UBH Webinar - Financial Management

Understanding Financial Management, by Talha Sareshwala

The UBH Webinar on Financial Management focused on the importance of financial statements for business owners and stakeholders. Key points included the necessity of monthly, quarterly, and annual financial statements to track business performance and health. Financial statements provide insights into business activities, profitability, and financial stability, which are crucial for potential investors, suppliers, customers, employees, government agencies, and lenders. The discussion emphasized the components of financial statements, such as the profit and loss account, balance sheet, and cash flow statement, and their role in decision-making and management efficiency. The importance of compliance with financial regulations was also highlighted.