Financial Statements 101
4.1 (13 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.
46 students enrolled

Financial Statements 101

Learn how to read and understand your financial statements
4.1 (13 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.
46 students enrolled
Created by Todd Frazier
Last updated 9/2018
English
English [Auto-generated]
Current price: $34.99 Original price: $49.99 Discount: 30% off
5 hours left at this price!
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This course includes
  • 1 hour on-demand video
  • 3 downloadable resources
  • Full lifetime access
  • Access on mobile and TV
  • Certificate of Completion
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What you'll learn
  • After this course you will be able to read, understand, and use financial statements for your business.
Requirements
  • Basic business understanding
Description

My name is Todd Frazier and I'm a CPA in Southern California.  In this 9 part course, you will get acquainted with the most effective tool to strategize how to manage your business from a global standpoint.  This information has helped many of my clients become more efficient and effective in their businesses.  My goal is that it does the same for you!

Who this course is for:
  • Anyone starting a business.
  • Anyone that wants to know why your financial statements are so important.
  • Anyone that gets their financial statements from their CPA and doesn't know what to do with them.
Course content
Expand 9 lectures 01:07:12
+ Introduction
9 lectures 01:07:12

Welcome to our Financial Statement course that will take you through the basics of understanding and using your business financial statements to evaluate your business and focus your growth strategies based on the financial data.  This fist video gives you a basic overview of what financial statements are and who might use them.

Let's get to it!

Preview 04:22

Welcome to our Financial Statement course that will take you through the basics of understanding and using your business financial statements to evaluate your business and focus your growth strategies based on the financial data.  This session talks about why ACCURACY is the first step to using Financial Statements.

Let's get to it!

Preview 03:26

Welcome to our Financial Statement course that will take you through the basics of understanding and using your business financial statements to evaluate your business and focus your growth strategies based on the financial data.  Now we are going to discuss the purpose of having Financial Statements to strategize and take your business to the next level.

Let's get to it!

Preview 03:01

Welcome to our Financial Statement course that will take you through the basics of understanding and using your business financial statements to evaluate your business and focus your growth strategies based on the financial data.  The first section of Financial Statements is the Balance Sheet.  This video will give you a basic overview of what information is included in the balance sheet and how to read it.

Let's get to it!

Financial Statements 004: BALANCE SHEET
11:35

Welcome to our Financial Statement course that will take you through the basics of understanding and using your business financial statements to evaluate your business and focus your growth strategies based on the financial data.  The second section of a Financial Statement is the Profit & Loss.  Chances are, you've seen this report before.  In this video we discuss the type of information included in this section and how to read it.

Let's get to it!

Financial Statements 005: PROFIT & LOSS
09:20

Welcome to our Financial Statement course that will take you through the basics of understanding and using your business financial statements to evaluate your business and focus your growth strategies based on the financial data.  The final section of a Financial Statement that we will be discussing is the Cash Flow Statement.  In this video we discuss the type of information included in this section and how to read it.

Let's get to it!

Financial Statements 006: CASH FLOW STATEMENT
08:17

Now we're going to start using what we've learned thus far about Financial Statements.  This is the first strategy that I always use when reviewing historical data.  

Let's get to it!

Financial Statements 007: COMPARISON STRATEGY
08:20

This next strategy is a bit more complicated and less commonly used. It's referred to as the Average Strategy and we do just that...average multiple years together.  The most common use for it is in business valuation and overall evaluation for multiple periods.

Let's get to it!

Financial Statements 008: AVERAGE STRATEGY
06:44

This is my FAVORITE strategy when I'm evaluating Financial Statements and the health of a business.  It's called the Percentage Strategy.  You will learn how to use percentages to compare previous periods along with specific industry standards.  Doing this, you can see where you're at compared to the competition.

Let's get to it!

Financial Statements 009: PERCENTAGE STRATEGY
12:07