There are three primary financial statements of an organization: profit and loss statements, balance sheets and cash flow statements. Each statement provides different information that provides you with an overall picture of the health of an organization or department.
What are your financial statements telling you?
At this half-day workshop, you will learn how to make sense of your financial statements and assess these statements in five key areas:
Liquidity – Can you pay your bills in the short run?
Profitability – Is the business or department making money?
Efficiency – Is the business or department being managed as well as it can be?
Stability – How would the business or department manage in the event of an economic downturn?
Growth – What is the growth of the business in terms of revenues and profits?