We began with a blank Miro frame and posted examples of what we might take into consideration when managing our money, and reorganized those to create a Balance Sheet and Income Statement. From there we talked about why we use depreciation on assets to better reflect the reality of our business, and why that makes our cash flow different from our income statement.

We dug into a simple real-world example using actual financial statements from PDI right before DreamWorks came in. We spent time talking about how to recognize when revenue is billed vs. earned.

We finished by looking at a recent Zynga set of statements to see how large public companies show their financial results.

Zynga financial statements are at investor.zynga.com/financial-information/quarterly-results.  The spreadsheet we looked at in class is Zynga Financials FYE20 (open with Google Sheets and take advantage of the row and column open/collapse buttons along the side and top to dig in or zoom out on the detail).