Understanding financial statements is essential for making informed decisions, yet many professionals find them difficult to interpret. Without a clear grasp of what the numbers are saying, it’s easy to miss key signals about your organization’s health or to feel unsure when asked to speak to financial results.
When financial statements are misunderstood or overlooked, the impact can ripple across departments. Leaders may delay action, risks can go unaddressed, and opportunities for improvement or growth may be missed. A solid understanding of financial information helps organizations manage resources wisely, plan more effectively, and build stronger financial strategies.
This workshop introduces the core financial statements—profit and loss, balance sheet, and cash flow—and shows how they work together to provide a complete picture of an organization’s performance. You’ll explore five key areas of financial analysis and learn how to draw insights that support day-to-day decisions and long-term planning.
By the end of the session, you’ll be better equipped to interpret your financial statements, ask the right questions, and use financial data to guide meaningful conversations about the health and direction of your department or organization.
Learning Objectives
- Understand the purpose and structure of the three core financial statements.
- Read and interpret profit and loss, balance sheet, and cash flow statements.
- Analyze financial data across five key areas: liquidity, profitability, efficiency, stability, and growth.
- Identify trends, risks, and opportunities within financial reports.
- Use financial insights to support planning, reporting, and decision-making.
- Communicate basic financial performance clearly to colleagues, leaders, or stakeholders.
Who Should Attend
This workshop is ideal for managers, supervisors, and team leads who are expected to work with financial statements but don’t have a formal accounting background. It’s also a valuable session for professionals who want to feel more confident discussing and using financial data in their work.
You should attend if you:
- Review profit and loss statements or balance sheets but aren’t always sure what to look for
- Need to use financial information to support planning, budgeting, or reporting
- Want to strengthen your ability to discuss financial performance with leadership or partners
- Are often asked to interpret numbers or explain what’s happening financially in your department
- Would like a clearer process for identifying financial risks, strengths, and areas for improvement
By attending this session, you’ll develop the confidence and skills to understand what your financial statements are really saying—and how to act on that information.
