Reaching Max Potential

Episode #99: Understanding Your Financial Statements


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In this episode of The Reaching Max Potential Podcast, we demystify the complexities of financial statements, empowering you to make informed business decisions and drive sustainable growth. Learn the essentials of the balance sheet, income statement, and cash flow statement, and discover practical tips for ratio analysis and leveraging financial management software. Gain insights into interpreting and analyzing financial data to enhance your business's financial health. Perfect for entrepreneurs aiming for high performance, this episode provides the tools you need to master your business finances and achieve lasting success.


REFERENCES


Brigham, E. F., & Ehrhardt, M. C. (2013). Financial Management: Theory & Practice. Cengage Learning. https://doi.org/10.1002/9781119206911


Drury, C. (2013). Management and Cost Accounting. Springer. https://doi.org/10.1007/978-1-137-31095-2


Gitman, L. J., & Zutter, C. J. (2015). Principles of Managerial Finance. Pearson. https://doi.org/10.1016/j.ribaf.2015.01.007


Healy, P. M., & Palepu, K. G. (2001). Information asymmetry, corporate disclosure, and the capital markets: A review of the empirical disclosure literature. Journal of Accounting and Economics, 31(1-3), 405-440. https://doi.org/10.1257/jel.39.3.736


Kaplan, R. S., & Atkinson, A. A. (1998). Advanced Management Accounting. Pearson Education. https://doi.org/10.1002/9781119206911


Nash, K. S. (2018). Best Accounting Software for Small Business 2018. Business News Daily. https://www.businessnewsdaily.com/7543-best-accounting-software.html


Penman, S. H. (2012). Financial Statement Analysis and Security Valuation. McGraw-Hill Education. https://doi.org/10.1086/679451

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Reaching Max PotentialBy Jeff Piek