from the From Operations to P&L Leader Workshop
- Learn the basic accounting tools you need to successfully manage your operation
- Learn how to be a financial leader to your team & how to implement financial leadership within your organization
When you attend this workshop, our President, Dan Corredor, will greet you. Dan has 28+ years of experience consulting and managing companies in different industries, in different countries, and with different sizes. With extensive operational and financial knowledge, Dan understands what a sales or operations employee understands. He translates the CFO-speak to sales/operations language.
- DAY 1
- DAY 2
- DAY 3
DAY 1
Understanding The Basics Of Accounting
The first day of the series is focused on answering the question, “what is accounting?” We look at the accounting cycle in every business. Then we dive into what a P&L, Balance Sheet, and Cash Flow Statement are. Finally, we tie how all these statements connect. The participants are also trained with tools that can immediately be used to improve financials in their organizations.
TOPICS COVERED
- P&L Basics
- Working Capital
- Inventory
- Ratio Analysis
- Cash Flow Forecast
- EBITDA
- Other Financial Tools & Internal Controls
- Other Accounting Reports
- Accounting Software
DAY 2
Other Than Accounting
The second day of the series answers the question, “what else does a P&L leader need to know?” During the first part of the day, you will learn how banks think, what debt covenants are, what the cost of capital is, how to improve your creditworthiness and bank ratios. Then, we dive into cash management and treasury. You will also be able to identify both your financial KPIs and operational KPIs. You’ll learn other methods that will enable you to be more of a strategic leader in your organization.
TOPICS COVERED
- P&L Basics
- Working Capital
- Inventory
- Ratio Analysis
- Cash Flow Forecast
- EBITDA
- Other Financial Tools & Internal Controls
- Other Accounting Reports
- Accounting Software
DAY 3
Capex, ROI, ROC, IRR, Valuations, Revenue Recognition, & Budgeting
The third day of the series focuses on defining CAPEX, ROI, ROC, IRR, valuation, and revenue recognition. Then, we expand on how to value your firm and how others look at your company. This includes EBITDA multiples, the Income approach, Asset approach, and Market approach. You will also learn when to recognize revenue. Finally, we focus on the basic budgeting principals and rules you need to be following. We also identify the most common budget problems and pitfalls. Then we expand on the critical elements of budgeting and how to be accountable.
TOPICS COVERED
- P&L Basics
- Working Capital
- Inventory
- Ratio Analysis
- Cash Flow Forecast
- EBITDA
- Other Financial Tools & Internal Controls
- Other Accounting Reports
- Accounting Software
