Ultimate Financial Statements and Ratio Analysis Course

Ultimate Financial Statements and Ratio Analysis Course

The goal of this module is to understand the financial statements a business should prepare on a periodic basis. We will review all three financial statements and breakdown the components that make them so important in business. Towards the end of the course, I will explain ratio groups and how to utilize under different scenarios. We will discuss key terms and concepts necessary to succeed not only in this course, but also your professional career. This course includes video lessons, quizzes, and carefully designed excel spreadsheets to carry out activities.

Here are the lessons we will cover throughout this course:

1. Income Statement Analysis

2. Balance Sheet Analysis Part 1

3. Balance Sheet Analysis Part 2: Accounts Receivable and Prepaid Assets

4. Quiz 1 Recap

5. Balance Sheet Analysis Part 3: Liability + Equity Accounts

6. Quiz 2 Recap

7. Components of a Loan and Amortization Schedule

8. Statement of Cash Flows Part 1

9. What is Ratio Analysis?

10. Quiz 3 Recap

11. Ratio Analysis Part 2 - Solvency and Efficiency Ratios

12. Quiz 3 Recap

After the course

Once you have completed this module, it would be beneficial to move onto "QuickBooks Online Part 1." The QuickBooks Online series helps you apply what you the learned in "Basic Accounting Concepts and Principles" and "Understanding Financial Statements and Ratio Analysis". These QuickBook courses can be taken by anyone with an accounting background to further increase their knowledge of the accounting software.

Learn to read and analyze financial statements to make better business decisions.

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What you will learn

• Understand the difference between the Balance Sheet, Income Statement, and Statement of Cash Flows.
• Identify different asset, liability, equity, income, and expense accounts.
• Understand the components of a loan and how to create a loan amortization schedule.

Rating: 0

Level: Intermediate Level

Duration: 2 hours

Instructor: John L Gough