Family Business Center: Financial Basics

Wednesday, January 18, 9:00 AM

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The Ownership Academy series is designed for those involved with a family business: owners, future owners, spouses and board members. The Financial Basics course is for those who want to enhance or refresh their basic understanding of financial concepts and statements.

This two-day session— a mix of lecture, discussion, and practical examination of your own business' financials— will remove your uncertainty about your family business' financial statements.

After attending Financial Basics, learners will be able to:

Read and understand financial statements, including:
• Income statement
• Balance sheet
• Cash flow statement
...and understand the relationships between these.

The fee for this Ownership Academy course is $2000 per family.

Note that registration for this event is by email; clicking the "register" links on this page will open an email addressed to the relevant address (

Instructor: Dave Vang
Dave Vang, Ph.D. is a professor in the University of St. Thomas Finance Department. His recent book, Entrepreneurial Financial Management: An Applied Approach, is a text used in Family Business courses at St. Thomas. He specializes in business valuation, derivatives, entrepreneurship, publicly-financed projects and the US economy and his research is currently focused on entrepreneurship and family business.

Event Details:
Wednesday, January 18, 9:00 AM

University of St. Thomas
Opus College of Business
1000 LaSalle Ave
Opus Hall room 201/202
Minneapolis, MN 55403

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