Texas A&M University

Mays Executive Education | Texas A&M University

Complimentary webinar

What the Numbers Really Mean: 5 Financial Statement Misconceptions Every Manager Should Know

November 18, 2026   |   12:00 PM CST

30-Minute Virtual Session

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Overview

Financial statements can look straightforward, but common assumptions about revenue, profit, assets, liabilities, and cash can lead to the wrong conclusions.

In this complimentary 30-minute session, participants will unpack five common misconceptions about the income statement and balance sheet—and learn what the numbers actually mean for better business decisions.

What you will learn

  • Interpret financial statements with greater clarity.
  • Question assumptions that can lead to misleading conclusions.
  • Understand the relationship between profit, cash, assets, and liabilities.
  • Use financial information to make stronger business decisions.

Faculty

Karen Farmer

Karen Farmer, CPA

Senior Lecturer, James Benjamin Department of Accounting

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Related program

Finance & Accounting for Non-Financial Managers

Want to feel more confident reading financial information and using it to make better business decisions? Explore Mays Executive Education’s **Finance & Accounting for Non-Financial Managers** program, designed to help managers interpret the numbers, ask stronger questions, and apply financial insight in day-to-day decision-making.

Explore the Program