Understanding Financial Statements

PROGRAM DESCRIPTION	ESTIMATED PROGRAM LENGTH	PROGRAM CONTENT

Financial Balance	6 to 8 hours	Financial Balance

Choice of Entity	2 to 4 hours	Choice of Entity

Financial Planning	2 to 4 hours	Financial Planning

Creating a Working Business Plan	2 to 4 hours	Working Business Plan

Family Business Planning	2 to 4 hours	Family Business Planning

Understanding Financial Statements	2 to 4 hours
As business owners, understanding your financial statements and their interrelationship is expected and necessary to assist you on the profitable management of your company. The purpose of this program is to help you better understand how to read and interpret your financial statements. In this program you will learn: What is a balance sheet, income statement and statement of cash flows Definition of the major components of each of these statements How each financial statement interrelates with the other financial statements throughout the operating cycle of the Company How to calculate and understand key financial ratios While you will not be an accountant when you complete this program, you will have a better understanding of your company�s financial data which can help make your company more profitable.

Fire Your Accountant	2 to 4 hours	Fire Your Accountant

Compensation Plans	2 to 4 hours	Compensation Plans

Planning Opportunities	6 to 8 hours	Planning Opportunities