Financial Statements: Learn Accounting. Unlock the Numbers.

Learn Accounting to Get Promoted, Become a Successful Entrepreneur, and Make Smarter Investments
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196 students enrolled
Instructed by Nathaniel Garrett Business / Finance
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  • Lectures 35
  • Length 3 hours
  • Skill Level Beginner Level
  • Languages English
  • Includes Lifetime access
    30 day money back guarantee!
    Available on iOS and Android
    Certificate of Completion
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About This Course

Published 2/2016 English

Course Description

Updated: May 26, 2016 from Austin, TX

What is this Course about?

Through engaging power point lectures and practical excel exercises, you will learn how to read financial statements more effectively. Explore the power of accounting and how it can impact your career.

I structured this course for you. Throughout my years of teaching, my students complain that most professors just don't teach with the student in mind. They have the accounting expertise but can't properly convey the material in easily understood terms. That's where I come in. I will teach you the essentials of accounting. No fluff. I use fun analogies to help break down tricky accounting concepts into bite sized, manageable material.

This course covers the importance of accounting principles and allows professionals to become more proficient at reading, understanding and interpreting financial statements.

Beginning with accounting basics, we will explore the importance of communication and purpose of financial statements. From there, you will learn how to Create an Income Statement, Balance Sheet and Cash Flow Statement in excel. Then I will introduce you to financial ratios and how they are used to interpret those tricky numbers on the income statement, balance sheet and cash flow statement. Wrapping up, we will explore a real world company using Yahoo Finance so you can learn exactly how each statement connects together.

This is a wonderful course for anyone wanting to learn the basics of accounting and how to read financial statements.


What Materials are Included in this Course?

  • Multiple Quizzes to Test your Knowledge
  • Engaging Video Lectures
  • Useful Excel Practice Examples


Questions this Course Answers?

  • How to Read Financial Statements?
  • What is Accounting?
  • How to Invest Smarter?
  • How to Use Financial Ratios to Assess Company’s Financial Health?


My Promise to You

In all honestly, I love to teach. All Feedback, Encouragement, Criticism is Welcome. My goal is to do everything in my power to improve this course for my Students. Your Education is Top Priority to Me. I love questions because I believe that is the true way to learn. Looking forward to hearing from you! Be on the lookout for future Accounting Courses :)



What are the requirements?

  • Nothing! If you're new to Accounting, this is the Course for You :)

What am I going to get from this course?

  • Confidently Read Financial Statements
  • Understand Accounting Jargon
  • Gain a Valuable Understanding of Key Accounting Concepts
  • Apply Accounting Knowledge to real world companies
  • Evaluate a Companies Financial Health
  • Read, Understand, and Interpret Financial Statements

What is the target audience?

  • Small Business Owners Wanting to Enhance their Accounting Expertise
  • Students Wanting to Understand Financial Statements better
  • Employees looking to better Understand Financial Reports in the workplace
  • Entrepreneurs Looking to Create a Better Business Plan
  • Investors eager to interpret financial statements to invest smarter
  • Anyone who wants to learn the basics of Accounting!

What you get with this course?

Not for you? No problem.
30 day money back guarantee.

Forever yours.
Lifetime access.

Learn on the go.
Desktop, iOS and Android.

Get rewarded.
Certificate of completion.

Curriculum

Section 1: Introduction to the Basics of Accounting
01:22

My friendly advice to you:

  1. No need to be overwhelmed, Rome wasn't built in a day ;)
  2. Watch 10 minutes each day, At that rate it will only take you 18 days to complete the course!
  3. Reach out to me if you have any questions, I would love to hear from you!
03:48

In this short Video, we will discuss what Accounting is and how it’s communicated. Learn whom businesses communicate to and how they do it.

05:04

In this short video, we discuss what financial statements are, provide examples of each and discuss their primary purpose.

Section 2: Income Statement: Create an Income Statement and Calculate Net Income
02:18

In this short video, we discuss the income statement, it's purpose and 3 main types of accounts:

  • Revenues
  • Expenses
  • Income
08:46

In this video, we discuss what revenues are and the different types of revenues. Also I will Introduce you to Accrual vs. Cash Basis Accounting.

12:43

In this video, we learn how to classify expenses, discuss different examples and expand on accrual vs. cash basis accounting.

06:55

In this video, Understand the value of Income as we discuss different examples, and learn how to calculate net income.

12:47

Apply your Knowledge by Learning how to Create an Income Statement in Excel. We will discuss each step of the income statement to reinforce the concepts presented in the powerpoint lecture.

Article

Practice Creating an Income Statement from Scratch! The Lesson is in Excel format so you can familiarize yourself with creating a Income Statement. 

*Download to Work in Excel or Open with Google Sheets*

05:54

Using Excel, learn how to analyze a company using Vertical Analysis. Gain a Valuable Understanding of Income Statement Analysis.

3 pages

Five Questions and Answers Challenging your Knowledge of the Income Statement

Section 3: Balance Sheet - Read the Balance Sheet and Understand Accounting Principles
02:21

In this short video, I introduce you to the Balance Sheet. We discuss the fundamental accounting equation and the purpose of the Balance Sheet.

05:10

In this video, we'll discuss the purpose of assets, different types of current and fixed assets along with examples of each.

05:31

In this video we discuss liabilities and owner's equity, the other half of the accounting equation. We cover different examples of each and learn how they are classified on the Balance Sheet.

13:10

Utilize Excel to help create a Balance Sheet and apply your knowledge from the Power Points.

Article

Practice Creating a Balance Sheet from Scratch! The Lesson is in Excel format so you can familiarize yourself with creating a Balance Sheet. 

*Download to Work in Excel or Open with Google Sheets*

08:47

In this video, compare multiple years on the balance sheet and evaluate the changes in account balances.

2 pages

Five Questions and Answers Challenging your Knowledge of the Balance Sheet

Section 4: Cash Flow Statement - Understand the Flow of Cash and Cash Activities
02:12

In this short video, we'll discuss what a cash flow statement so you can identify its purpose in the finance world.

06:03

In this video, Learn Each section of the Cash Flow Statement, the Different types of activities, and Examples of Each.

15:24

Utilize Excel to help create a Cash Flow Statement and apply your knowledge from the Power Points.

Article

Practice Creating a Cash Flow Statement from Scratch! The Lesson is in Excel format so you can familiarize yourself with creating a Cash Flow Statement. 

*Download to Work in Excel or Open with Google Sheets*

3 pages

Five Questions and Answers Challenging your Knowledge of the Cash Flow Statement

Section 5: Utilizing Financial Ratios - Evaluate a Company's Financial Performance
01:57

In this video, I introduce you to financial ratios and the different types we’ll cover.

04:48

In this video, we cover liquidity ratios, how to calculate them and practice with multiple examples.

05:11

In this video, we cover solvency ratios, how to calculate them and we'll practice with multiple examples.

04:53

In this video, we cover profitability ratios, how to calculate them and practice with multiple examples.

06:52

In this video, we cover Activity ratios, how to calculate them and practice with multiple examples.

Section 6: Real World Case Study - Examine a Real Company Through Financial Ratios
01:35

Introduction to the Case Study

09:50

In this Video, we analyze Yahoo Finance to see exactly how the income statement, balance sheet, and cash flow statement connect together.

06:57

In this Video, we look at a real world company and see how they measure using liquidity ratios.

Analyze Financial Statements through Solvency Ratios
10:32
Analyze Financial Statements through Profitability Ratios
08:04
Section 7: Completion of Course + Bonus!
Conclusion - Congratulations on Completing the Course!
01:05
Article

As a Bonus for all your hard work, I placed all the financial ratios we covered in a nice handy cheat sheet so you can print it and take it with you!

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Instructor Biography

Nathaniel Garrett, Entrepreneur, Online Teacher, Certified Bookkeeper

Nathaniel Garrett is an online teacher with a passion for seeing others succeed. He creates and designs courses for the modern entrepreneur. His goal is to provide entrepreneurs with tips and guidance on their journey toward financial freedom.

Along with being an entrepreneur, he has been teaching students and business owners the power of accounting for over 5 years now. He runs Accounting University, an online classroom where he publishes courses, offers free educational videos and teaches 1 on 1.

He is a business consultant, certified bookkeeper, and a successful online teacher. Nathaniel holds his bachelor's in Accounting from Texas State University. With his knowledge of Inbound Marketing, he knows exactly what you are looking for in a course. No fluff. Just the Essentials.

He lives in Austin TX where he enjoys live music, playing racquetball and tennis, and riding bikes around his neighborhood in Hyde Park.

Nathaniel loves to answer questions and thrives on student’s success. He believes life is about forming relationships. Feel free to contact him at any time. He would love to hear from you!

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