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Course Description

Do you wish the reports you receive from QuickBooks or your CPA were more than just numbers and words. Would you like to truly understand how the three critical business financial statements are created, how to analyze them, and use the information to make better business decisions. This class is designed to help managers understand and utilize the balance sheet, income statement, and statement of cash flows to improve their business decision making. Participants will gain a better understanding of both how the statements were calculated and the best practices for using the reports to become a better financial manager.

Course Outline

  • Accounts, journals, and transactions
  • How is the income statement generated
  • How is the balance sheet generated
  • How is the statement of cash flow generated
  • Analyzing the income statement
  • Analyzing the balance sheet
  • Analyzing the statement of cash flows

Learner Outcomes

1) Participants will understand the fundamental accounting concepts, such as the difference in revenue and cash flow, that are used to generate the Income Statement, Balance Sheet, and Statement of Cash Flows
2)  Participants will have a better understanding of how to analyze the income statement, balance sheet, and statement of cash flows to determine the financial position of a business
3) Participants will be exposed to best practices in analyzing the three statements to make business decisions 
4) Participates will be instructed in the interactions of the three statements for complex analysis to include ratio analysis

Notes

A Public Service and Outreach Unit of the University of Georgia. Funded in part through a Cooperative Agreement with the U.S. Small Business Administration. All programs of the UGA SBDC are open to the public on a non-discriminatory basis. Reasonable accommodations for persons with disabilities will be made if requested at least two weeks in advance.
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Enroll Now - Select a section to enroll in
Section Title
The Big Three & Your Business
Type
Online - Fixed Date
Days
Th
Time
10:00AM to 12:00PM
Dates
Nov 18, 2021
Schedule and Location
Contact Hours
2.0
Hosting Center
  • UGA SBDC Webinars
Course Fee(s)
Registration Fee non-credit $39.00
Instructors
Section Notes
All programs of the UGA SBDC are open to the public on a non-discriminatory basis. Reasonable accommodations for persons with disabilities will be made if requested at least two weeks in advance. Contact Deborah Free at dfree@georgiasbdc.org or call (706) 569-2651.
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