1:00 PM - 2:00 PM
Las Vegas Convention Center, North 254
Format: Building Knowledge Session
Level of Content: Intermediate
Track: Business Management & Operations
Continuing Education: NAHB - 1.00 CE hour(s), NKBA - 0.1 CEU(s)
Appropriate for: Single Family - Production , Single Family - All, Single Family - Custom
David O'Brien, Weber O'Brien Ltd., Toledo, OH
James Weber, Weber O'Brien Ltd., Toledo, OH
What It’s About:
Let's face it, financial statements don't usually make for the most exciting topic, and they certainly aren't the easiest to understand. However, as a business owner, understanding these documents and how the relate to each other is absolutely critical for the profitable management of your company. This session will provide you with a better understanding of accounting, financial statements, ratios and benchmarking results. While this session will not turn you into an accountant, the vast knowledge shared combined with a fun in-your-face style will certainly liven up this topic and ensure you walk away better prepared to read and interpret your financial statements.
What You'll Learn:
Gain a better understanding of balance sheets, income statements and statement of cash flows.
Learn the definitions of the major components of each financial statement.
Recognize how each financial statement relates with the other financial statements in your company's operating cycle.
Understand how to calculate and understand key financial ratios and how to evaluate and benchmark results to others in the industry.