Many small businesses and new business owners are aware that financial statements exist. However, there is generally a mystique surrounding these statements. The purpose of this class is to inform participants about the basics of financial statements and the importance of them to their business.
Several topics will be covered, including:
1. What are the financial statements companies prepare and use?
2. Why do companies need them?
3. What are the elements of an Income Statement, Balance Sheet, and Cash Flow Statement? and much more!