BWA training part 1: Interaction of balance sheet and income statement

They know the structure and functions of a balance sheet and income statement and understand the interaction between these two sets of accounts.

Only through the interaction of the balance sheet and the income statement can I recognize whether my economic success leads to debt or to an increase in assets (increases or decreases my equity).

They know the different types of private withdrawals and private deposits and their effects on the balance sheet.

In the first step, it is important to know what private withdrawals represent and in the second step, how they affect my equity and thus my assets/debts.

You can determine the scope of action for private withdrawals and loans and thus your debt servicing capacity.

As an entrepreneur, it is important to know that loan repayments are not operating costs and, like private withdrawals, are to be made from profit or cash flow (profit + depreciation). Cash flow is therefore the maximum amount for financing loan repayments and private withdrawals.

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Haus der Wirtschaftsförderung, Vahrenwalder Straße 7, 30165HannoverCalculate route