Critical Concepts to Understand the Balance Sheet, Income Statement, Cash Flow and Retained Earnings

Live Webinar: Critical Concepts to Understand the Balance Sheet, Income Statement, Cash Flow and Retained Earnings When: Tuesday October 5, 2021 - 01:00 PM Duration: 60 Minutes.

Register Now     

Rather than focus on the computations and tactics of each of the statements, this training program will cover the important concepts of how the statements interact and relate to each other providing management with the critical information needed to manage financial stability of their organization. It is important professionals recognize that no one statement tells the complete story, but combined they provide a powerful tool for management. This webinar will focus on discussing the concepts of the primary financial statements utilized at every company: balance sheet, income statement, cash flow statement and retained earnings statements. Many professionals are uncomfortable with trying to read and interpret the financial statements. This session will focus on simplifying and breaking down the process for attendees

Areas Covered in the Webinar:
Balance sheet
Explore the components of assets, liabilities and equity and varying formats of presentation
Identify what “Balancing” the balance sheet means
Discover the relationship to Income statement components

Income statement
Identify what comprises revenue
Explore varying types of income statements
Identify expenditures
Recognize Net Income/Loss and flow through to balance sheet

Statement of Cash Flows
Discover what the cash flow statement tells the company
Recognize how the cash flow statement links to the balance sheet and income statements