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SCF-02 Understanding Financial Statements for Competitive Advantage

Featuring Samuel C. Weaver

Length: 1 hour 25 minutes

Understanding Financial Statements for Competitive Advantage

Financial information is a critical foundation of every business decision. Using actual financial statements to illustrate various concepts, this module is appropriate for all levels of supply chain management. At the conclusion of this module, participants will be able to:

  • Understand basic financial information contained in income statements, balance sheets, and cash flow statements as well as a number of key financial footnotes and accounting concepts

  • Understand what financial information is available and where to locate key pieces of financial information

  • Understand what each financial information item is and why it is important

  • Appreciate how to use this information to read their own company’s financial statements as well as the financial statements of competitors, suppliers, and customers

Supplementary Materials

  • Module Notes & Handouts