E-Learning Course Offerings
 *SIRCO Consultants, Inc. 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 addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN, 37219-2417. Web site: www.nasba.com. |
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Apples & Oranges™
Experiential simulation uses a game-board format
COURSE DESCRIPTION
Apples & Oranges™ is an experiential learning program designed to increase understanding of business and financial terminology, profitability analyses, financial statements, financial indicators and more. Working in teams in a hands-on, interactive environment, participants enthusiastically demonstrate how capital circulates through a company. Using continuous improvement exercises, business decisions are made and ideas generated that will have direct application back in the workplace.
A game mat illustrates how different aspects of a business interrelate with each other. Participants discuss ways to improve performance through better utilization of resources resulting in measurable increased earnings. Changes are quantified by constructing income statements and balance sheets from visual observations of the game board.
THE PROGRAM MODULES
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The Distribution version probes the financial issues of a supply chain where goods move from producers to consumers. It looks at efficient merchandise flow, costs, profit margins, markup, sales turnover, labor costs, automation, inventory capital turnover rates, etc. and their effects on profitability. |
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The Healthcare version explores the interplay of the two operational sides of the health care industry, caregiving and selling healthcare products. It examines controlling costs under competitive pressure and government regulations while maintaining quality care for a growing and aging population. |
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The Manufacturing version explores the financial issues important to manufacturing companies. Production flow, improved lead times, controlling working capital and debt, financial ratios and capacity utilization are of primary interest to these organizations. |
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The Service version analyzes the needs of service organizations, both inside and outside a company. It explores limiting idle resources, increasing capacity utilization and decreasing expenses by improving performance through more efficient use of scarce resources - people, time and equipment. |
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COURSE OBJECTIVES
At the end of the workshop, participants will be able to:
- Modify behavior and positively improve "bottom-line" results
- Describe, understand and construct a balance sheet and income statement
- Ask strategic questions to uncover internal organization and/or customer needs
- Comprehend how operational and financial variables influence their own company's and their customers' cash flow and profitability
COURSE CONTENT
- How the Business Works - Circulation of Capital, Cash Flow and Capital Structure
- Financial Statements - Income Statements, Balance Sheet, Cash Flows
- Cost Behavior - Variable vs. Fixed, Contribution Margin
- Business Decisions
- Cost/Volume/Profit Analysis
- Working Capital
- Break-Even Analysis
- Limited Resources/Portfolio Trade-offs
- Make vs. Buy/Internal-Outsourced
- Financial Metrics/Performance Ratios
- Return on Investment
- Days Sales Outstanding
- Inventory Turnover
- Time Value of Money
- Capital Investing
- Cost of Capital
- Discounted Cash Flows (NPV, IRR, etc.)
COURSE DETAILS
The number of participants is flexible. Very large groups can be accommodated. All versions can be customized to meet the specific business requirements and concerns.
- Prerequisites: None
- Program level: Standard program is at the basic level; however, more advanced customized programs are also available
- Advance preparation: None
- Instructional delivery method: Group-Live
- Duration: 1 day
- Pre/post class testing available to measure learning
- CPE* credits: 8
- Location: Programs delivered at client locations
To register or seek additional information about this course, please call us at 610.388.0969 or use our convenient contact form.
For information regarding refund, complaint, and cancellation policies, please contact our office at 610.388.0969.
Apples & Oranges™ is a product of Celemi, Inc. | |
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