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Financial Statement Review and Trend Analysis - Part 1: Profit and Loss Statements

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**Online**

4.0 Credits

Member Price $164.00

Non-Member Price $229.00

Overview

*** Save 15% on this event when you use the code FALL15 at checkout ***

This class examines the profit and loss statement and balance sheet issues that clients are likely to face. It is in two sessions: a Profit and Loss Statement session and a Balance Sheet session. 


This session analyzes the profit and loss statement trends including profitability issues, gross margin, and productivity issues that clients face.  It helps CPA’s spot impending problems and what suggestions to give to clients to fix them before they become major crises. Attendees will use sample financial statements in the analysis process.

Highlights

• The ideal client for financial analysis

• How to present profit and loss statements financial data to a client so that it makes sense to him/her

• What to look for on a profit and loss statement to ensure that it is probably accurate

• Overall profit and loss trends – what the trends should look like, reasons that it might not be trending in a positive manner, and where you should point a client to reverse the trends

• Gross margin trends – what the trends should look like, reasons that it might not be trending in a positive manner, and where you should point a client to reverse the trends

• Productivity trends – definitions, what the trends should look like, reasons that it might not be trending in a positive manner, and where you should point a client to reverse the trends

Prerequisites

None

Designed For

CPA’s and other financial experts who prepare financial statements for their clients and want to help them analyze the statements.

Objectives

  • Understand how to present profit and loss statement financial information to a client so that it makes sense to him/her
  • Understand the eight profit and loss financial graphs to present to a client to help ensure his/her business is trending in the right direction financially
  • Understand how to present suggestions to a client if his/her business is not trending in the right direction financially

Notice

 

Leader(s):

Leader Bios

Ruth King

Ruth King is well known as the "Profit and Wealth Guru." She is passionate about helping small business owners get profitable and stay profitable.

Ruth is a serial entrepreneur having owned 8 businesses in the past 37+ years. One of her businesses, Business Ventures Corporation, began operations in 1981. Through Business Ventures, she coaches, trains, and helps contractors and others achieve the business growth and goals they want to achieve.

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Non-Member Price $229.00

Member Price $164.00