##  [Understanding Financial Statements Webinar](/event/understanding-financial-statements-webinar) 

####  Dates 

May 31, 2023 2:00:pm - May 31, 2023 3:00:pm

 

[Register](https://www.eventbrite.ca/e/understanding-financial-statements-webinar-may-31st-2023-tickets-597190140787)

**Learn the basics around the terms and concepts of financial statements**

Review and understand financial statements, and be able to ask informed questions of financial professionals.

**Outline:**

- How’s the business doing?
- Did we make money this year?
- What does my P&L tell me?
- Why do I need a balance sheet?
- Where is my cash coming from?
- Where is my cash going to?
- Why isn’t my cash equal to my profit?

**Learning Materials**

- Profit and Loss Statement — gives operating results for a specific period

- Balance Sheet

\- shows the assets, liabilities, and capital of a business or other organization at a particular point in time.

\- details the balance of income and expenditure over the preceding period.

- Cash Flow Statement

\- shows how changes in balance sheet accounts and income affect cash and cash equivalents

\- breaks analysis down to operating, investing and financing activities

**Presented by Edward Sawaya,** B. Comm., CPA CA, CFA, CBV, the founder and managing partner of [Sawaya ](https://sawayacpa.ca/)CPA, a tax and advisory boutique firm focused on providing a holistic advisory approach to its clients, mostly small and medium-sized business owners. Please visit our website at sawayacpa.ca for more information. Edward graduated from the University of Ottawa with a Bachelor of Commerce. Edward is a Chartered Professional Accountant (CPA, CA) and holds the Chartered Financial Analyst (CFA) designation. He is also a Chartered Business Valuator (CBV).



[Register](https://www.eventbrite.ca/e/understanding-financial-statements-webinar-may-31st-2023-tickets-597190140787)