Wed, Oct 30|
Webinar: Deep Dive into Interpreting Financial Statements
Every board member must possess at least a basic understanding of the financial statements to make decisions that satisfy his or her duty of care. Andrea Tiller and Nancy Bush, CFO Consultants at Kranz & Associates, will walk you through how to evaluate decisions.
Time & Location
Oct 30, 2019, 12:00 PM – 1:00 PM
About the Event
Deep Dive into Interpreting Financial Statements
LED BY: Nancy Bush and Andrea Tiller, CFOs at Kranz & Associates
Every board member must possess at least a basic understanding of the financial statements to make decisions that satisfy his or her duty of care. Andrea Tiller and Nancy Bush, CFO Consultants at Kranz & Associates, will walk you through how to evaluate decisions and direction of the organization effectively through reading the following information:
- Statement of financial position (balance sheet),
- Statement of activities (income statement),
- Cash flow forecast,
- Actual results compared to budget, and
- Operational figures (for example, cost per unit of service).
When engaged in planning, board members also need to analyze trend analyses, information about the external environment and its impact on the organization, financial projections, capital projects, multiple budget scenarios, and new programs under consideration.
Andrea Tiller is a transformational CFO with a strong, 25-year track record of thinking strategically and executing operationally. A serial CFO in both private and public companies (including two IPOs and other public transactions), she is currently a CFO Consultant at Kranz & Associates, providing superior-level expertise in technology, life sciences, professional services, consumer products, and manufacturing. With multiple capital raises and multiple M&A transactions, Andrea has complete mastery of both the strategic and operational aspects of the role of CFO. She is best known for her innovation, strategic planning, collaboration, ethics, and team building.
Nancy Bush brings over 30 years of financial and operational management expertise in the dynamic technology industry to her role as CFO. Her background in successfully scaling multiple Silicon Valley-based high-technology companies includes rapidly growing companies within the security and SAAS industry. Since joining Kranz in September 2017, Nancy has worked with Leia (holographic content), Waypoint Building (unlocking real estate value), YBVR(streaming virtual reality) and WebABA (medical ABA billing and practice management). During previous consulting work, Nancy engaged with companies on processes, controls and systems including defining and capturing master data elements critical to the business.