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Event details

Understanding Financial Statements

  • 22 Feb 2022
  • 11:00 AM - 12:00 PM
  • webinar


Registration is closed

Session Outline

  • How’s the business doing?
  • Did we make money this year?
  • What does my P&L tell me?
  • Why do I need a balance sheet?
  • Where is my cash coming from?
  • Where is my cash going to?
  • Why isn’t my cash equal to my profit?

Learning Materials

  • Profit and Loss Statement — gives operating results for a specific period
  • Balance Sheet
    • shows the assets, liabilities, and capital of a business or other organization at a particular point in time
    • details the balance of income and expenditure over the preceding period
  • Cash Flow Statement
    • shows how changes in balance sheet accounts and income affect cash and cash equivalents
    • breaks analysis down to operating, investing and financing activities

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