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VERSION:2.0
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X-WR-CALNAME:Trusted Community Development Association, Inc. Events
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UID:3b2745ee38503799e727028dc669c0f5@www.tcdne.org
DTSTAMP:20260107T174613Z
DTSTART:20260108T173000Z
DURATION:PT8H
SUMMARY:Demystifying Financial Foundations: Income\, Assets & Cash Flow
DESCRIPTION:In this **FREE** Webinar.Learn how to understand\, create and use your financial statements· Understanding Financial Statements:o Introduces the three main financial statements: the Income Statement (Profit andLoss)\, Balance Sheet and Cash Flow Statement.o Explains their purposes: showing profitability\, financial position\, and available casho Importance in decision-making\, tracking performance\, and securing investments.· Income:o Impact on profitability and business health.o Connection to revenue streams and sales.· Assets:o Distinguish between current (liquid) and non-current (fixed) assets.o Importance for collateral and borrowing power.· Liabilities and Equity:o Difference between liabilities (debts &amp\; obligations) and equity (owner's interest).· Cash Flow:o Importance of cash flow management to successful business operations.o Differences between operating\, investing\, and financing cash flows.
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