Advanced financial statements

Session Objective

Learn about more complex concepts of financial statements such as accrued payables, work in process and non-operating income.

Learning Outcomes

  • review and interpret more complex financial statements
  • understand the terminology, and ask informed questions of financial professionals

Session Outline

  • How are cash and accrual accounting different?
  • Why is my balance sheet so complicated?
  • What is depreciation?
  • Why are prepaid expenses assets?
  • How do I account for intangible assets?
  • What are retained earnings?
  • How are earnings per share determined?
  • What is non-operating income?
Advanced financial statements
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Session Level
Advanced
Topics Covered
Managing Finances
Business Planning
Financial Ratios
Financial Statements
Who Should Attend
Small and medium businesses, entrepreneurs
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