Introduction to Financial Statements

 Every small business should review their financial statements regularly. In this workshop we will discuss the basics of the four most common financial statements for a small business.

The Financial Statements:

• Income Statement/Profit & Loss-Revenue & Expenses
• Balance Sheet-Assets, Liabilities, & Shareholder’s Equity
• Statement of Shareholders Equity-Detail of Shareholder interest
• Cash Flow-Inflow’s & Outflows

You’ll learn how they are related, why it’s important to frequently review them, and who are the typical users of financial statements.

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