Financial Statements Explained
Requirements
- No financial knowledge required. This is an introductory course!
Description
By the end of this course, you will not only understand how to read and analyze the three types of financial statements, but you will know the applications of this beyond work and school. The purpose of this course is to acquit you with knowledge that can prepare you for the many instances in which you will require an understanding of finance and financial statements.
Finance is an industry you will undoubtedly come across, and this course is designed to prepare you for that. I made this course because I believe in the art of simplification. I hope you enjoy it as much as I did when creating.
The learning objectives of the course are as follow:
Understand the purposes and types of financial statements
Navigate SEC's EDGAR database and learn about the 8k, 10q, and 10k
Define the purposes of the Generally Accepted Accounting Principles and the International Financial Reporting Standards and identify their role in finance and accounting
Identify the types of line items on the balance sheet, income statement, and cash flow statement
Explain the financial metrics and ratios used to gauge the financial position of a company
Conduct and follow variance analyses of companies using Excel
Who this course is for:
- High school and post-secondary students interested in business pathways
Instructor
I am a high school student with a background in financial analysis. I have worked with companies like Mastercard Foundation and Equifax in democratizing financial literacy and won in multiple business case competitions at the national and international level. I am currently teaching alongside CPAs at my local library. As someone with a passion for simplification, I hope to design courses enjoyable for everyone, regardless of the level at which they are.