Duration:
Self-study or classroom training
Description:
The 50-Minute Manager Series was designed to cover critical business and professional development topics in the shortest time possible. Our easy-to-read,
easy-to-understand format can be used for self-study or classroom training, or even office training. With a wealth of hands-on exercises, the 50-Minute
books keep you engaged and help you retain critical skills.
Balance sheets. Income statements. Profitability ratios. These are just a few of the crucial tools to successfully understanding and managing business.
Becoming comfortable with financial statements and learning how to use them to successfully analyze and navigate a company is essential to success. This
introduction to financial statements will lay the ground work for that understanding and serve as a valuable reference guide over time.
Table of Contents:
Part 1: The Basics of Financial Statements
What Are Financial Statements and Who Uses Them?
The Balance Sheet
The Income Statement
The Cash Flow Statement
Part Summary
Part 2: Understanding Ratios and Percentages
Ratios: A Key Management Tool
How Ratios Are Developed
Ratio Types
Category 1: Liquidity Ratios
Category 2: Profitability Ratios
Category 3: Efficiency Ratios
Part Summary
Part 3: How to Use Ratio Analysis
Introduction to Ratio Analysis
Determining Which Ratios to Use
Ratio Review Chart
Part Summary
Part 4: How to Perform an Expense Analysis
Managing Your Expenses
Examining Your Expenses
Breakeven Analysis
Part Summary
Part 5: How to Control Your Business
Tools for Controlling Your Business
Trend Analysis
Cash Flow Forecasting
Target Statements
The Accounts Receivable Aging Schedule
Part Summary
Appendix
Resources
