Financial Statements Explained: Structure, Purpose, and Responsibility
Understanding your financial statements is essential for making informed business decisions.
This session will guide small business owners through the meaning and importance of key financial documents, including the Profit & Loss Statement, Cash Flow Statement, and Balance Sheet. Participants will learn how these statements are structured, why they matter, and who is responsible for preparing them. Gain the clarity and confidence you need to manage your business finances effectively.
Key Points:
- Decode the Big Three
- Profit & Loss, Cash Flow, and Balance Sheet explained in plain language.
- Understand the Structure and Purpose
- Learn how statements are organized and why they matter for your business health.
- Identify Responsibility
- Know who prepares these statements and how to ensure accuracy and accountability.
*Presented by the UTRGV SBDC with promotional support from participating resource partners, including the Alton Economic Development Corporation; Brownsville Chamber of Commerce; Consulate of Mexico in McAllen; Donna Economic Development Corporation; Economic Development Corporation of Weslaco; Edinburg Chamber of Commerce; Elsa Economic Development Corporation; Greater Alton Chamber of Commerce; Greater Pharr Chamber of Commerce; Greater Mission Chamber of Commerce; Harlingen Economic Development Corporation; Hidalgo Economic Development Corporation; Palmview Chamber of Commerce; Rio Grande City Economic Development Corporation; Rio Grande City Greater Chamber of Commerce; Rio Grande City Public Library; Rio Grande Valley Hispanic Chamber of Commerce; San Benito Chamber of Commerce; San Juan Economic Development Corporation; South Padre Island Chamber of Commerce; Starr County Industrial Foundation; and Weslaco Area Chamber of Commerce & Visitors Center.
Date and Time
Thursday Jan 29, 2026
2:00 PM - 3:00 PM CST
Location
Zoom Webinar
Register Online
Website
Printed courtesy of www.brownsvillechamber.com – Contact the Brownsville Chamber of Commerce for more information.
1600 University Blvd., Brownsville, TX 78520 – (956) 542-4341 – info@brownsvillechamber.com