Thursday, 08 November 2018 20:51

AWAF Workshop Focuses on Finance, Accounting for the Non-Financial Manager

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On Oct. 19, the Automotive Women’s Alliance Foundation (AWAF) hosted its Fall 2018 Professional Development Workshop at the VisTaTech Center at Schoolcraft College in Livonia, MI.


Titled “Finance and Accounting for the Non-Financial Manager,” the four-hour workshop was taught by Jean Stenger, CPA and senior manager at DKSS CPAs and Advisors as well as treasurer for AWAF.


Stenger’s educational, interactive and fun workshop focused on understanding the fundamentals of accounting and finance. She discussed how to read and understand critical financial reports as well as how to spot red flags and how to use these reports to answer key questions about investments, business growth and more. Stenger also taught attendees to budget to add value, covered KPIs and lectured on projecting cash flow.


Stenger stressed, “Own your financial statements. Know your number, talk your numbers and use your numbers to define your future---both professionally and personally. Become confident in your knowledge of the numbers, and never be afraid to ask questions!”


Attendees included small business owners, professionals and managers in engineering, sales, program management, finance, purchasing, education and training. Participants agreed that the information Stenger shared was valuable, and interest was expressed in scheduling a full-day workshop on this topic.


For more information about AWAF and its events, visit awafoundation.org.