Welcome to “Financial Statements: Measuring an Organization’s Financial Health,” a video lesson that describes the purpose and value of financial statements. This lesson is the first of four in the “Financial Statements” video course, which is meant to help you analyze financial statements and develop an executive mindset about your organization’s finances. In this lesson, you’ll learn what financial statements are, why they’re created, and who reads them. Then, you’ll discover the basic information provided in income statements, balance sheets, and cash flow statements. Finally, this lesson touches on the generally accepted accounting principles used to standardize the way financial and accounting information is presented.
Overview
COURSE DIFFICULTY
COURSE DURATION
8m
Skills Learned
After completing this online training course, students will be able to:
Analyze Financial Statements to Assess Financial Health
Interpret Key Financial Ratios and Metrics
Evaluate an Organization's Performance Over Time
Identify Areas for Financial Improvement
Make Informed Decisions Based on Financial Data
Finance Professionals, Accountants, Business Analysts, Managers, Students in Finance or Accounting
Basic Knowledge of Accounting Principles, Familiarity with Financial Terminology
01. Introduction to Financial Statements
02. Understanding the Balance Sheet
03. Analyzing the Income Statement
04. Cash Flow Statement Overview
05. Financial Ratios and Their Interpretations
06. Making Strategic Decisions Based on Financial Analysis
SKILLS LEARNED
Skills Learned
After completing this online training course, students will be able to:
Analyze Financial Statements to Assess Financial Health
Interpret Key Financial Ratios and Metrics
Evaluate an Organization's Performance Over Time
Identify Areas for Financial Improvement
Make Informed Decisions Based on Financial Data
WHO SHOULD ATTEND
Finance Professionals, Accountants, Business Analysts, Managers, Students in Finance or Accounting
PREREQUISITES
Basic Knowledge of Accounting Principles, Familiarity with Financial Terminology
COURSE OUTLINE
01. Introduction to Financial Statements
02. Understanding the Balance Sheet
03. Analyzing the Income Statement
04. Cash Flow Statement Overview
05. Financial Ratios and Their Interpretations
06. Making Strategic Decisions Based on Financial Analysis