Comprehending Financials: A Guide to Financial Statements

Everyone
  • 9 videos | 24m 51s
  • Includes Assessment
  • Earns a Badge
  • Certification PMI PDU
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To maintain your company's finances, you need a strong knowledge of business finance. And to improve the financial well-being of your company, it's vital to understand key financial statements, such as the Income Statement, Cash Flow Statement, and Balance Sheet, as these will hint at problems and possible solutions. This course will give you an overview of these three statements. You'll also explore typical examples of financial statements, learn how each financial statement relates to the other, and discover what each one indicates about your company's financial position.

WHAT YOU WILL LEARN

  • recognize the four types of financial data included in an income statement and the purpose of each
    recognize how to calculate gross profit and income using the Income Statement
    identify the five strategies for managing cash flow
    recognize in which section of a Cash Flow Statement each cash flow item belongs
  • recognize how to calculate cash flow values using the Cash Flow Statement
    recognize how financial transactions affect the financial state of a company in a given scenario
    recognize how to compile a Balance Sheet
    recognize the impact a transaction has on the Income Statement, Cash Flow Statement, and Balance Sheet

IN THIS COURSE

  • 37s
  • 2m 35s
  • Locked
    3.  Performing Calculations Using the Income Statement
    3m 28s
    During this video, you will learn how to calculate gross profit and income using the Income Statement. FREE ACCESS
  • Locked
    4.  Managing Cash Flow
    3m 10s
    In this video, find out how to identify the five strategies for managing cash flow. FREE ACCESS
  • Locked
    5.  Deconstructing the Cash Flow Statement
    3m 16s
    Learn how to recognize in which section of a Cash Flow Statement each cash flow item belongs. FREE ACCESS
  • Locked
    6.  Using the Cash Flow Statement
    2m 54s
    In this video, you will learn how to calculate cash flow values using the Cash Flow Statement. FREE ACCESS
  • Locked
    7.  What You Need to Know about Balance Sheets
    3m 9s
    During this video, you will learn how to recognize how financial transactions affect the financial state of a company in a given scenario. FREE ACCESS
  • Locked
    8.  Compiling the Balance Sheet
    2m 59s
    Discover how to compile a Balance Sheet. FREE ACCESS
  • Locked
    9.  Connecting the Dots: Financial Statements in Action
    2m 45s
    In this video, you will learn how to recognize the impact a transaction has on the Income Statement, the Cash Flow Statement, and the Balance Sheet. FREE ACCESS

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