Workshop: Understanding Financial Statements for Your Small Business

Many small businesses and new business owners are aware that financial statements exist.  However, there is generally a mystique surrounding these statements.  The purpose of this class is to inform participants about the basics of financial statements and the importance of them to their business. 

Several topics will be covered, including:

1. What are the financial statements companies prepare and use?
2. Why do companies need them?
3. What are the elements of an Income Statement, Balance Sheet, and Cash Flow Statement?
4. How do companies prepare these statements?
5. How can the financial statements be used to manage your business? i.e.,
6. How to turn the financial statements from a burden to a business tool.
7. How do financial statements impact the valuation of your business?
8. Why is it so important to have “clean” and accurate financial statements?
9. What are ways to potentially increase the value of your company outside of just increasing sales?  

Speaker Bios:
  
Dave M. Finklang, CPA/CGMA, MBA, Senior Manager Tax Services Anders CPAs + Advisors. Dave has wide-ranging, specialized experience in tax planning and compliance, accounting services, and start-up services and consulting.  As a senior manager in the Tax Services group and leader of the firm’s startup and emerging company practice, Dave particularly enjoys working with entrepreneurs and emerging companies by helping them raise capital, implement accounting systems and minimize their tax burdens. He also advises individuals, family, and closely-held businesses, as well as their owners, on tax-saving strategies and tax planning. Dave works with professional services firms, manufacturers, distributors, commercial real estate companies, and construction contractors. Dave was selected to be a part of the American Institute of Certified Public Accountants’ (AICPA) 2013 Leadership class, made up of 37 young CPAs from across the country.

Katie A. Holtgrave, CPA. Katie is a financial analyst in the Forensic and Valuation Services group at Anders CPAs + Advisors. She performs data analysis and forensic support in fraud and forensic engagements, analyzes and summarizes data in commercial litigation matters involving breach of contract and lost profits, and is involved in asset tracing and valuation of interests in closely-held businesses in marital dissolution matters. Katie also has experience working in the Tax Services Group on individual and corporate tax returns.
Cost:  $35 Prepaid Registration; $45 Pending or At-the-Door
Prepay with a credit card using PayPal or with Cash or Check at the door.