It may surprise you to know, that having tested thousands of business owners, operators and C-level executives the average level of financial literacy, at a basic level, is less than 40%. The result? They tend to look at the revenue and profit line on the P & L with (perhaps) a few other costs and variances month over month or year over year. That’s about it!
Most operators do not understand a balance sheet, how the P & L connects to the balance sheet, basic ratios etc. Imagine how much profit and cash flow is “left on the table” by not understanding the financial implications when making strategic decisions.
During this fast paced and intriguing webinar, Neville Joffe will show you evidence of these facts, while sharing creative ways to generate a new revenue stream in your practice by applying the following key takeaways:
BizWisdom
neville@bizwisdom.com
(416) 440-1575
Neville Joffe spent more than 25 years in the manufacturing and distribution industry having eventually discovered that the initiative that was crucial to turn his 400 unionised member company back to sustainable profitability was to implement an effective incentive plan while ensuring that his employees understood the financial implications of their decisions. The positive results were powerfully impactful.
Having sold his interests back to the original owner after 8 years, he spent another two years developing and patenting an interactive and multi-sensory system for educating non-financial employees to be financially literate.
His peers and clients have since regarded him as a world authority on the subject of “bridging the gap between corporate financial goals and employee performance”.
Using his patented technology, Neville has trained internationally with many of the world’s leading
companies, various government sectors and non-profit organizations. His has also worked extensively with entrepreneurs and especially those in growth mode.
He has written and published 7 accounting and managerial textbooks that accompany his patented teaching method for use in community colleges, universities and pre Executive Education programs including Harvard Business School where he was also a case protagonist. His creative style of education has won him numerous awards including the conversion of his system into Braille for the visually impaired.
His training peers have called him a “trainers trainer”. He is a motivating, passionate, humorous,
engaging and compelling educator that will open your mind by providing you with stimulating and
refreshing ideas that will differentiate you from traditional practices. He is a keen amateur artist, writer, and an adventurous motorcycle rider.
CPAacademy.org (Sponsor Id#: 111889) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.
CPAacademy.org 1685 S. Colorado Blvd, Suite #205, Denver, CO 80222