Udemy

Financial Statements Explained

Balance Sheets, Income Statements, Cash Flow Statements, Financial Analysis Made Easy
Free tutorial
Rating: 4.1 out of 5 (20 ratings)
882 students
2hr of on-demand video
English

Understand the basics of financial concepts
Know financial reporting standards and regulators
Analyze items on financial statements
Conduct variance analyses of companies

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

Simplifier at Udemy
Holly Zhang
  • 4.1 Instructor Rating
  • 20 Reviews
  • 886 Students
  • 2 Courses

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.

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