Lesson 1: The Difference Between Profit and Cash Flow
Lesson 1: The Difference Between Profit and Cash Flow
Course content (10 lessons)
Module 1: A Simple Guide to your Profit and Loss Statement
01 |Module 2: Cash Flow and Accounting Systems
When assessing the financial performance of a business, most people always refer to profit.
Well, the problem with looking at profit is that it’s not the best indicator of financial performance.
Why is that?
Well, it’s because Profit is not the same as your cash flow!
In this lesson, we will uncover where your cash is hiding, and why it’s different to profit.