Understanding Financial Statements - Online

Financial Statements speak in a nutshell about the financial affairs of a business organization. This Course is intended to familiarize you with the basic concepts, elements, form, necessity & the importance of financial statements.

This is an online self study course that can be globally accessed 24/7 from any internet enabled computer. Course access is for 91 days. Certificates with earned credits will be awarded for successful completion.

También, se ofrece este curso en Español. Llamada para más información.

Available TodayOnlineUSD$125
Instructional Method:
Self-Study
Level: Basic

ICB CREDITSICPAS CREDITS
51.5
Analysts, investment advisors, credit analysts, compliance staff, auditors and others making investment and lending decisions.
Students will be able to:
  • Provide an outlook of Financial Statements
  • Understand the elements of Financial Statements
Language Options
También, se ofrece este curso en Español. Llamada para más información.
Financial Statements – A Preview
This module gives an introduction to Financial Statements prepared by a business entity. It helps the user understand:
  • What are Financial Statements?
  • Importance of Financial Statements
  • Various users of Financial Statements and how do they use them.
Duration: 1 hour

Fundamentals of Financial Statements
This module gives an introduction to the elements contained in Financial Statements. It helps the user understand:
  • Basic Accounting Principles- Concepts & Conventions that underlie financial statements
  • Accounting Equation- a tool to understand why a balance sheet tallies
  • Presentation of Financial Statements
  • Interrelation between Income Statement and Balance Sheet
Duration: 1 hour

Introduction to Financial Statement Analysis
This module introduces the lay out of requirements of an analyst for analysing financial performance of a company. It helps the user understand:
  • General framework of requirements associated with analysis of balance sheet, income statement, and cash flow statement
  • Notes to principal financial statements
  • Management discussion
  • Analysis of results
Duration: 1 hour

Understanding the Income Statement
This module focuses on one of the major financial statements i.e., the income statement. It helps the user understand:
  • Purpose, construction, and common-size analysis of income statement
  • Evaluate trends in performance
  • Compare the performance of different companies
  • Earnings per share calculation
Duration: 2 Hours

Understanding the Balance Sheet
This module details the purpose, construction, pertinent ratios, and common-size analysis of balance sheet. It helps the user understand:
  • The purpose, construction, pertinent ratios, and common-size analysis of balance sheet
  • The format, structure, and components of the balance sheet
  • Classification and valuation basis of assets and liabilities
  • The components of equity and illustrates the statement of changes in owners’ equity
  • Balance sheet analysis by illustrating common-size balance sheets and calculating pertinent ratios
Duration: 2 Hours

Understanding the Cash Flow Statement
This module focuses on one of the major financial statements i.e., the cash flow statement. It helps the user understand:
  • The purpose, construction, and common-size analysis of the cash flow statement
  • Evaluate trends in performance over several measurement periods and to compare the performance of different companies
Duration: 1 hour

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