BWA training part 1: Interaction between balance sheet and income statement
Possible event dates
Prices
Free
This workshop provides you with in-depth knowledge of the structure and functions of balance sheets and income statements. You will learn how these two financial statements interact and what conclusions you can draw from them for your company.
Contents
- Detailed structure of the balance sheet and income statement. Interaction between the two statements. How does your economic activity influence assets, liabilities, and equity?
- Effects of investments, loan repayments, and private withdrawals and deposits on the balance sheet and income statement, as well as on your company's liquidity.
- Debt servicing capacity: What is debt servicing capacity and how is it calculated? Is my generated profit sufficient to cover investments, loan repayments, and private withdrawals? Does my business activity lead to an increase in assets or to debt?
Objective: You will gain clarity about the financial situation of your company and be able to make sound strategic decisions for your business.
Speaker
Thomas Schüßler
Hanover Region
Economic Development
Department of Economic and Employment Development
Thomas Schüßler, consultant for finance and controlling at the Hanover Region Economic Development Agency, has been supporting small and medium-sized enterprises (SMEs) and start-ups in the areas of financial management, controlling, and strategic corporate development since 2009. His focus is on strengthening entrepreneurial skills through individual coaching and practical workshops. He also promotes networking between companies, credit institutions, and tax consultants. |
Venue
House of Economic Development, Vahrenwalder Straße 7, 30165 Hanover 
Contact
Melisa Yasik
Hanover Region
Economic Development
Department of Economic and Employment Development
