Westmoreland SCORE Workshop 

"Understanding Financial Statements"

Financial statements are the report card of business. Whether you are an owner, a manager, an executive, a non-profit director, you need to understand Financial Statements. This workshop will look at:

• How to construct read, analyze financial statements
• Four basic financial statements
• Levels of financial statements
• Capital
  • Where the money came from
  • Where it went
  • Where it is now

 How Creditors look at F/S

• What’s important for loan applications
  • Term loans
  • Lines of credit
  • Understanding cash flow