FINANCIAL STATEMENTS are dashboard of your business as the data or numbers tells you where your money is going, where it is coming from, how it is spend, how much profit and loss is in the business.
In today's episode, Steve will show us granular information in the operation and how to analyze them and how each of these financial statements work together to give every business owners or Entrepreneurs get a full picture of the Company's financial health.
The 5 types of financial statements you need to know:
- Income statement
- Cash flow statement
- Balance sheet
- Note to Financial Statements
- Statement of change in equity
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