
Explore the role of financial statements and what they reveal about performance, position, and cash. Learn how analysts use historical data to forecast outcomes for investors, suppliers, creditors, and banks.
Explore the key financial statements: income statement, balance sheet, cash flow; the statement of changes in owner's equity, footnotes, and auditor reports, with emphasis on accrual accounting and cash flow.
Explore the auditor's job of checking compliance with accounting principles like Indian accounting standard, us gaap, or ifrs, and evaluate the credibility and reliability of the audit.
Identify and evaluate key sources of financial information for forecasting, including interim quarterly reports, proxy statements, external corporate reports and press releases, and research reports from other brokers.
Define the objective of your financial model, gather and clean data from statements, analyze ratios, forecast results, and issue a buy, sell, or hold recommendation.
Navigate annual reports to distinguish consolidated from standalone statements and extract key figures from income statements, balance sheets, and cash flows.
Explore how day-to-day transactions move from journal to ledger, through a trial balance, and finally produce the three financial statements in the accounting cycle.
Explore the two main types of accounting—financial accounting and management accounting—and how financial statements like the income statement, balance sheet, and cash flow follow accrual and cash principles, with the matching principle.
Explore accrual adjustments under the double entry system, including unearned revenue, prepaid expenses, accounts receivable, and accounts payable, and see how cash, assets, liabilities, and revenue align.
Builds the full set of monthly financial statements: income statement, balance sheet, and cash flow. Walks through 13 transactions from startup capital to inventory, revenue, expenses, depreciation, and accrual adjustments.
Explore how equity and debt financing affect operating, investing, and financing cash flows, and learn working capital concepts and the linkages between the three financial statements.
Explore the cash flow statement using the indirect method, adjust net income for non-cash items like depreciation and non-operating gains, then analyze changes in operating and investing activities.
Analyze balance sheet formats and asset classifications, distinguishing current and non-current assets. Learn measurement approaches: fair value, historical cost, current cost, and present value, and how they affect working capital.
Explore why the cash flow statement is the key to business health, and learn the indirect method to derive operating, investing, and financing cash flows from net income.
Financial accounting is daunting and many times even students with a commerce education have a hard time applying it. The reason is primarily the way you learned it, and we are going ng reverse that here.
We will apply, apply, apply!
By the end of this course, you would have got a logical understanding of the working of financial statements and in fact, you can keep furthering that application by analyzing other financial statements too.
The course dives into
Bookkeeping, Debits, Credits, the Chart of Accounts, General and Subsidiary Ledgers, T-Accounts, Income Statement and Balance Sheet items, The Accounting Equation, the Double-Entry Principles, earning per share, marketable securities in the balance sheet, assets, and liabilities classification and much more
In a week’s time if you have limited time per day then you will be able to
· Understand the jargon of financial statements
· Crate a financial statement
· Understand accrual systems versus cash system
· Be able to calculate free cash flow
· Be able to interpret earnings per share
· Be able to scan and understand various sources of information
The material is made easy, in very easy-to-understand language for even students coming from a science major.
The most unique part about this course is
· High-quality HD Content
· Knowledgeable CFA charter holder as your instructor with 15 years of experience in fund management
· Case studies that are practical and experiential
· Test yourself on concepts
· Support that you get 24 x 7 for your queries
Why should you learn this course?
No matter whether you are a full-time accountant or just an IT professional working on developing your accounting products maybe you are an entrepreneur. Basic education is necessary to at least be in the picture of taking decisions.
· A solid understanding of accounting usually makes your life easier at work and personally too.
· Most jobs will test you on the basics of accounting before digging deeper into advanced concepts.
· Build a foundation for advanced qualifications like CFA, CPA, etc
Please don’t forget that the course comes with a 30-day money-back guarantee. No questions asked because we are confident that you will like this course. Because we are confident that you will like this course.