Principles of financial reporting

Objective

Understand how to measure and drive sales

Content

Introduction to Financial Reporting

• Understand basic retail formulas and their application
• Learn the fundamental retail financial reports and processes

Financial Reporting Tools

• Understand how financial tools are organized
• Learn when to use financial tools

Analyzing and Interpreting Data from Reports

• Learn how to read and recap data in reports
• Identify and draw conclusions from data in reports
• Understand how to determine selling trends
• Describe how to apply financial reporting information to sales floor
• Describe how to generate an action plan based on results
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