Do you understand financial statements and how they relate to each other?
Over the years, I have developed and delivered workshops on Finance for non-financial managers. As part of those, I developed some simple scenarios to explain the key points.
This series of videos uses those scenarios to explain what each of the three main statements does – Balance Sheet, Profit and Loss and Cashflow Statement – and how they relate to each other.
Video 1 lasts about 9 mins and introduces the scenarios and the key ideas
Video 2 lasts about 4 minutes and introduces a new element to further explain the ideas.
Video 3 lasts about 6 minutes and adds another element.
Video 4 lasts just over 4 minutes.
If you have any comments or questions, please feel free to get in touch with me.