We mostly focus on the income statement, but what about other accounting concerns? This seminar discusses multiple common balance sheet issues, both on-the-books and off, that have an impact on our stakeholders and the value of the organization. Using practical analysis and case discussions, we highlight several key tools in understanding and communicating the importance of the cornerstone of accounting: the balance sheet. We must understand the real drivers of accounting issues to ensure that the balance sheet will be exemplary.
Learning Objectives
After attending this presentation, you will be able to...
- Appreciate the paramount need for an excellent balance sheet.
- Testify to the critical nature of using both practical analysis and common sense in our application and approach to balance sheet accounting.
Major Topics
The major topics that will be covered in this course include:
- Typical accounting issues that impact the balance sheet.
- Where are the 'hidden' issues in unrecorded liabilities?
- Why and how most balance sheets are not correct?
- What are unrecorded assets, and why do they matter?
- Suggestions to improve balance sheets
- Identification and resolution of balance sheet challenges and changes.
- Communicating with your audience and stakeholders
