
Explore how depreciation and amortization allocate asset costs over time, using straight-line and activity-based methods. Distinguish tangible assets from finite-life intangibles and understand D&A's impact on the income statement.
Classify current and non-current liabilities—accounts payable, debt, taxes, and how notes to financial statements reveal other liabilities—using P&G’s $6 billion deferred tax liability as an illustrative example.
Identify shareholders' equity as ownership claims on a firm's capital, including paid in capital, retained earnings, and net income, linking the P&L and the balance sheet and signaling dividend implications.
Explore the main accounting equation and how balance sheets stay in balance by equating assets with liabilities plus equity, using double-entry principles across businesses.
Practice bookkeeping by recording journal entries and constructing a balance sheet and income statement for a lemonade stand, using daybook entries and t-accounts in Excel.
Register bookkeeping entries for a lemonade stand to build a p and l and a balance sheet, recording raw materials, cost of goods sold, revenues, cash, and expenses.
Use t-accounts to build the balance sheet and income statement, calculate totals, balance the accounting equation, and add net income to equity, including revenues and costs.
Practice building a profit and loss and balance sheet for 2015 from accounting transactions, using debits, credits, and T accounts, then calculate 2014-2015 financial ratios.
Explore accrual accounting's timing for revenue and costs. Learn the four accruals: unearned revenue, accrued revenue, prepaid expenses, and accrued expenses—and their effects on liabilities and assets.
Explore the direct method of cash flow statements, showing cash from customers and cash paid to suppliers. Contrast the direct method with the indirect method, which most companies use.
Learn to compute cash flow using the indirect method by adjusting net income for non-cash items and working capital changes, then classify cash flows into operating, investing, and financing activities.
Explore P&G's 2021 annual report and 10-K to understand the income statement, balance sheet, cash flows, and notes that reveal the company's business, risks, and financial health.
Explore liquidity, solvency, profitability, efficiency, and valuation ratios to analyze financial performance, including current and quick ratios, debt and interest coverage, ROA and ROE, asset turnover, and cash conversion cycle.
Calculate ROA, ROE, and margin ratios for P&G, compare to the industry average, and explain how revenue growth and a one-off impairment shape profitability and overall performance.
Download Tesla's historical financials from the company's website, identify 10-Q quarterly reports and 10-K annual reports, and save PDFs or Excel copies for analysis.
Accounting is one of the most important skills for people pursuing a career in Finance.
It helps you understand whether a business is profitable.
It gives you an idea of a company’s size.
It helps you use the past in order to take action in the present and change the future.
However, it’s essential that you understand it well.
If you want to become…
a Financial Analyst
an Accountant
an Auditor
a Business Analyst
a Financial Controller
a Financial Manager
a CFO
a CEO
an Investment Banker
an Equity Research Analyst
an Investor
an Entrepreneur
Someone who is involved with a business and would like to be successful
Then you simply have to learn Accounting and Financial Statement Analysis. There is no way around it.
But how can you do that if you have very limited time and no prior training? And how can you be sure that you are not missing an important piece of the puzzle?
Accounting & Financial Statement Analysis: Complete Training is here for you. One of the best Finance courses available on Udemy, it includes everything you’ll need. We will start from the very basics and then gradually build a solid foundation that will serve you well throughout your career.
What makes this course different from the rest of the Accounting courses that are out there?
High quality of production – HD video and animations (This isn’t a collection of boring lectures!)
Knowledgeable instructor (experience in Big 4 Accounting + Master in Finance)
Financial Statement Analysis: We will learn how to use information about the past in order to predict how a business will fare in the future
Extensive Case Studies that will help you reinforce everything that you’ve learned
Excellent support: If you don’t understand a concept or you simply want to drop us a line, you’ll receive an answer within two business days
Dynamic: We don’t want to waste your time! The instructor keeps up a very good pace throughout the whole course.
How come accounting is so important?
It’s about money, right? If you want to understand how money is coming in and going out of a business, you will have to learn accounting.
Here are 5 more reasons why you should take this course and learn accounting:
Jobs. A solid understanding of accounting usually lands you a sweet job as an accountant and opens doors for a number of career paths.
Promotions. Accountants are promoted very easily inside large corporations
Mick Jagger studied accounting
Secure Future. Accounting skills remain with you and provide extra security. You won’t ever have to fear unemployment
Please don’t forget that the course comes with Udemy’s 30-day unconditional money-back-in-full guarantee. And why not give such a guarantee, when we are convinced that the course will provide a ton of value for you?
Enroll today and let's start this journey together!
CPE (Continuing Professional Education)
Learning Objectives
Describe the fundamental concepts of accounting, bookkeeping and the stakeholders of financial reports.
Discuss in detail the three main financial statements and their respective elements.
Explain the basic principles that are used in recognition and accounting for revenues and expenses
Identify the process involved in accounting from transaction to final statements.
Build a Financial Statement from the basic information provided.
Define the principle of accruals accounts and distinguish between accrual and cash principles.
Create a cash flow statement from the provided information.
Demonstrate knowledge of Financial Reporting and its interpretation using ratio analysis.
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