Artwork

Content provided by BizReflections. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by BizReflections or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Player FM - Podcast App
Go offline with the Player FM app!

A Simple Guide to Analyzing Financial Reports

3:02
 
Share
 

Manage episode 213016394 series 2398987
Content provided by BizReflections. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by BizReflections or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Financial Statements contain important information that will help business owners perform micro and macro management of their business. Analysis of the financial data shown in the financial reports is crucial in taking immediate action to solve problems that could have detrimental impact on the business.

There are 3 main Financial Statements namely:

  1. Income Statement – It shows the results of the operations for a given period.
  2. Balance Sheet – It shows the financial position of the business in a given date.
  3. Cash Flow – It shows the sources and uses of cash from operating, investing, and financing activities.

Listen to more ....

A podcast by Fe Soncayaon, CPA, CGA | FSS Accountinglink Professional Corporation or FAPC | 647-526-4873 | info@fssaccountinglinkpc.ca | www.fssaccountinglinkpc.ca.

  continue reading

30 episodes

Artwork
iconShare
 
Manage episode 213016394 series 2398987
Content provided by BizReflections. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by BizReflections or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Financial Statements contain important information that will help business owners perform micro and macro management of their business. Analysis of the financial data shown in the financial reports is crucial in taking immediate action to solve problems that could have detrimental impact on the business.

There are 3 main Financial Statements namely:

  1. Income Statement – It shows the results of the operations for a given period.
  2. Balance Sheet – It shows the financial position of the business in a given date.
  3. Cash Flow – It shows the sources and uses of cash from operating, investing, and financing activities.

Listen to more ....

A podcast by Fe Soncayaon, CPA, CGA | FSS Accountinglink Professional Corporation or FAPC | 647-526-4873 | info@fssaccountinglinkpc.ca | www.fssaccountinglinkpc.ca.

  continue reading

30 episodes

All episodes

×
 
Loading …

Welcome to Player FM!

Player FM is scanning the web for high-quality podcasts for you to enjoy right now. It's the best podcast app and works on Android, iPhone, and the web. Signup to sync subscriptions across devices.

 

Quick Reference Guide