Call us at +1-(510)-868-1040

Login Register


    Critical Concepts To Understand The Balance Sheet, Income Statement, Cash Flow And Retained Earnings

    Speaker: Lynn Fountain
    Recorded Session


    Duration: 90 Minutes
    Product Code: 600192
    Thanksgiving Sale! Apply promocode THANKS10 and get flat 10% off on all webinars. Hurry! Limited Period Offer!!

Rather than focus on the computations and tactics of each of the statements, this training program will cover the important concepts of how the statements interact and relate to each other providing management with the critical information needed to manage financial stability of their organization. It is important professionals recognize that no one statement tells the complete story, but combined they provide a powerful tool for management.


This webinar will focus on discussing the concepts of the primary financial statements utilized at every company: balance sheet, income statement, cash flow statement and retained earnings statements. Many professionals are uncomfortable with trying to read and interpret the financial statements. This session will focus on simplifying and breaking down the process for attendees.


  • Balance sheet
    • Explore the components of assets, liabilities and equity and varying formats of presentation
    • Identify what “Balancing” the balance sheet means
    • Discover the relationship to Income statement components
  • Income statement
    • Identify what comprises revenue
    • Explore varying types of income statements
    • Identify expenditures
    • Recognize Net Income/Loss and flow through to balance sheet
  • Statement of Cash Flows – The King!
    • Explore why the cash flow statement is King
    • Discover what the cash flow statement tells the company
    • Recognize how the cash flow statement links to the balance sheet and income statements

  • Accountants
  • Finance Personnel
  • Controllers
  • Board members and audit committee members
  • Compliance professionals

Lynn Fountain has over 35 years of experience spanning public accounting, corporate accounting and consulting. Lynn has 20 years of experience working in the areas of internal and external auditing. She is a subject matter expert in multiple fields including internal audit, ethics, fraud evaluations, Sarbanes-Oxley, enterprise risk management, governance, and financial management and compliance.

She has held two chief audit executive positions for international companies. Since 2008, she has served in positions where she was responsible for internal audit, enterprise risk management, and Sarbanes-Oxley. She has a private consulting and training business, and she has developed and delivered leading edge training sessions on COSO, internal audit, ERM, accounting, leadership, governance, compliance, and ethics. She delivers training for the American Institute of Certified Public Accountants, Institute of Internal Auditors, and multiple seminar and training groups.

Lynn is the author of two technical books that released in 2015: Raise the Red Flag – The Internal Auditors Guide to Fraud Evaluations; Leading the Internal Audit Function. In addition, she is a frequent blogger on the LinkedIn platform and has also had numerous articles published in professional and technical publications. She is currently authoring a third technical book on corporate ethics and the internal auditor’s challenge. She has worked as an adjunct instructor for the School of Business at Grantham University and developed the first internal audit curriculum for the School of Business at the University of Kansas. She has obtained her BSBA from Pittsburg State University and her MBA from Washburn University in Kansas. She has her CGMA, CRMA credentials and CPA certificate (non-active).

View all trainings by this speaker
 
On Demand

Transcript

PDF Transcript of the Training which are available once the webinar is completed.(Transcript for single user only)

$179

Downloadable recorded session

Get unlimited access to the link for six months.

$239

Training CD

Free shipment within 72 Hours, from the date of webinar completion.

$350

  

Upcoming Webinars