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Understanding Financial Statements

Tuesday
September 24
4:00PM - 5:30PM

Key Takeaways:

  • review and understand financial statements
  • be able to ask informed questions of financial professionals

Outline:

  • Did we make money this year?
  • How’s the business doing?
  • 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

Presented by Rainie Archer, CPA Member

No tickets are needed for the event. We start promptly at 9:30am please be punctual.  There is free parking, however, parking may be limited.

 

Details

Date:
September 24
Time:
4:00 pm - 5:30 pm
Event Category:
Event Tags:
Website:
https://www.eventbrite.ca/e/understanding-financial-statements-tickets-67260864055

Venue

Business Advisory Centre Durham
3000 Garden Street, Suite 200
Whitby, ON L1R 2G6 Canada
Website:
bacd.ca