I have always been amazed at the picture that can be painted by the analysis and frequent examination of a financial statement.  Each ratio or indicator can serve as a brush stoke that provides insight into the health of an organization.

 Although many business owners are driven by the bottom line they often do not have time to examine line items on their balance sheets or profit & loss statements. It is very important that you or someone on your team, takes the time to know the ratios, trends, cost drivers, and numbers that are particular to your organization. This knowledge is very important to the survival and success of your firm.

 This blogpost, Know Your Numbers is about the lessons I learned as a management accountant during the past 10 years of my career. I look forward to sharing my knowledge of accounting and operations management with The Women’s Book network in hopes to encourage women business owners and non-profit leaders to develop a deeper understanding of their financials.

 This blog will focus on the following topics:

  •  Operational Metrics
  • Financial Measurement Tools
  • Forecasting Analysis
  • Internal Controls & Risk Management

Whether you are an entrepreneur, corporate executive or small business owner, I hope that you will find my posts helpful. Do you have questions about your financials? If so, I would love to hear from you. Feel free to email your questions to talisa@thewomensbook.com.

Until next time,

TaLisa Sheppard, Director of Finance & Operations, The Women’s Book