A major portion, perhaps most, of the business is your responsibility so you need to know which parts of it are performing well financially and which aren’t, in the context of the whole business. The CEO is sure to want to know and needs to know that you know. You must understand the Income Statement (Profit & Loss Account), Balance Sheet and Cash Flow Statement, how they fit together, be able to analyse them and discuss the business’s financial performance confidently. All this and more if you want to be the next CEO.
You probably have someone presenting the Financial Statements and their analysis to you but you need to understand what they are telling you and its significance. You don’t want to be embarrassed in those discussions by not knowing how to read and interpret the Financial Statements. They’ll soon know if you don’t understand but showing them you do keeps them alert. These Finance Courses teach you things you must know about the Financial Statements.