Rediscovering Financial Statements

Rediscovering Financial Statements


Thursday, August 25th, 2011 @ 1:00 P.M. CST


Mary Jo Heim, Director of Accounting, Tricom Funding
Mike Auchter, Accountant, Tricom Funding


Join us for a webinar session focused on understanding the use and importance of financial statements, which are often required for RFPs and government certification.
We’ll cover the balance sheet, as well as profit and loss statements. We’ll also explain the difference between cash based accounting and accrual based accounting, while looking specifically at why this is important to staffing companies. We’ll discuss how a budget can be used in conjunction with the financial statements, how to uncover unnoticed expenses and identify problems. Finally, we’ll discuss how you can use this data to analyze both profit and expenses by using year-over-year comparison reports. By the end of this session, you’ll have the knowledge you need to utilize this powerful tool to better monitor and take control of your company’s profitability.