Understanding Financial Statements

This seminar is designed for the non financial business owner who is interested in knowing how to record and maintain financial records for their small business. Finance is a language, and once you understand the language you can better understand financial concepts. Learn how to read financial statements such as balance sheets and income statements, and gain a greater knowledge on retained earnings and how to make this money work for you in your business. You will identify the difference between market and book value, amortization and capital cost allowance as well as understand the difference between income and cash flow. Delivered by Bill Erichson of Pacific Training Innovations.