Understanding Financial Statements
Duration : 60 Minutes
Carl Young,
Carl Young is an Author, Speaker, Trainer, Consultant, and Coach. He holds a MBA and completed graduate studies in Accounting and Taxation. He is a former CFO of a 275M, high growth technology based company. He has over 25 years of senior level business management experience.&nbs Read more
This 60-minute course by industry expert Carl Young provides a comprehensive introduction to financial statement analysis. Designed to improve financial literacy among both finance and non-finance professionals, the course helps bridge communication gaps and strengthen cross-functional collaboration. Participants will gain practical skills to perform meaningful business analysis, interpret financial data effectively, and communicate valuable financial insights across their organizations.
Course Objectives:
Participants will learn to describe the three primary financial statements for a business, including the purpose, main components, and format of each; and the basic differences between accounting statements of a profit-seeking entity, a not-for-profit organization, and a government agency.
Additionally, participants will gain insight into the interrelation of the covered financial statements, the standards guiding their preparation, and the significance of notes for clarity and transparency.
Greater awareness will ensue in the concept of financial metric analysis and in the effective communication of financial information.
Course Outline:
• Components and purposes of the three primary Financial Statements for a business
• Contrasting Financial Statements for a business with those of a governmental agency or a not-for-profit organization
• Relationships between Financial Statements
• Basic Financial Ratios
• Identifying Trends
• The Role of Notes in Enhancing Clarity and Transparency
• Accounting Standards
• Distilling Financial Information for Effective Communication
• Misinterpretation of Financial Data
• Approaches to learning more
What You Get:
• Training Materials
• Live Q&A Session with our Expert
• Participation Certificate
• Access to Signup Community (Optional)
• Reward Points
Who Will Benefit:
Credit analysts, underwriters, commercial bankers, loan review officers, senior lenders, credit department managers, chief credit officers.
Please reach us at 1-888-844-8963 for any further assistance or if you wish to register
