Financial statements are a valuable tool to determine the health of your business. Banks and other lenders will ask for copies before lending to be sure they are making a wise loan. Reading and understanding financial statements is important for anyone who owns a business, is responsible for the bookkeeping of a business or serves on a board of directors.
In this session, Nancy Pasternack, Foster School of Business, University of Washington, walks us through just what goes into the financial reports, why it is important, and how to understand what you find there.
Nancy has graciously allowed us to provide her email address so you can send her questions in advance of the next session, Understanding Financial Reports – Part 2, coming up on November 12, 2020 at 7PM E/6PM C/ 5PM M/4PM P. She will address all the questions she received in Part 2! Her email address is nancy29@uw.edu.