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Jan 25


EBIT/EBITDA - UNDERSTANDING YOUR PROFIT AND LOSS STATEMENT

Learn how to analyze growth or loss within a business or department by comparing
progressive reports. and financial statements.

By The Comply Guide
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13 followers


WHEN AND WHERE


DATE AND TIME

Wed, January 25, 2023, 10:00 AM – 11:15 AM PST


LOCATION

Online


REFUND POLICY

Refunds up to 1 day before event


ABOUT THIS EVENT

 * 1 hour 15 minutes
 * Mobile eTicket

Course Description:

This training program will review different types of profit and loss statements,
including a QuickBooks profit and loss standard layout as a complex, multi-fund
example. Attendees will learn how to analyze growth or loss within a business or
department by comparing progressive reports. If you don’t prepare your own
profit and loss statement, you may not understand what yours are trying to
communicate about your business’ financial performance.

Many business owners and senior executives have stacks of reports they never
look at because none of them seem to make much sense. Understanding your P&L is
vital to small businesses because it also serves as the income statement.
Whether it’s time to apply for business credit or a loan, or time to sell your
business, you’ll need to bring your P&Ls going back 2 to 3 years. This webinar
will help you understand the terms, format, and key performance indicators of
profit and loss statements.

Learning objectives:

 * Understand the meaning and differences of various terms found in a profit and
   loss statement
 * Revenue, sales, valuation
 * Costs, expenses, EBIT
 * Gross profit, operating profit, net profit
 * Know when each set of numbers should be reviewed, what they can tell you, and
   in which areas of your reports external business partners will be interested
 * Review different types of profit and loss statements, including a QuickBooks
   profit and loss standard layout as a complex, multi-fund example
 * Discussion of periodic reports over time and how to analyze growth or loss
   within your business or department by comparing progressive reports,
   including suggestions for areas in which to look for typical problems and
   simple solutions
 * Learn how your chart of accounts affects various lines of your profit and
   loss statement
 * Questions to ask yourself and your accountant when reviewing your profit and
   loss statement and what the answers mean.

Areas covered:

 * Critical elements of a profit and loss
 * What are revenue, sales, and profit and when do I use these numbers?
 * Profit and loss as an income statement
 * Operating expenses, EBIT, EBITDA
 * Where are the losses? - How to tell if you’re spending more or earning less
 * More revenue is not growth – How do I tell the difference?
 * How often should I review and run a P&L?

Who Will Benefit:

 * CEO, COO, Company Owners
 * Small Business Owners
 * Entrepreneurs, Sole Proprietors, Self-Employed Professionals
 * Non-Profit Organizations
 * Grant Managers and Fund Directors
 * Business Management Professionals
 * Vice Presidents, Directors, and Senior Officers
 * Managers/Supervisors
 * Board Directors/Members
 * Business Brokers
 * Investors or other Business Buyers

About the instructor:

Deborah Wolfe is a business consultant, entrepreneur, professional accountant,
and founder of Wolfe Consulting in St Augustine, FL. She provides business
solutions and support for small to mid-size businesses specializing in Financial
Analysis and Business Management. Before starting Wolfe Consulting in 2013, she
spent over 8 years working for the state of Florida and more than 6 years
helping small businesses expand.

Refund Policy:

Attendees may cancel up to two working days prior to the course start date and
the refund will be processed within two working days.

We will process/provide a refund if the webinar is canceled. Refunds will not be
given to participants who do not show up for the webinar. On-Demand Recordings
can be requested in exchange. Webinar may be canceled due to lack of enrolment
or unavoidable factors. Attendees will be notified 24 hours in advance if a
cancellation occurs. Substitutions can happen at any time.

If you have any concerns about the content of the webinar and are not satisfied
please contact us at care@thecomplyguide.com

--------------------------------------------------------------------------------


THE COMPLY GUIDE

Organizer of EBIT/EBITDA - Understanding Your Profit and Loss Statement

Comply Guide is a training and content provider in the regulatory compliance
space.

We partner with organizations and individuals to address their unique learning
needs, provide training and coaching to help them gain complete knowledge about
best practices, SOPs, and regulations pertaining to their jobs and/or industry.

Organizer website
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 * Contact

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