Comprehending Financials: A Guide to Financial Statements

  • 9 Videos | 28m 51s
  • Includes Assessment
  • Earns a Badge
  • Certification PMI PDU
Likes 343 Likes 343
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

  • Playable
    1. 
    Comprehending Financials: A Guide to Financial Statements
    37s
    UP NEXT
  • Playable
    2. 
    Deconstructing the Income Statement
    2m 35s
  • Locked
    3. 
    Performing Calculations Using the Income Statement
    3m 28s
    FREE ACCESS
  • Locked
    4. 
    Managing Cash Flow
    3m 10s
    FREE ACCESS
  • Locked
    5. 
    Deconstructing the Cash Flow Statement
    3m 16s
    FREE ACCESS
  • Locked
    6. 
    Using the Cash Flow Statement
    2m 54s
    FREE ACCESS
  • Locked
    7. 
    What You Need to Know about Balance Sheets
    3m 9s
    FREE ACCESS
  • Locked
    8. 
    Compiling the Balance Sheet
    2m 59s
    FREE ACCESS
  • Locked
    9. 
    Connecting the Dots: Financial Statements in Action
    2m 45s
    FREE ACCESS

EARN A DIGITAL BADGE WHEN YOU COMPLETE THIS COURSE

Skillsoft is providing you the opportunity to earn a digital badge upon successful completion of this course, which can be shared on any social network or business platform

Digital badges are yours to keep, forever.

YOU MIGHT ALSO LIKE

COURSE Tableau for Data Visualization: Introduction
Likes 16 Likes 16  
COURSE Key Accounting Concepts and Principles
Likes 480 Likes 480  
COURSE Basic Budgeting for Non-financial Professionals
Likes 775 Likes 775  

PEOPLE WHO VIEWED THIS ALSO VIEWED THESE

COURSE Basic Accounting Concepts for Non-financial Professionals
Likes 635 Likes 635  
COURSE Key Accounting Concepts and Principles
Likes 480 Likes 480  
COURSE Recording, Posting, and Balancing the Books
Likes 262 Likes 262