Understanding Financial Statements The Basics
Wednesday, February 27, 2019 at 12:00 pm ET
Duration: 90 minutes
Speaker: Miles Hutchinson
Register for Live Webinar: $219
Register for Live Webinar Plus Recording Download: $329
Register for Live Webinar Plus CD (includes shipping and handling): $369
Special Feature: If you register for this webinar and cannot attend, you will be able to access a one-time instant replay without charge for up to 90 days after the date of the webinar.
Bonus for Each Registrant: The webinar speaker will answer one written question that you may submit by email within one week after the webinar.
Webinar Description
What is a Balance Sheet, how does it compare to an Income Statement or a Cash Flow Statement? How did your business perform last year? What’s the trend over the last three to five years? How can this information help you identify the key things you need to focus on in the upcoming year?
Accounting and finance are supposed to be the international language of business. If so, then why do we struggle so much to make sense of the numbers? Are we so busy managing our business and leading our staff, that we don’t have time to wade through the financials, discover the trends, draw proper conclusions and take appropriate action? What if our peers, or worse, our competition, understand our numbers better than we do?
In just 90 minutes, Miles Hutchinson, experienced CGMA (Chartered Global Management Accountant) and business adviser, will explain how to frame these questions with clear answers and quickly and thoroughly analyze the financial condition and results of operations of any organization. Use his proven model to quickly assess the financial condition and results of operations of any business using trend and ratio analysis.
Agenda
- Explain the purpose of the key financial statements:
- Income Statement
- Statement of Retained Earnings
- Balance Sheet
- Statement of Cash Flow
- Review the components of an annual report of a publicly traded company and learn how to use this wealth of information
- Explain how the annual report can be used to perform a fundamental financial analysis
- Learn the various types of financial analysis and their purpose
- Learn the key ratios to evaluate a company’s liquidity, leverage and operating performance
- Identify the key benchmarks to help determine whether a company’s ratios are in line with competitors
- Understand horizontal and vertical analysis and how they can be used to identify key trends
- Receive references to sources that provide benchmark information to use in determining the quality of your organization’s financial reports
- Learn about resources available to perform comparative studies between companies in the same economic sector – even private companies
Logistics
- 90 minutes (Travel Free) delivered over the Internet.
- Unlimited listeners per connection - bring the entire department.
- Q&A session with the expert.
This event will be presented live with a PowerPoint presentation to be viewed on your computer. You may listen to the audio of the webinar by telephone or through your computer. The PowerPoint slides will be provided shortly before the event. Once you register, you will receive an email which is your receipt and which includes your instructions for dialing in and logging on. You will also receive an email reminder 24 hours before the webinar.
What is a webinar?
A webinar is a live Internet based seminar. Webinars are a way for participants in many different locations to see and hear a presentation and view PowerPoint slides. You can also have your colleagues attend the webinar using one connection.
What kind of equipment do I need?
You will need a computer with an Internet connection (high speed service such as DSL or cable works best) and a telephone. You may listen to the webinar through your computer speakers, in which case you will not need to use a telephone connection. Internet access is not required for phone-only participants, but you will not be able to see the speaker’s slides.
How can I share the webinar with my colleagues who may not be able to attend the event?
CDs of each program will be available for sale and can be shared with your business associates.
Can I get a copy of the PowerPoint slides used in the webinar?
The PowerPoint slides will be available on the materials page link in the confirmation email that will be sent to you no later than the morning of the day a webinar is presented.
How do I ask a question during the webinar? Will my question be answered during the presentation?
A question and answer session will be scheduled at the end of each webinar. You can then ask a question by typing it into the question box that will be provided to you duringthe webinar. You may also ask a question through the telephone connection. As many questions as possible will be answered during the Question and Answer period.