Price: Member: Free / Non-Member $50
Location: Online via Zoom
1 CE credits for general and adjuster licenses
Join us for an engaging virtual webinar designed specifically for insurance brokers! to gain a clear understanding of the different types of financial statements you encounter, learn to identify their key components, and discover why they are crucial to your business. Our expert instructor will guide you step-by-step, empowering you with the skills to confidently assess the financial health of your clients or prospects. Elevate your expertise and make more informed decisions to better serve your clients and grow your business!
This would be recommended for any individual at a brokerage that receives/reviews financial statements from a client. This will be an introductory course covering the general aspects of a set of financial statements and tools/resources they can use to analyze financial statements.
It is my understanding that brokers receive the financial statements of their clients and there is a need for them to understand how to read and interpret financial statements and what they mean to assess many different aspects including ability to pay insurance premiums, helping with determining policy coverage and as well as improving overall financial literacy.
Topics covered:
- What are financial statements
- Why financial statements matter
- What to look for in a set of financial statements
- Financial statement analysis ratios
- How to use this information
Instructor | Colin Brecht
Colin is a Partner at BDO Canada LLP with over 20 years of experience in public accounting. Colin has worked with Organizations and Companies in a range of industries, including insurance brokers, not for profit, construction and manufacturing. His diverse experience allows for a different perspective on his clients’ daily needs. He has extensive experience working with entities using the accounting frameworks for ASPE and ASNPO. As an assurance focused partner he works mainly with clients that require review engagements or audits