Basic Understanding of Financial Statements Course
Financial Statements are vital to understand the management of your business
Updated on Sep, 2023
Language - English
Financial Analysis,Finance & Accounting,Accounting & Bookkeeping
Course Description
Financial statements are traditionally prepared for those with some basic business acumen, but what happens if you are not fortunate enough to have such a background?
Financial statements are rich with very useful information if you know where to look and how to read them.
The goal of financial statements is to empower you to make decisions, this is where using ratios and looking for trends will go a long way in making informed decisions.
This course uses the three main statements, Income Statement, Statement of Financial Position and Cash Flow Statement, to manage the cash flow cycle from purchases to banking the cash.
By the end of the course, learners will be able to affectively read and understand the main financial statements, and have a simple understanding of several key figures.
Goals
What will you learn in this course:
- Affectively read and understand the main financial statements
- Read and understand Income Statement
- Read and understand Statement of Financial Position
- Read and understand Cash Flow Statement
Prerequisites
What are the prerequisites for this course?
- Basic understanding of accounting.
- Entry level accounting.
Curriculum
Check out the detailed breakdown of what’s inside the course
Basic Understanding of Financial Statements Course
5 Lectures
-
Basic Understanding Of Financial Statements Course - Introduction
10:36
10:36
-
Basic Understanding of Financial Statements Course - Part 1
38:05
38:05
-
Basic Understanding of Financial Statements Course - Part 2
30:30
30:30
-
Basic Understanding of Financial Statements Course - Part 3
19:36
19:36
-
Basic Understanding Of Financial Statements Course - Part 4
33:51
33:51
Instructor Details
Bizfacility
Financial Training Since 2010Being from Bizfacility Financial training for over 10 years of providing training to accountants, bookkeepers and various business owners and companies, we also offer self-study courses to provide value adding knowledge, skills and tools through remote training and engagement that enables you to become more financially skilled.
We offer a variety of self- study courses, packages to provide understanding of all aspects of Bookkeeping, Accounting, Financial instruments, Management Accounting and Financial procedures that are essential for the running of a business.
As finance is a universal language, all online courses offered through UDEMY, are useful to anyone in the world as it complies with IFRS (International Framework of Reporting Standards) and does not include any country specific vat or tax content.
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