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Business Finance 1: Understanding Financials

How to Read Financial Statements

Course Description

Financial statements may not get the pulse racing, but they provide essential information used to analyze and answer valuable questions relating to your business.

They tell the story of your business and can sometimes predict your future fortunes. Join Bill Erichson, Pacific Training Innovations as he teaches you how to understand the story hidden behind the numbers. You’ll learn how to decipher balance sheets and income statements, while understanding how to make your earnings work for your business.

What Will I Learn?

  • How to read balance sheets

  • How to interpret income statements

  • Understand how to make earnings work for your business

  • Identifying the differences between market and book value

  • What is amortization and capital cost allowance

  • The distinction between income and cash flow

Presented By

Due to the rapidly evolving public health situation surrounding COVID-19, Small Business BC has reached the difficult decision to modify how we deliver our services in the coming weeks.

As an organization, our number one priority will always be the health and safety of our clients, staff and service providers. We also want to ensure we maintain the high service standards our clients expect. As such, we will be delivering all our services online, or over the phone, until further notice. See here for more information on our service changes. Please use our COVID-19 small business resources – including this practical checklist for business continuity.

Testimonials

The hands on spreadsheets were great...and very clear specific explanations of all aspects. Some humour thrown in was great. Webinar Attendee, Linda U.
Presenter made what would otherwise be a very dry topic very interesting and fun. The information was also very relevant and practical. Webinar Attendee
Excellent speaker - told relevant, interesting stories that were good examples. Energetic, enthusiastic, created an environment for interaction and questions. He stayed on topic and completed the material within the provided time. Webinar Attendee, Karen H.
Session Date & Time
Tuesday, July 14, 2020 9:00am to 12:00pm
  • Length: 3 Hours
  • Language: English
  • Subject: Finance & Accounting, Start Ups
This course is also offered on the following dates:
  • Price: $69
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Education for week of August 2, 2020

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Sunday 2nd
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Monday 3rd
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Tuesday 4th

Business Viability 1: The Break-Even Analysis

August 4 at 9:00 AM to 12:00 PM

Business Viability Package

August 4 at 9:00 AM to 4:00 PM

Business Viability 2: The Cash Flow Forecast

August 4 at 1:00 PM to 4:00 PM
Wednesday 5th
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Thursday 6th

How to Do Business with the Federal Government

August 6 at 10:30 AM to 12:00 PM
Friday 7th

Writing a Business Plan

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Saturday 8th
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