Students will gain a working knowledge of the format, construction, use and analysis of the Cash Flow Statement from which the Balance Sheet and Income Statements can be derived. The inputs for income and expense will deal specifically with the equine industry and its individual considerations. These will include such aspects as type, durability and availability of consumed product resources. At the conclusion of this course, students will be able to construct, follow the progress and analyze the inflows and outflows of an equine business.