WMU News

Workshops explore reading, understanding financial statements

Jan. 3, 2003

KALAMAZOO -- Western Michigan University and the Battle Creek Area Chamber of Commerce are joining forces for a two-part series on making sense of financial statements.

On Jan. 13 and Feb. 10, Ursula P. Case of Yeo & Yeo will present "How to Read and Understand Your Financial Statements" from 6 to 8 p.m. at WMU-Battle Creek's Kendall Center, 50 West Jackson. Part of a monthly series co-sponsored by the University's Women's Business Development Center and the chamber, the programs are free and open to the public.

Reservations are required. For more information or to reserve a seat, contact the Battle Creek Area Chamber of Commerce at (269) 962-4076.

During the presentations, Case will discuss the components of a balance sheet and how to interpret them, how the balance sheet and income statement interrelate, and the basic ratios to compute working capital and the break-even point. She will also describe how depreciation works and touch on how to spot warning signs of potential problems.

Case has two decades of public accounting experience. She is the managing principal of Yeo & Yeo's Battle Creek office, where she serves on the estate planning, manufacturing and health care services teams. Her expertise lies in business and tax consulting for manufacturing, retail and corporations; estate planning; and tax planning and preparation with an emphasis on individuals, small businesses and not-for-profit organizations. Case is a member of the American Institute of Certified Public Accountants and the Michigan Association of Certified Public Accountants, and she serves on the MACPA's Governmental Advisory Committee. She earned her bachelor's degree in accounting from WMU.

Yeo & Yeo is one of the top 100 accounting and consulting firms in the nation as listed in Bowman's Accounting Report. The company provides comprehensive solutions for business, education and governmental entities. Yeo & Yeo's Certified Public Accountants provide tax, accounting, auditing, financial and estate planning services in nine offices throughout Michigan.

Media contact: Jessica English, 269 387-8400, jessica.english@wmich.edu

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