Skip to main content
Learn More

Session 2: Basic Financial Statements

Session 2: Basic Financial Statements

Session 2: Basic Financial Statements

Date: Wednesday, December 4, 2013
Time: 5:30 - 8:30 PM
Location: SEED Center, 4310 Ryan Street
Price: $150

Different financial statements, various types of tax returns, and multiple account titles can confuse a person who works with accounting information every day.  For example, the phrase "Dividends are paid from Retained Earnings" is a frequently used statement about dividends to stockholders.  But, retained earnings is not a pool of cash awaiting distribution to stockholders.  In fact, retained earnings is not even cash at all.  Of course, balance sheets and income statements disclose different information, and a statement of cash flow, financial statement notes, and tax returns all have different information disclosed to readers.  Cases and exercises will be used as illustrations of the topics discussed in this session.