Meet the Other Phone. A phone that grows with your child.

Meet the Other Phone.
A phone that grows with your child.

Buy now

Please or to access all these features

Money matters

Find financial and money-saving discussions including debt and pension chat on our Money forum. If you're looking for ways to make your money to go further, sign up to our Moneysaver emails here.

Reading a financial statement - can anyone point me i the right direction?

5 replies

ohhelpohnoitsajobinterview · 02/09/2015 12:01

I have applied for a job, most of which I am well qualified to do and have been shortlisted for an interview. There is a part of the job to do with financial planning that I have not done before. I haven't said that I have: all I have said is that I have written budgets, which I have but I haven't written a financial statement at the end of a project.

Part of the interview is to read a fund report for a project and to say what I would suggest. I think I have some valid ideas but was planning to check them out by going online and learning how to read a financial statement. All I can find, however, is how to read annual statements for businesses and charities - which this is not.

I just want to check that what I have to say is not silly. The problems in the statement seem fairly straightforward but I just would like some way of checking my thoughts.

is there anything you could point me to which might help?

OP posts:
Bearbehind · 02/09/2015 15:12

A businesses 'financial statement' would not be a single document- it's made up of their balance sheet, income statement etc and reading those is not something you can do a crash course on the Internet in a few hours (if only Grin)

It sounds like you've been given a very specific set of numbers and they have certain expectations from your responses.

I'd say go with your gut feeling- if you try and second guess what you think they want you might not come across very confidently. Tell them what you would have if they'd presented this data to you during the interview and hadn't had time to think about it.

margaritasbythesea · 02/09/2015 18:18

Yes that is what I mean. I can't swat up on it because it is not a full report and all the tutorials cover those. There are some things I am a bit puzzled about and I don't know if they are deliberate problems or I am not understanding something. Hmm.

margaritasbythesea · 02/09/2015 18:23

Sorry forgot my name change. Busted!

It is a breakdown of the finances for one project.

Bearbehind · 02/09/2015 19:37

PMSL at the name change error!

Honestly, don't over analyse it- go with your instinct. If it's wrong you'd probably struggle in the job anyway. You can't swot up on every situation- it sounds like they're looking for someone who thinks in a certain way and you'll either fit that bill or you won't but trying to second guess them is unlikely to end well.

Good luck Grin

margaritasbythesea · 02/09/2015 20:04

Thanks ????

New posts on this thread. Refresh page
Swipe left for the next trending thread