Live Webinar on Simple Tools & Techniques for Understanding & Analyzing Financial Statements
OVERVIEW Non-financial professionals are challenged in today’s business environment to manage and ensure full and efficient utilization of limited resources to improve profits and productivity and achieve overall business success. This requires, as a foundation, the understanding & analyzing of financial statements . Financial transactions of a business are transformed through an accounting process to three key and required financial statements, which are: Balance Sheet which shows what the company owns minus what it owes and the resulting financial strength of the company Income Statement which indicates the comparison of revenue earned from providing goods and services less the costs or expenses used to provide the goods and services. This resulting comparison is called profit or surplus Cash Flow Statement which indicates the company’s sources and uses of funds Financial statement analysis is the key and relevant to makin...