Business Finance 1: Understanding Financials
How to Read Financial Statements
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
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.