Financial Statement Series Part I: Reading and Understanding the Balance Sheet
1 hour 30 minutes
Learn how to break down and understand the balance sheet section by section.
Many people may have financial statements in front of them but they do not know what they should be looking for. The financial statements can be seen as a maze as there is so much information and people do not know where to start looking first. Learn where you can find the balance sheet information you need and then depending on your needs (are you looking to invest in the firm, be employed by the firm, consider getting a loan or extending a line of credit) how to break down the balance sheet section by section, do comparisons, calculate ratios, and make a final decision. Gain the tools needed to do everything mentioned above and make sound decisions for your organization.
• You will be able to review and to do comparisons between years and understand what happened at the company.
• You will be able to explain and understand the relationship of each account to the financial statements.
• You will be able to discuss how to make better credit decisions for your company.
• You will be able to describe how to analyze and interrupt balance sheet information.