About the class
Accounting rules have prescribed three main financial statements: the Income Statement, the Balance Sheet and the Cash Flow Statement. All three statements give us important but different information about a company. What do they tell us?; How are they connected?; Is there one that is more important than the other two? Ability to read and analyze information presented on financial statements is key to understanding the financial condition of any company. It is also the basis for the Accounting & Finance courses you will be required to and/or elect to take at Hult.
The essence of the webinar is to demystify the complexities of financial statements, especially for participants who have had little or no exposure to them. We will start by defining what information is contained on the three statements, show the connections between them and highlight how changes on one statement impact the other two. To test participants’ understanding of the subject, we will derive together (from “scratch”) the one statement that is usually labelled the most complex of them all, the CashFlow Statement. Voila! Demystification complete!
Professor Aleksander Grzeszczak
For the past 16 years, Professor Alek Grzeszczak has been working on behalf of Value Discovery Partners, a mid-size private equity investment fund focused on emerging markets, and particularly on South Eastern Europe.
Alek runs the transaction execution team at VDP and as such has executed a number of acquisitions in the region, has conducted all exit preparations and disposals of VDP assets.
Prior to VDP, Alek was a VP in the Telecom Investment Banking group of Salomon Smith Barney (now Citigroup Corporate and Investment Bank), where he worked for 5 years, first in the New York office and later in London. At SSB, he executed a number of advisory, M&A, equity and debt financing transactions for SSB’s American and European clients.
Alek is a finance faculty member at HULT; Judge Business School, Cambridge University and at the Rotterdam School of Management, Erasmus University. In addition, he delivers finance courses to a number of Investment Banks in London’s City as well to corporate clients with Ashridge executive education. He is a graduate of Columbia Business School, where he received a joint MBA (finance) /MIA (international business) degree. He also holds a M.Sc. degree in Telecom and Electrical Engineering.