Using easy to understand terminology, this webinar will describe different types of business financial statements. We will use a sample small business as a case study and will include examples of how certain human resource decisions affect financial statements. Participants will learn:  

1. The elements of a balance sheet, which describes a financial position at a specific date in time 
2. What is included in an income statement, which measures business activity over a period of time 
3. The purpose of a cash flow statement and how it is different from an income statement 
4. How a budget or financial plan can be designed 

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