Financial Statements: Their Importance and How to Use Them

Wednesday, June 2, 2021 - 10:00am - 11:15am

Fee $25

Have you ever found yourself making any of these comments?

I know I need to do a business plan and it has to include projected financial statements, but I really don’t understand what they are.I’ve never been any good with numbers.
I think I’m making a decent profit, but I never seem to have enough cash to pay my bills.
I can print my financial statements out of Quickbooks, but I really don’t know what I’m supposed to do with them.

If so, this is the workshop for you. This is a very basic workshop and we’ll go over the financial statements that every business owner should be reviewing. We’ll show you what to look at and why. Learn the best practices to follow and the common pitfalls to avoid.

A business can be profitable right up to the time it goes bankrupt! Profits are not the same as cash and cash will always be king!

Presenter

Fred Bruning is a retired financial executive with experience in the energy, chemical and medical device industries with both large public companies and early stage private companies. He has significant international experience including CFO of a two billion dollar oil-field construction and production project in South America and Vice President - International Finance for a multi-billion dollar energy corporation with operations in over 40 countries. He managed over 700 employees located on six continents in all areas of finance including financial planning and analysis, accounting, tax and audit as well as several administrative functions including IT and HR. He began his career in Public Accounting and is a CPA (inactive) in California and Texas. Areas of expertize include business and financial planning, financial analysis and accounting.