June 26, 2025 | 8:30am – 3:30pm
IN-PERSON SESSION – UMKC Bloch Executive Hall, 5108 Cherry Street, Kansas City, Missouri Room 414
In this workshop you will gain an understanding of the accounting process, from recording the dollar impact of business decisions to the preparation of the resulting financial reports.
You will come away with the ability to converse with the finance people intelligently and grasp the all-important numbers side of business.
This workshop will help you become familiar with common accounting concepts and buzzwords used by accounting insiders. You’ll develop a baseline of financial understanding and clear up any confusion between different kinds of financial statements and identify their purpose and relation to each other.
Key Topics
- Accounting equation and the relationship among its components
- The basic accounting principles
- The accounting process: journals and ledgers
- How debits and credits work
- How various business transactions affect financial statements
- Cash accounting versus accrual basis accounting
- The difference between accounting profit and cash flow
- Retained Earnings is the bridge between the Income Statement and the Balance Sheet
- Apply accounting conventions and guidelines
- The purpose of and terminology associated with the key financial statements:
- Income Statement or Profit and Loss Statement (P&L)
- Balance Sheet
- Statement of Retained Earnings
- Cash Flow Statement
Who Should Attend
This program is designed for both new managers of all backgrounds and established managers with non-finance backgrounds in every functional area of responsibility and in all industries.
About the Instructor
;)
William R. Kay, MBA, is an adjunct Professor for the University of Missouri Kansas City (UMKC), Bloch School of Management, and owner of W. Kay & Associates is dedicated to helping organizations and individuals enhance their competitiveness, productivity, and technological performance.
For the past 28 years, Mr. Kay has specialized in assisting businesses in the quest to improve performance in the areas of strategic planning, finance and accounting, project management, marketing, sales and sales management, and team building following the accelerated learning model for adult learning.
Mr. Kay’s professional experience includes over 20 years as CEO and owner of a major company and, for the past 28 years helping major Fortune 500 companies and Universities with organizational development and training.
Program Details
Language of Finance Certification:
Earn a certificate by completing 4 out of 6 courses in the Language of Finance Certification series. Designed for flexibility and relevance, these courses provide practical knowledge and skills to enhance your expertise and build confidence in key areas of finance. Perfect for professionals looking to grow their expertise without committing to a full degree program. For more information visit the Understanding the Language of Finance page.
Location and Parking:
The sessions will be held at the UMKC Bloch Executive Hall, 5108 Cherry Street, Kansas City, Missouri. Parking details will be mailed after registration.
Cancellation & Transfer Policy:
Seminar participants (or their organizational representative) should call or email Bloch Executive Education to change or cancel registrations. Cancellations made prior to 7 days from the seminar date are eligible for credit towards a future seminar but are ineligible for refund. Credit for future seminar is valid through the following seminar year. Seminar registrations may be transferred from one individual to another up to 7 days before any elected seminar. Cancellations made within 7 days from the seminar date are non-transferable and non-refundable. Bloch Executive Education reserves the right to make changes to the cancellation policy and transfer policy. The current policies will be posted on our website and will be observed regardless of previous policies or standards. “No-shows” are non-refundable and non-transferrable.
Photo and Video Release:
By attending the event, you are giving Bloch School of Management permission to use photos and videos from the workshop in future promotional materials.
Available Discount Programs
UMKC and Bloch Executive MBA Alumni, Kansas City Regional Association of REALTORS members, CX Central Exchange members, Saint Luke’s Health System employees, Heartland Black Chamber of Commerce members – you qualify for discounted seminar registration.
If any of the above categories apply to you, please contact us at umkcexeced@umkc.edu or 816-235-2892 to take advantage of discounted rates.
