Title: Analyze financial statements.
Course: Sports and Entertainment Management (12163-II) > Section: Exploring Revenues and Expenditures

Analysis should include determining an organization’s financial health by examining documents such as

- balance sheet
- income statement (profit and loss)
- cash flow statement.

Process/Skill Questions:

- What is the difference between an income statement and a balance sheet?
- What are the elements of a cash flow statement? How is it used?
- How often should a thorough analysis of financial documents be completed?
- What level of management is involved in financial analysis?