Understand and Interpret Financial Statements
Gain a better understanding of the meaning of financial statements and find the information you are looking for.
This course will assist internal and external readers of financial statements by gaining an overall understanding of basic financial statements-balance sheet, statement of operations, and statement of cash flows. You will learn how to analyze specific financial statement line items, how the analyses of the balance sheet and operating statement interplay, and calculate and review key ratios to make informed financial decisions.
• You will be able to describe basic types of financial statements.
• You will be able to discuss how to develop and generate a consistent financial reporting package.
• You will be able to explain a detailed analysis of financial statement lines.
• You will be able to review the statement of cash flows and know what you should look for.