Beginner Financial Statements

Beginner Financial Statements
at
Alison
Overview

Learn how to interpret the ratios and apply those interpretations to understanding the firm's activities

Earn a certificate of completion from Alison
Gain expertise on widely used skills like Financial Analysis, Financial Modeling, Corporate Finance, Cash Flow

Skills you will learn

What are the course deliverables?

Define the purpose, uses, and limitations of a financial statement
Identify the elements of an income statement, a balance sheet and a cash flow statement
Analyze the impact of taxes on firms
Compare accrual and cash accounting
Describe financial ratios and their uses
Compute and interpret main profitability, activity, liquidity, debt management and market value ratios
Recognize some limitations of financial ratio analysis
Explain the distortionary effect of inflation and some other items
Apply different forecasting techniques and analyze forecasting
Describe how to create a pro forma income statement, balance sheet and a cash budget
Define financial modelling and pro forma analysis

More about this course

In this free online certificate course, students will learn about the major financial statements: how to create them and how to use the information they provide
Students will study the different types of financial ratios ? their sources, formulas, purpose, uses and limitations - as well as how to interpret and apply them
The course also presents pro forma financial statements and how to use them to make vital managerial decisions
In this course, students will also learn about less commonly used financial statements such as the statement of equity and the free cash flow statement (which is different from the statement of cash flows)
Students will be able to identify assets, liability and shareholder's equity, and learn how to compute the balance sheet equation