Joey de Wit
Owner at DEWITCO Group | Fractional CFO
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Do you know how the Financial Statements are connected?Understanding this can help you analyse your business's financial performance better.This visual shows these connections- hope it helps:
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209 Comments
Maureen Kilian McCarthy 🤫🍀
6mo
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Very helpful , do you have a pdf download available?
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Nichole Weaver
💚💸Personal Money Management Strategist & Financial Success Coach - Supporting Fractional CFOs to ensure their clients' Success - helping women reach their personal financial goals without sacrificing their lifestyle
6mo
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Love this, making connections helps so much!
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Oana Labes, MBA, CPA
Transformative Finance Strategist, Coach & Speaker | Empowering CEOs & CFOs to Win with Decision-Ready Dashboards, Finance-Ready Strategies and Boardroom-Ready Reports | Founder & President, Financiario
6mo
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Great visual Joey de Wit! We can’t manage what we don’t understand.
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Yuba Raj Kafle, CPA
CPA Canada | FP&A | Process Automation | Finance Analyst | Budgeting | Power Bi | Tableau | Python | Management Analytics |
6mo
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The most exiting part when building a financial forecast or model, u should know this linkage.
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Jacinta Barnes, CPA, GAICD
Finance Leader who thrives delivering commercial outcomes and sustainable transformation
6mo
Commenting for my network. I often get asked by non Finance Peers how do the three statements connect together. This is an excellent summary. Thank you for sharing.
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Mario J Cernadas, MBA
President at The Cernadas Consultancy
6mo
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Thanks for posting
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Izualo Campbell
Attended Edinburgh Napier University
6mo
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Nicely explained. How can I get the PDF version?
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Dave Berney (CPA, ACA)
Fractional CFO | Business Partner | Passion for Social Enterprise
6mo
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Your charts are always so well laid out and colour coded! The designer deserves a pay raise 😉
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Nicolas Boucher
I teach Finance Teams how to use AI - Keynote speaker on AI for Finance & FP&A
6mo
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Presented like this, is a great way to understand the connections between the three statements !
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Chrysanthus Ugwuezumba-Akauba
Cummins West Africa Ltd| Sales | Brand Experience| Entrepreneurship | Customer service
6mo
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Joey, wow where have you been all this while. This simplifies Financial statement so well that, a toddler can understand the relationships. Thank you so much for sharing this.
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This will help you understand more the connection among the financial statements and how to get great insights on any company’s financial performance 💡 #accounting#accountant #finance
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Useful tip to understand the relationship between various financial statement say one glance!
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This is a great explanation of Financial Statements 101.
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Financials are always Interconnected - Reading it all together is so Important.
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