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Reading Financial Statements

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You’ve kept good financial records. Now what? In this workshop, we will review the financial statements with a managerial eye: What does the Balance Sheet tell me about my business? How can I improve my profitability by reviewing by my Income Statement? We will also discuss cash flow management tools.

At the end of this section, participants will understand:

  • Creating reports in QuickBooks
  • Basic terminology used in financial statements
  • The difference between income and cash flow
  • How to evaluate a business’s profitability from reading the income statement
  • How the balance sheet helps in cash flow planning.

Course Content

Case Study: Artichoke Farm
Reading Financial Statements: Overview and Concepts
Reading Financial Statements: The Income Statement
Reading Financial Statements: Reading Reports in Quickbooks and Excel
Reading Financial Statements: Overview of Enterprise Analysis
Reading Financial Statements: Opportunity Costs
Reading Financial Statements: The Balance Sheet
Reading Financial Statements: Putting Concepts into Action
Reading Financial Statements – Final Quiz
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Julia Shanks

Julia Shanks consults with food and agricultural entrepreneurs to achieve financial and operational sustainability. Working with a range of beginning and established farmers, she provides technical assistance and business coaching that empowers them to launch, stabilize, and grow their ventures.

    1 Comment

  1. Hopkins
    November 15, 2024

    This was a very difficult to figure out and a lot of numbers and required a lot of patience and understanding to get it together

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