Description
Finance for Non-Financial Professionals is a sixteen hour session focused on explaining and understanding basic costing models, break-even point calculations and the general interpretation and use of the most common financial statements in any business. At the end of this workshop, participants will recognize the basic costing elements for a product or service, understand the difference between the absorption and variable costing methods and will be able to read an Income Statement, Cash Flow Statement and a Balance Sheet.
NOTE: After registering, you will receive a confirmation email containing the location of the class/session for the registered training.
Training Information
Introduction to Finance and Accounting:
- Balance Sheet
- Income Statement
- Cash Flow Statement
- Retained earning Statement
Financial Analysis and Managing Operating Performance:
- Ratio Analysis
- Financial Information Analysis
Managing Short and Long-Term Assets
Capital Investment Decision Making
Managing Liabilities:
- The Liabilities of the Business
- Short - Term Liabilities
Equity and Financial Planning:
- The Business Plan
- Strategic Plan
- Operative Plan / Annual Budget
Corporate Governance:
- Major Corporate Scandals
- Sarbanes-Oxley Act of 2002
Hector Ramirez
Trusted Business Advisor, TMAC South Texas
Hector Ramirez brings more than 33 years of experience in supply chain, manufacturing, and operations across the steel, earthmoving, and automotive industries. An Industrial Engineer with a Master’s Degree in International Management, Hector has held key leadership roles throughout his career, including Purchasing Manager, Supply Chain Department Head, Manufacturing Manager, and Operations & Facility Manager.
His extensive industry experience spans multiple countries and includes leading and participating in multinational teams for greenfield plant construction, global product sourcing, IT system implementation and reengineering, and large-scale operational improvement initiatives. One of his most significant industry assignments involved the turnaround and successful start-up of a 500-employee Tier 2 automotive stamping facility.
As a Trusted Business Advisor with TMAC South Texas, Hector applies this real-world experience to help organizations strengthen operations, improve performance, and build sustainable solutions. He has trained and led numerous business and operational improvement projects across a wide range of industries, including construction, logistics, medical devices, food manufacturing, municipalities, communications, machining, and both heavy and light manufacturing and fabrication.
Hector’s combination of hands-on operational leadership, international experience, and practical problem-solving expertise allows him to connect with organizations at every level and help translate improvement opportunities into meaningful, measurable results.
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Contact TMAC today for your free mini-assessment.
