Understanding Financial Statements

Learn the fundamentals of financial statements and how you can use this information to confidently make financial decisions.

Without a background in accounting, reading, interpreting and analyzing accounting information can feel like learning a new language. Gaining an understanding of financial statements and what the numbers really mean will give you the accounting savvy you need to be able to speak and interpret the language.

Understanding Financial Statements guides participants through the objectives and limitations of financial statements and teaches the basics of accrual accounting and cash flows.

No previous knowledge of accounting is necessary to attend this seminar.

Benefits

For Individuals

• Strengthen understanding of accounting function
• Understand how to interpret financial statements
• Improve decision making

For Organizations

• Improve financial management
• More sound decision making

Who Should Attend

Non-financial managers in every functional area, regardless of industry type, who need to be able to interpret financial information to make business decisions.

Details

Develop your competencies in understanding financial statements through professional development in:

• Interpreting the three general-purpose financial statements: balance sheet, income statement and statement of cash flows
• Using financial accounting information to make more informed decisions
• Identifying the objectives and limitations of financial accounting and general financial statements
• Gaining knowledge of accrual accounting and cash flows
• Discussing financial statements more effectively and confidently

Continuing Education Contact Hours: 14