Master Financial Reporting Statements and critical Analysis
3.4 (45 ratings)
Course Ratings are calculated from individual students’ ratings and a variety of other signals, like age of rating and reliability, to ensure that they reflect course quality fairly and accurately.
3,974 students enrolled

Master Financial Reporting Statements and critical Analysis

Financial Reporting, Balance Sheet, Profit & Loss, Cash Flow, Ratio Analysis, Critical Analysis and Managing Performance
3.4 (45 ratings)
Course Ratings are calculated from individual students’ ratings and a variety of other signals, like age of rating and reliability, to ensure that they reflect course quality fairly and accurately.
3,974 students enrolled
Created by Manish Gupta
Last updated 12/2019
English [Auto-generated]
Current price: $34.99 Original price: $49.99 Discount: 30% off
5 hours left at this price!
30-Day Money-Back Guarantee
This course includes
  • 4 hours on-demand video
  • 2 articles
  • 12 downloadable resources
  • Full lifetime access
  • Access on mobile and TV
  • Certificate of Completion
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What you'll learn
  • Able to Read and understand details and analyse financial statements to draw reasonable conclusions
  • Understand Basic Accounting Concepts
  • Build Financial Statements
  • Conduct Ratio Analaysis
  • Trend Analysis & compare with other industry peers
  • Understand Basics of establishing KPIs and Balance score Cards
  • Understand Management Information System
  • No Prior Knowledge of finance or accounting is required.
  • This course is aimed at all Backgrounds and includes a brief introduction to basic accounting concepts

Reading and understanding financial statements of a company can be daunting for anyone.

However if you an

  • Entrepreneur,

  • Managers with non-financial background,

  • Beginners in finance & accounting field,

and are interested to know your companies performance you must understand basic accounting concepts. You Must be able to critically analyse financial statement and draw informed conclusions to make financial sound decisions. 

Welcome to this short course on understanding Financial Reporting Statements. We will drill through Annual financial statements of a listed company and try to gain understanding of all components of financial statement and how they are linked together.

If you are looking for a complete course on analysing financial statements critically this is THE course.

As a Bonus I have added the lectures on Business Modelling, Financial Modelling & Business Valuation.

Who this course is for:
  • This course is for finance graduates with no prior practical experience in cirtical analysis of statements.
  • Non Finance Background Managers to have complete understanding and limitations of financial statements.
  • All Entrepreneurs who are not comfortable in reading financial statements.
Course content
Expand all 37 lectures 03:58:56
+ Basics of Accounting Concepts and Financial Statements
4 lectures 22:32

Understand Who are users of financial statements and why they would need to read these statements

Purpose of Financial Reporting & Benefits of understanding them

Understand Basic Accounting Flow and how transactions affects Balance Sheet and Income Statements

Preview 07:10

Basic Assumptions of Consistency, Prudence, going concern and accrual accounting

Underlying assumptions of Financial Reporting

Different Elements of Financial Statements (Balance Sheet, income statement Cash Flow etc)

Elements of Financial Statements and Reporting package
+ Statement of Financial Position (Balance Sheet)
7 lectures 01:07:19

in this video we will learn, what are the Key elements of an Balance Sheet. We have attached an Excel Template of balance sheet as well

Preview 02:55

In this video we dive deeper into Details of assets, Non Current Assets, depreciation concepts

Key Elements - Assets Part 1

In this video we look at more about assets

Key Elements - Assets Part 2

In this Section we see details of Current Assets, their valuations and limitations of financial statements.

Key Elements - Assets Part 3

We look at Liabilities in this section including equity

Key Elements - Liabilities

This Video is about details that should be cared and asked by users before relying on presentations in the Balance Sheet

Caution and controlling aspects

This video is all about things which are critical for understanding business but are not made part of Balance sheet.

What are the items not reflected in Balance Sheets
+ Statement of Profit & Loss
5 lectures 41:49

We Learn about basics of Profit & Loss and key terminologies

Preview 06:56

Understand the term Revenue and to differentiate between operating revenue and non-operating revenue

P&L - Revenue Terms

Deeper analysis of Expenses, Operating expenses, selling & distribution, employee benefits, Extra-ordinary expenses

P&L - Expenses

In this video we learn how to conduct the trend analysis and of P&L

Trends and Common Size Analysis

Important things to be cared while analyzing and relying on information provided by P&L statements

P&L Common Pitfalls and Controls
+ Ratio Analysis
3 lectures 32:24

In this Video we learn about Key ratios concerning Balance sheet and Profit & Loss analysis and how to calculate these ratios. 

Key Ratios and their meanings

In this video we learned how to evaluate ratios over a period of time and also compare with peers

Ratio Analysis Part 2

Summarised Concerns in ratio analysis

Be careful in Ratio Analysis
+ Statement of Cash Flow
2 lectures 14:15

Basic understanding of Cash Flow statement and what it tells

Introduction of Cash Flow Statement

What are different type of cash activities & why its important to segregate them. What cash flow is telling us about performance of the company 

Various type of Activities in Cash Flow
+ Business Performance Management
3 lectures 16:20

Basic understanding of what is Balance Score Card

What is Balance Score Card

What are contents of a balance score card and look at a sample

Balance Score Card Template

Steps involved in making Balance Score Card

How to Setup Balance Score Card
+ Management Information System
2 lectures 07:36

What is MIS and what are basic requirements of good MIS

Meaning and Fundamental Requirements

Common MIS reports, this is not in any way exhaustive list just an indicative 

Few Sample Reports
+ Bonus
8 lectures 33:11
Three Business Concepts and their relationship
Business Model
Business Models - In-depth Study
Financial Modelling
Essentials of Financial Modelling
Financial Modelling - Sample
Business Valuation