Financial Statement Fundamentals for Small Biz & Investors
Financial Statement Fundamentals for Small Biz & Investors, available at $39.99, has an average rating of 4.3, with 61 lectures, 7 quizzes, based on 10 reviews, and has 814 subscribers.
You will learn about Use the financial statements to tell the story of a business Understand fundamental accounting theories that lie underneath the financial statements Assess the performance of a business through the Income Statement via revenue, expenses & profit Know the position or current financial state of a business by reading the Balance Sheet Analyse where business cash came from and where it went (and for what purpose) from navigating the Cash Flow Statement This course is ideal for individuals who are This course is an introductory 'fundamentals' course meant for those with little to no accounting or financial education or training or Small business owners who want to make more use of, and get insights from, accounting information provided by their accountant or financial system should take this course or Stock market investors who would like to analyse investments in more depth, using the financial statements, should take this course or If you have accounting education or financial career experience then this course may NOT be best for you as it is a beginner's course (unless you want to undergo revision or follow an intellectual curiosity) It is particularly useful for This course is an introductory 'fundamentals' course meant for those with little to no accounting or financial education or training or Small business owners who want to make more use of, and get insights from, accounting information provided by their accountant or financial system should take this course or Stock market investors who would like to analyse investments in more depth, using the financial statements, should take this course or If you have accounting education or financial career experience then this course may NOT be best for you as it is a beginner's course (unless you want to undergo revision or follow an intellectual curiosity).
Enroll now: Financial Statement Fundamentals for Small Biz & Investors
Summary
Title: Financial Statement Fundamentals for Small Biz & Investors
Price: $39.99
Average Rating: 4.3
Number of Lectures: 61
Number of Quizzes: 7
Number of Published Lectures: 61
Number of Published Quizzes: 7
Number of Curriculum Items: 68
Number of Published Curriculum Objects: 68
Original Price: $84.99
Quality Status: approved
Status: Live
What You Will Learn
- Use the financial statements to tell the story of a business
- Understand fundamental accounting theories that lie underneath the financial statements
- Assess the performance of a business through the Income Statement via revenue, expenses & profit
- Know the position or current financial state of a business by reading the Balance Sheet
- Analyse where business cash came from and where it went (and for what purpose) from navigating the Cash Flow Statement
Who Should Attend
- This course is an introductory 'fundamentals' course meant for those with little to no accounting or financial education or training
- Small business owners who want to make more use of, and get insights from, accounting information provided by their accountant or financial system should take this course
- Stock market investors who would like to analyse investments in more depth, using the financial statements, should take this course
- If you have accounting education or financial career experience then this course may NOT be best for you as it is a beginner's course (unless you want to undergo revision or follow an intellectual curiosity)
Target Audiences
- This course is an introductory 'fundamentals' course meant for those with little to no accounting or financial education or training
- Small business owners who want to make more use of, and get insights from, accounting information provided by their accountant or financial system should take this course
- Stock market investors who would like to analyse investments in more depth, using the financial statements, should take this course
- If you have accounting education or financial career experience then this course may NOT be best for you as it is a beginner's course (unless you want to undergo revision or follow an intellectual curiosity)
- Latest Course Update: 1st Nov, 2015.
Be the businessperson & investor you have always wanted to be…
With Financial Statement Fundamentals you will turn your accounting ‘records’ into value-creating, actionable information allowing increased profits, better cash flow & a higher net worth.
You will be given a clearly structured walkthrough of the three main financial statements. These documents, provided by your accountant or accounting software, will no longer appear to be written in an abstract, foreign language.
After the course you will be able to read and navigate through the Income Statement, Balance Sheet and Cash Flow Statement. And with this knowledge you will have an insight into your business or investments that you have never had the opportunity to see …and from then on, will never want to go without!
Understand the Financial Statements with this Comprehensive Course and Prosper in Business & Investing from Using Financial Data
With this deep-dive course, you will:
- Find lessons in core accounting theory
- Learn how to read and navigate the Income Statement, Balance Sheet & Cash Flow Statement
- Build on all your new knowledge and begin analysing financial statements
- Have all the support you need along this new (and exciting) journey
- Find free bonus resources attached to the course to assist with your learning
When you take this course, understand the financial statements and start using them, you will never view your business and investments the same again.
For thousands of years there has been some form of accounting record keeping for reporting purposes. While the process has moved from stone carvings to the digital era, financial statements for financial reporting purposes continue to offer a high-level overview of the activities of a business or organisation.
Being able to view beyond the numbers of financial statements and tell the story of a business is a unique skill held by accountants and financial analysts. It enables them to advise businesses and investors on the best course of action to improve the returns on their client’s capital. And while this course will not in itself be able to make you a professional advisor (although it can start you on that journey), it will allow you to view any business or any investment and assess its performance or position based on the three financial statements.
The course has been developed for small business owners and stock market investors who, while skilled in their own field, have no direct accounting or financial education or training.
The course is structured as follows:
It begins with an introductory section that describes the benefits and content of the complete course (including bonus resources) as well as a brief introduction to the financial statements and why they are unique and useful.
You then move on to learn some fundamental accounting theory. This is considered important (and thus included in the course) because it will help you understand what is going on ‘under the hood’ of the financial reports which you will later cover.
From here you will begin your journey through the financial statements. The income statement comes first, followed by the balance sheet and finally the cash flow statement. To keep it clear and straightforward the structure of each statement’s section is quite similar so you can see the three statements in contrast to each other.
With your new grounding in the statements, you then study how they all can and do link with each other, as well as how you can find more information and detail in the ‘notes’ to the financial statements.
To assist your learning experience as greatly as possible and achieve the learning outcomes (as opposed to just watching videos) each section includes a revision quiz and many sections include ‘Action Stations’ where you are guided on how to begin to put theory into practice.
Last but not least, you will find many free, attached bonus resources. Not only will you have example basic financial statements to study along the way, you will receive three free PDF eBooks that are normally only available for sale. These eBooks cover accounting foundations, income statement basics and balance sheet basics and provide more written detail, or at least another delivery method, in your accounting knowledge journey.
Enrol now, take the leap and never look back, in your business and investments, again!
Course Curriculum
Chapter 1: Introduction
Lecture 1: Section 1: Introduction
Lecture 2: Why Study this Course: The Skill & Benefits
Lecture 3: Nothing is as Practical as Good Theory
Lecture 4: What's Included in this Course
Lecture 5: Stuck? Need Help?
Lecture 6: Housekeeping
Lecture 7: A First Look at the Three Main Financial Statements
Lecture 8: Financial Statements: What are they?
Lecture 9: The Universality of Financial Statements
Lecture 10: Section 1: Review
Lecture 11: Action Stations 1
Chapter 2: UPDATE: How to Access Your Financial Statements
Lecture 1: Prequel: How to Approach this Section
Lecture 2: Steps (and Demo) on How to Access Your Financial Statements Any Time
Chapter 3: Accounting Basics
Lecture 1: Section 2: Introduction
Lecture 2: The IASB, FASB and the Accounting Standards
Lecture 3: The Accounting Equation
Lecture 4: Accrual Accounting
Lecture 5: Section 2: Review
Lecture 6: Action Stations 2
Chapter 4: The Income Statement
Lecture 1: Section 3: Introduction
Lecture 2: Example Income Statements
Lecture 3: Income Statement Naming Conventions
Lecture 4: Like a Video
Lecture 5: A Performance Statement
Lecture 6: Income
Lecture 7: Expenses
Lecture 8: Net Income
Lecture 9: Income Statement Formatting Alternatives
Lecture 10: Section 3: Review
Lecture 11: Action Stations 3
Chapter 5: The Balance Sheet
Lecture 1: Section 4: Introduction
Lecture 2: Example Balance Sheets
Lecture 3: Balance Sheet Naming Conventions
Lecture 4: Like a Photo
Lecture 5: A Position Statement
Lecture 6: Assets
Lecture 7: Liabilities
Lecture 8: Equity
Lecture 9: Balance Sheet Formatting Alternatives
Lecture 10: Section 4: Review
Lecture 11: Action Stations 4
Chapter 6: Cash Flow Statement
Lecture 1: Section 5: Introduction
Lecture 2: Example Cash Flow Statements
Lecture 3: Cash Flow Statement Naming Conventions
Lecture 4: Like a Video
Lecture 5: A Performance Statement
Lecture 6: Cash Flow from Operating Activities
Lecture 7: Direct & Indirect Cash Flow Statements
Lecture 8: Cash Flows from Investing Activities
Lecture 9: Cash Flow from Financing Activities
Lecture 10: Life Cycle & Business Health Insights
Lecture 11: Section 5: Review
Lecture 12: Action Stations 5
Chapter 7: Links between the Financial Statements
Lecture 1: How All Three Statements Link Between Each Other
Chapter 8: 'Notes' to the Financial Statements
Lecture 1: Example Notes to the Financial Statements
Lecture 2: The 'Notes to Financial Statements'
Lecture 3: Action Stations 6
Chapter 9: Conclusion
Lecture 1: BONUS Resources (Free PDF eBooks)
Lecture 2: Congratulations & Thanks
Lecture 3: Did You Get Value from this Course? Please Consider Leaving a Review
Lecture 4: About accofina
Instructors
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Axel Tracy
BBus (UTS) GradCertFinPlan (Kaplan)
Rating Distribution
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- 2 stars: 2 votes
- 3 stars: 1 votes
- 4 stars: 0 votes
- 5 stars: 7 votes
Frequently Asked Questions
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