This How to Read Financial Statements training will introduce the student and/or entrepreneur to the meaning behind the terms and descriptions included in the financial statements for small business entities. The author, John Whiteley, CPA has taken a practical approach to explaining the objective and content of the financial statements, based on his 25 years, plus, experience serving small business clients in all types of industries.
The busy entrepreneur will be able to quickly complete the course as well as find answers to specific questions about a financial statement.
The course contains 66 brief individual lectures which are grouped into eight different sections, including accounting definitions, income statement, retained earnings, cash flow, accountant's year end services, third party interests and financial indicators. The course expands on the areas of interest by the different third parties, including entrepreneurs, business owners, lenders, IRS and investors.
Each of the major financial statements types, is examined as to its content and the significant information conveyed to the reader.
Upon completion of the course, the student should have a better understanding of the information provided by financial statements and will be able to arrive at a more informed decision as to the financial position and operating status of a small business corporation.
John Whiteley is a CPA (also a Certified General Accountant and Certified Management Accountant from Canada) and Certified Pro Advisor for QuickBooks Online. He has also completed the Chartered Financial Planning program and holds a Bachelor of Commerce degree from the University of Moncton.
John has provided public accounting, tax and consulting services to small business owners for over 25 years to clients across Canada. He has trained hundreds of clients on accounting software including QuickBooks, Simply Accounting, AccPac and DacEasy. He has setup accounting systems for small business clients during his public accounting career in Calgary, Edmonton and Moncton.
John Whiteley owned and operated a computer software training business franchise (Academy of Learning) from 1994 to 1997 which trained students in accounting software, database software, bookkeeping, and Microsoft office products. The method of training was self-paced with use of manuals, audio, relative computer programs and facilitators.
John has authored kindle books on QuickBooks Pro as well as QuickBooks Online.
John Whiteley currently consults with clients on a one to one basis helping them improve their QuickBooks accounting system as well as teaching QuickBooks posting and reporting procedures. John has also created customized training manuals, including QuickBooks procedures, for small business owners.