Best Financial Statements Courses & Certifications

Advanced Understanding Financial Statements Course

How to read financial statements

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Last Updated: 2023-01-19 11:01:43 English Course Type: Self Learning

Understand profitability and cash flow of a business
How to read financial statements
Use key data from the financial statements
The course teaches the three main statements, Income Statement, Statement of Financial Position and Cash Flow Statement

This Advanced Understanding Financial Statements online course is designed to show the entrepreneur, managers, professionals, bookkeepers and other uses of financial statements, how to read and use key data from the financial statements. The Understanding Financial Statements material has been prepared with a global audience in mind, as the core of the material revolves around IFRS – the International Financial Reporting Standards, which as the name suggests, are the accounting rules used by accountants around the world. The US Dollar (USD) has been used to denote the amounts, but any currency can be used to explain the principles.

This comprehensive e-learning course is designed to show the entrepreneur, managers, professionals, bookkeepers and other uses of financial statements, how to read and use key data from the financial statements, to understand profitability and cash flow of a business.

The course teaches 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 completion of this course, you will be able to efficiently read the main financial statements, and using a number of key figures, develop a story line of the effectiveness of the business in generating sales revenue through to cash flow.

Topics discussed during the online course:

· Introduction and definitions

· Statement of financial position

· Non-current assets

· Inventory

· Receivables & payables

· Taxation

· Equity & debt

· Income statement

· Cash flow statement

· How to read financial statements

· The Two Step Tango model

The only prerequisite is that the learner must have a basic understanding of bookkeeping and accounting to enable the learner to understand the reading of the financial data.
Basic understanding of Financial Statements

Entrepreneurs, managers, professionals
Bookkeepers and other uses of financial statements

Section 1 : Chapter 1: Introduction and definitions 4 Lectures 00:31:17
Lecture 1 :
Module 1: Introduction Preview
Lecture 2 :
Module 1a: Definitions
Lecture 3 :
Module 1b: Objectives
Lecture 4 :
Module 1c: Financial Statements
Section 2 : Chapter 2: Statement of Financial Position 4 Lectures 00:22:11
Lecture 1 :
Module 2: Statement of Financial Position
Lecture 2 :
Module 3: Non Current Assets
Lecture 3 :
Module 4: Inventory
Lecture 4 :
Module 5: Receivables and Payables
Section 3 : Chapter 3: Income Statement 3 Lectures 00:06:19
Lecture 1 :
Module 6: Taxation
Lecture 2 :
Module 7: Equity and Debt
Lecture 3 :
Module 8: Income Statement
Section 4 : Chapter 4: Statement of Cash Flows, reading Financial Statements 3 Lectures 00:08:49
Lecture 1 :
Module 9: Cash Flow Statement
Lecture 2 :
Module 10: How to read Financial Statements
Lecture 3 :
Course Resources

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