Understanding Your Financial Statements

Understanding Your Financial Statements will provide you with a basic introduction to financial statements.

To start, finance, operate, grow, and exit a business requires at least a basic understanding of financial statements.  Your financial statements are important reference points as you manage your business and present the business to external stakeholders (e.g., bankers, investors).  

This workshop will help business owners become familiar with the three main financial statements: the Profit & Loss Statement, the Balance Sheet, and the Cash Flow Statement.  It is recommended for those who have little or no understanding of financial accounting, plus those that want a refresh on the topic and have questions. 

 

What You Will Learn

• Fundamental components of the three main financial statements
• Basic steps in the accounting process
• How financial statements can help you understand your business

“Instructors were very knowledgeable.  Important info given.” - Elizabeth F.

Instructor: Steve Wright

Steve Wright is currently an independent consultant, having previously served as CFO for 6 companies (both public and venture backed); and has experience in the following industries: aerospace, defense, telecom, industrial, alternative energy, chemical manufacturing, and environmental waste. He has experience relating to: accounting, business planning, budgeting, capital structure, government contracting, ERP, regulatory, HR, and IT. Steve also has significant fund-raising experience, including debt, venture capital, public equity, and execution of a successful IPO.

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