Know Your Numbers
A JRCI Growth Development Series
SOLD OUT
SOLD OUT for February 2024
Why This Series?
Numbers do not have to be intimidating.
They tell a great story if you know how to read them.
From the experienced controller to the business owner who feels they could better understand the organization’s accounting, this series is for you! We teach the basic accounting concepts and use them to accelerate your organization. If you are an experienced business owner or accounting professional, take a step out of the weeds and see if your organization’s accounting and finance is a well-oiled tool in your organization or if your lack of accounting structure is exposing you to risk.
Numbers do not have to be intimidating. They tell a great story if you know how to read them. Through presentation, questioning, and group discussion, you will optimize your honing of financial skills and devise appropriate action with accountability to read your financial story better. All while developing solid relationships, helping others, and having fun.
SOLD OUT!
Know Your Numbers
$1,795.00
Out of stock
Class Details |
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| Days: | Meets Once per Month from the JRCI Training Room via a Hybrid of Zoom OR in Person |
| Duration: | 4 Months, 4 Classes |
| Time: | 2.0 hrs. per meeting. Orientation Meeting 2hrs. online before series start. |
| Materials: | Binder and Detailed Materials, Power Point per session, access to Coach during series, Case Studies, Book Summaries. |
| Notes: | Designed as a Cohort Group Series. Limited to 20 Participants for a Hybrid format, intended to maximize individualized value. All financial experience levels are welcome. |
Hybrid Class Schedule |
| 2nd Wednesday of the Month 10:00 am -12:00 pm (est) |
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Unit 1: Financial Statement Understanding, February 14th Balance Sheet, Profit & Loss, Cash Flow – What does it all mean, and why should I care? You have created a mission, vision, and values, but how do you measure your actions against these thoughts? Think of it like this: The Balance Sheet is a snapshot in time, The Profit and Loss statement is your motion picture, and the Cashflow Statement allows you to support better decision-making. Elevate your ability to read your books, understand what they are telling you, and make better financial decisions with your upgraded awareness. |
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Unit 2: Financial Statement Understanding, A Deeper Dive, March 13th
Now that you know, dive into better decision-making that will further elevate your business! Explore Debt vs. Equity financing, tax consequences, book liquidation value, depreciation, and GAAP. We will explore industry-specific accounting methodologies to build your financial knowledge to the next operational level. Turn your financials into your friend in this unit. |
| Unit 3: Financial Statement Risks & Safeguards, April 10th Does your company need a bookkeeper, accountant, controller, or CFO? Should you hire directly or outsource? How often should you be involved in this stuff?! What must you need to know to manage your risk? “I talk to all my employees daily; what do you mean I am at risk!?!?” We will outline and discuss horror story examples to watch for in your organization. You will elevate your: overview of month-end procedures, internal controls/segregation of duties, procedures, and much more. |
| Unit 4: Taxes & Owner Transactions, May 8th You understand financial statements and how to use them to make daily business decisions; now learn how to manage success! High-level leaders need to know when to do what; growth demands adaptability and change. We will explore topics such as: real-estate, smart debt, owner compensation, tax planning, retirement plans, year-end spending, and more. |
SERIES DETAILS
Course Highlights
This series is designed to develop multiple skillsets and directly improve performance at the supervisor and manager levels. Three fundamental principles are presented in the series. Individual skillset knowledge, team performance development and improved execution with attention to results are of primary focus. The format is quickly paced with dynamic content, feedback and accountability.
Who Should Participate
Business Owners, corporate C Suite executives, and advanced managers looking to develop their business financials understanding. This JRCI Financial Series is customized and designed to clarify your ability to understand your financial big picture better. Numbers tell stories. Do you clearly understand the story your numbers are telling you?
Develop solid relationships, help others, and have fun. This program will add value to those with all levels of financial knowledge.
Feedback Loop
Each participant will report to their superior at the completion of the series with their coach. This will be a scheduled 30-minute discussion. Each participant will detail what they have learned and how they will implement this information for improved results moving forward. This is the accountability loop in action.
Learning ObjectiveS
Each unit in this series is designed with clearly defined learning objectives for all participants. All units end with time set aside for participants to articulate unique personal action steps. Implementation expectations and deliverables they have uniquely identified as they move forward will be communicated with their peers in the group. More accountability.
Series Breakdown By Course
Navigate through the tabs below to learn about the sessions included in this series. Each session represents one of the six units included in this series. Course materials and discussion will be centered around each topic – listed here by unit.
Financial Statement Analysis
Balance Sheet, Profit & Loss, Cash Flow – What does it all mean, and why should I care?
You have created a mission, vision, and values, but how do you measure your actions against these thoughts? Think of it like this: The Balance Sheet is a snapshot in time, The Profit and Loss statement is your motion picture, and the Cashflow Statement allows you to support better decision-making. Elevate your ability to read your books, understand what they are telling you, and make better financial decisions with your upgraded awareness.
Financial Statement Understanding, A Deeper Dive
Now that you know, dive into better decision-making that will further elevate your business! Explore Debt vs. Equity financing, tax consequences, book liquidation value, depreciation, and GAAP. We will explore industry-specific accounting methodologies to build your financial knowledge to the next operational level. Turn your financials into your friend in this unit.
Financial Statement Risks & Safeguards
Does your company need a bookkeeper, accountant, controller, or CFO? Should you hire directly or outsource? How often should you be involved in this stuff?! What must you need to know to manage your risk? “I talk to all my employees daily; what do you mean I am at risk!?!?” We will outline and discuss horror story examples to watch for in your organization. You will elevate your: overview of month-end procedures, internal controls/segregation of duties, procedures, and much more.
Taxes & Owner Transactions
You understand financial statements and how to use them to make daily business decisions; now learn how to manage success! High-level leaders need to know when to do what; growth demands adaptability and change. We will explore topics such as: real-estate, smart debt, owner compensation, tax planning, retirement plans, year-end spending, and more.
Frequent Changes in Auditors or Legal Counsel
Overreliance on a single customer or supplier
Excessive use of Manual Journal Entries
Declining Market Share
Unusual Patterns in Financial Ratios
Ineffective Internal Controls
Inconsistent Revenue Recognition
Poor Corporate Governance
Inadequate Documentation
Conflicts of interest
Reluctance to Provide Information
Overly aggressive accounting practices
Inaccurate or delayed Financial Reporting
Unexplained Budget vs. Actual Variances
The Fine Details
You can find all the fine details and frequently-asked-questions about this series below. Click on each item to read about the associated details.
Course Considerations
- Seats fill quickly so register today for your seating requirements.
- Full payment is necessary prior to start of the series.
- Online options are facilitated via Zoom and utilize all available security options.
Refund Policy
Once the event is booked it is understood all parties have committed to the program. Should uncontrolled circumstances dictate cancellation or adjustment of the event, JRCI will evaluate and make responsible adjustments. Cancellations made 90 days or more in advance of the event date will receive a 100% refund. Cancellations made within 60 days will incur a 30% fee. Cancellations made within 30 days of the event will incur a 50% fee. A major disaster or significant illness is considered a legitimate reason for cancellation and will require additional review.
Use of Coaching Tools
- The tools and materials that will be provided to you are confidential and proprietary for your use only. Accordingly, you agree to hold the tools and materials in confidence and in trust. Tools are not to be duplicated or loaned to others for any reason.
- You will be notified by email as to any schedule adjustments or changes.
- Please, no audio or video recording. Screen shots are permitted.
- You will receive a frameable Graduation Certificate with your printed name upon successful completion of each series. Your full engagement is required for certification.
The Jeff Rogers Coach Promise & Guarantee
We have every confidence that you and your teams will gain real value from your training and development investment. If you believe for any reason that you did not gain any value from your development training in this series, Jeff will allow you to participate in another training of your choice or your money back. Your choice! Please join us today as Jeff has taken the risk out of your decision process!
About Jeffrey A. Rogers
Certified Professional Business Coach
Certified as a Professional Business Coach, Jeff instructs new business coach candidates through the Professional Business Coaches Alliance. Responsibilities include ongoing program development and training for international membership.
As an Adjunct Professor of Practice at Syracuse University Whitman School of Management, Entrepreneurship and Emerging Enterprise, Jeff instructs Introduction to Entrepreneurship. Jeff works with students to develop personal awareness and establish a foundation in entrepreneurship moving forward in life.
ABOUT GREG SMITH
Certified Professional Business Coach
Greg has developed a significant professional background working in various industries. With a background in sales, sales management, leadership, and people development, Greg brings great value to JRCI.
Greg Smith has participated in all levels of the EOEDS 1.0 – 4.0 programming with JRCI and led his cohort to success. Jeff Rogers asked Greg to work with him and Jeff’s students at Syracuse University, Whitman School of Management, EEE370 Entrepreneurship class for four years, teaching the accounting section. Each semester Greg’s session was one of the most special to the students.
Greg is a tax senior manager with Dermody, Burke & Brown, CPAs, LLC, and a business coach with Jeffrey A. Rogers Executive Business Coaching. Greg’s experiences as a Certified Public Accountant (CPA) and a Certified Professional Business Coach (CPBC) bring detailed knowledge and skill to the team.
Greg can understand the needs of business owners and executives to provide day-to-day tax and accounting consulting and leadership coaching to empower leaders to continue growing daily. Greg was asked to join the team based on his vast business knowledge and skillset and because he has a unique ability to break complex matters into digestible and useable information.
Education, Certifications, and Boards:
- Treasurer of the New York Family Business Center at the Madden School of Business at Le Moyne College
- Treasurer of The Orchard Church
Recognition and Awards
Central New York Forty Under Forty Honoree