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This plan includes
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HD Video Recorded Lectures- Learn on Mobile/PC/Tablet
- Quizzes and Real Projects
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- Email & Chat Support
- Cancel Anytime
What you'll learn?
- 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
Course Overview
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
Pre-requisites
- 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
Target Audience
- Entrepreneurs, managers, professionals
- Bookkeepers and other uses of financial statements
Curriculum 14 Lectures 01:08:36
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Section 1 : Chapter 1: Introduction and definitions
- Lecture 2 :
- Module 1a: Definitions
- Lecture 3 :
- Module 1b: Objectives
- Lecture 4 :
- Module 1c: Financial Statements
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Section 2 : Chapter 2: Statement of Financial Position
- 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
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Section 3 : Chapter 3: Income Statement
- Lecture 1 :
- Module 6: Taxation
- Lecture 2 :
- Module 7: Equity and Debt
- Lecture 3 :
- Module 8: Income Statement
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Section 4 : Chapter 4: Statement of Cash Flows, reading Financial Statements
- Lecture 1 :
- Module 9: Cash Flow Statement
- Lecture 2 :
- Module 10: How to read Financial Statements
- Lecture 3 :
- Course Resources
Our learners work at
Frequently Asked Questions
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How do i access the course after purchase?
It's simple. When you sign up, you'll immediately have unlimited viewing of thousands of expert courses, paths to guide your learning, tools to measure your skills and hands-on resources like exercise files. There’s no limit on what you can learn and you can cancel at any time. -
Are these video based online self-learning courses?
Yes. All of the courses comes with online video based lectures created by certified instructors. Instructors have crafted these courses with a blend of high quality interactive videos, lectures, quizzes & real world projects to give you an indepth knowledge about the topic. -
Can i play & pause the course as per my convenience?
Yes absolutely & thats one of the advantage of self-paced courses. You can anytime pause or resume the course & come back & forth from one lecture to another lecture, play the videos mulitple times & so on. -
How do i contact the instructor for any doubts or questions?
Most of these courses have general questions & answers already covered within the course lectures. However, if you need any further help from the instructor, you can use the inbuilt Chat with Instructor option to send a message to an instructor & they will reply you within 24 hours. You can ask as many questions as you want. -
Do i need a pc to access the course or can i do it on mobile & tablet as well?
Brilliant question? Isn't it? You can access the courses on any device like PC, Mobile, Tablet & even on a smart tv. For mobile & a tablet you can download the Learnfly android or an iOS app. If mobile app is not available in your country, you can access the course directly by visting our website, its fully mobile friendly. -
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