What Do the Financials Actually Tell Us?

5 (2 votes)

Financial statements can consist of at least three different schedules, an income statement, a balance sheet, and a statement of cash flows. These schedules explain the company’s historical operations to those who can read them, but they don’t always explain the whole story. Additional data is still needed.

Shawn Hyde

CBA, CVA, CMEA, BCA

International Society of Business Appraisers

Shawn Hyde, CBA, CVA, CMEA, BCA has over 20 years of valuation and appraisal experience in numerous industries. He is a Certified Business Appraiser, Certified Valuation Analyst, Certified Machinery & Equipment Appraiser, and a Business Certified Appraiser. He has written and taught courses for the Institute of Business Appraisers (IBA), the National Association of Certified Valuators and Analysts (NACVA), and the International Society of Business Appraisers (ISBA). He has served on the IBA’s Education Board, and the IBA’s Board of Governors, and is a past Editor in Chief of the IBA’s professional journal, Business Appraisal Practice.

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