COURSE 105: UNDERSTANDING FINANCIAL STATEMENTS
COURSE 105: UNDERSTANDING FINANCIAL STATEMENTS
Understanding Financial Statements is a practical, beginner-friendly 2-hour intensive workshop designed to help bookkeepers confidently read, understand, and interpret the three primary financial statements: the Balance Sheet, Profit & Loss Statement, and Cash Flow Statement.
The workshop also focuses on an often-misunderstood concept: profit is not the same as cash. Through practical examples, participants will see how a business can be profitable while experiencing cash shortages, and how transactions flow through the financial statements.
Core Course Message
The Balance Sheet shows the business’s position. The P&L shows its performance. Cash Flow shows what happened to its cash. Together, they tell the financial story.
Course Level
Beginner / Early Intermediate
Duration
2 hours
Format
Instructor-led workshop with demonstrations, discussion, and hands-on exercises.
Prerequisites
No prior bookkeeping or accounting experience required.
Bookkeeping Fundamentals is a 2-hour intensive workshop designed to introduce beginners to the essential concepts and language of bookkeeping. Participants will learn how businesses organize financial information, how transactions affect the accounting records, and how debits and credits work together to keep the books balanced.
Through examples, guided exercises, and transaction-based practice, participants will develop the foundational skills needed to read, understand, and record basic bookkeeping transactions.
Curriculum at a Glance
| Lesson Financial Statements: The Big Picture Balance Sheet Profit & Loss Cash Flow How the Statements Connect What Each Statement Can & Can’t Tell You Understanding Financial Statements |
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