Want a session in your area? We will provide a CPA volunteer to lead the session with a prepared presentation, activities, handouts and worksheets. Learn more about your responsibilities as a host. Request a session Time frame: 60 mins Learning objectives for participants: review and understand financial statements be able to ask informed questions of financial professionals Outline: How’s the business doing? Did we make money this year? What does my P&L tell me? Why do I need a balance sheet? Where is my cash coming from? Where is my cash going to? Why isn’t my cash equal to my profit? Learning Materials: Profit and Loss Statement — gives operating results for a specific period Balance Sheet shows the assets, liabilities, and capital of a business or other organization at a particular point in time details the balance of income and expenditure over the preceding period Cash Flow Statement shows how changes in balance sheet accounts and income affect cash and cash equivalents breaks analysis down to operating, investing and financing activities Questions? For questions, please email us.