Business Essentials: How to Read a Financial Statement

This course covers financial reports and their meaning. You will learn the fundamentals and important of the income statement, balance sheet, and statement of cash flows, and how they can be used to manage a business. You will also be exposed to financial (ratio) analysis.

After completing this course, you'll be able to:

• Explain the key concepts of financial reporting
• Describe the basic accounting standards pertaining to financial reporting
• Itemize the information in the income statement, balance sheet, and statement of cash flows
• Explain the important differences between accounting income and cash flow and between book value and market value
• Describe the nature of business enterprise as reflected by the balance sheet
• Define financial (ratio) analysis and explain its objectives and limitations
• Identify the various categories of financial ratios
• Define and calculate the ratios within each category

This course is self-paced and online. You will have access to this course for 30 days.

Level: Introductory

Estimated time to complete: 3-5 hours

Cost: $79.00

Duration: 30 days

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