Figures in the audited financial statements communicates something to the entrepreneur and if could get the message, then, it will work for its advantage. Example, having a higher inventory on the financial statements may mean an advantage or a disadvantage depending upon the circumstances of the business. Advantage in the sense that it has more assets, more supplies available to customers in the early stage of the next period if reasonable in volume. Disadvantage on the other hand if such inventory taken along with average inventory turnover, would result into a very slow turnover which means that working capital is sleeping over the period of time the inventory remains unsold, if perishable, it might deteriorate before being sold, or it may require a more spacious warehouse, etc. Learn a lot more analysis of financial statements in this seminar and other accounting applications for management.
Learning points:
Schedule: September 24-25, 2026 (Thursday-Friday) from 9:00am to 11:00am
Investment Cost: Php 2,800 (Inclusive of VAT)
Platform: Clickmeeting
Online Registration: https://forms.gle/UkKGDVH6S1x8K3Wa9
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