Category Archives: FAQ

Basic Financial Management-What is a Cash Flow Statement?

The Cash Flow Statement is typcally the 3rd of the 3 financial statements found in an Annual Report. This video provides an overview. It gives a clear explanation of the relationship between the income statement and cash flow statement.




About the presenter: Michael Fischer spent nine years at Goldman Sachs, advising some of the largest private banks, mutual fund companies and hedge funds in the world on investment choices. He started his finance career at Credit Suisse First Boston in early 1995. During these ten years, he was frequently ranked as the top advisor by many of his clients and peers. He gave his opinion to managers of trillions of dollars of assets and came across hundreds of different investment styles and approaches; he also bought and sold billions of dollar of investments on behalf of his clients and himself. Michael holds an MBA from INSEAD (Dec 1994) and an Honours Bachelor of Science Degree from the University of Toronto (1989). He has also written a book on Saving and Investing because he feels strongly this material is too important in our world today to ignore. You can learn more about his book at the following website: http://www.savingandinvestingbook.com

Basic Financial Management-What is a Balance Sheet?

The Balance Sheet is one of the 3 main financial statements of a company — it captures the Assets, and the Liabilities (equity+debt) at a “certain point in time” – like the end of the year. And it balances.





About the presenter: Michael Fischer spent nine years at Goldman Sachs, advising some of the largest private banks, mutual fund companies and hedge funds in the world on investment choices. He started his finance career at Credit Suisse First Boston in early 1995. During these ten years, he was frequently ranked as the top advisor by many of his clients and peers. He gave his opinion to managers of trillions of dollars of assets and came across hundreds of different investment styles and approaches; he also bought and sold billions of dollar of investments on behalf of his clients and himself. Michael holds an MBA from INSEAD (Dec 1994) and an Honours Bachelor of Science Degree from the University of Toronto (1989). He has also written a book on Saving and Investing because he feels strongly this material is too important in our world today to ignore. You can learn more about his book at the following website: http://www.savingandinvestingbook.com

Basic Financial Management-What is an Income Statement?

There are 3 main account statements for companies – the income statement, the balance sheet and the cash flow statement. This video in on the first of these – the income statement.





About the presenter: Michael Fischer spent nine years at Goldman Sachs, advising some of the largest private banks, mutual fund companies and hedge funds in the world on investment choices. He started his finance career at Credit Suisse First Boston in early 1995. During these ten years, he was frequently ranked as the top advisor by many of his clients and peers. He gave his opinion to managers of trillions of dollars of assets and came across hundreds of different investment styles and approaches; he also bought and sold billions of dollar of investments on behalf of his clients and himself. Michael holds an MBA from INSEAD (Dec 1994) and an Honours Bachelor of Science Degree from the University of Toronto (1989). He has also written a book on Saving and Investing because he feels strongly this material is too important in our world today to ignore. You can learn more about his book at the following website: http://www.savingandinvestingbook.com

Industry Topic Dicussions coming up

Last week was active and interesting – we initiated Industry Dicussions in the areas of: M&A, Sales & Marketing, and Project Management – you will be able to see some of these new discussions in a week.

All these discussions are planned as a series, which means they will have multiple parts –easier for you to pick up, and easier to fit into the busy schedules of our contributing professionals.

We are going to arrange all these Industry Topic discussions in the Blogs section of our site: http://www.myorbit.tv/blogs/

Some of these discussions will be available to invited members only because of the wish of the contributing executive. And that is equally fine because MyOrbit.tv can be used both for public and private sharing of business experiences.

By end-June, we plan to feature about 8 industry groups (each group having a few blogs in it) that are created and run by our members – for their business or knowledge sharing.  Meanwhile, if you have any questions or want something to be discussed on this blog, write to us at: connect [at] myorbit.tv

How to Join our Blog Network?

MyOrbit.tv “Blog Network” is a network of blogs on various business topics by professionals worldwide, who are also members of this channel. Each member benefits by increased visibility of their viewpoints, and our audience benefit by getting a range of inputs from diverse professionals right here on MyOrbit.tv

The following diagram describes the concept. We expect to have 100+ business/profession focused blogs in our network by the end of 2007.  Many of them will be integrated into our site, so you will be able to navigate seamlessly from topic to topic – even though each topic is run by a different professional. We are at the start of it, and we think it will be very useful to our viewers.

Do you want to be part of our Blog Network? We are looking to add new members, which fills the entire matrix below, and you could focus on any area/areas that you follow closely. 

So if you are looking run a blog with global exposure, this could be your opportunity. Let us know which topic(s) you follow closely, and whether you already have a blog or whether you want to co-author/participate in existing blogs or Groups .

If you have your own blog, you can continue to run that. Otherwise, you can contribute on one of our existing blogs and a relevant ’Industry Group’ on MyOrbit.tv – and that includes this blog as well, which is about applying new media to business – trends, challenges, and success stories. We would rather have this blog as a worn out pavement than an untouchable shrine like some of the CEO Blogs on the web.

Whether you run your own thing or use our platform, you should publish 2 posts per week (text/ audio/ video) to be included – because such a level of activity is required to run a live source of information/insights with a regular audience. If this sounds exciting to you, then we will be happy to show you a couple of interesting options along with an attractive reward.  To express your interest, email Shankar at: connect[at]myorbit.tv  with ‘MyOrbit.tv Blog Network’ as the subject.