Core Financial Statement Concepts
Original price was: $24.99.$14.99Current price is: $14.99.
What you may be taught
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Explore the parts of belongings, liabilities and fairness and ranging codecs of presentation.
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Identify what “balancing” the stability sheet means.
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Discover the connection to earnings assertion parts.
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Identify what includes income.
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Explore various varieties of earnings statements.
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Identify expenditures.
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Recognize Net Income/Loss and stream by means of to stability sheet.
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Explore why the money stream assertion is king.
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Discover what the money stream assertion tells the corporate.
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Recognize how the money stream assertion hyperlinks to the stability sheet and earnings statements.
Accountants and finance personnel are schooled within the fundamentals of the idea of monetary statements throughout their academic years. The focus is commonly on the calculations, format and functions of the statements. Once professionals enter the working world they discover that the monetary statements are really an integral instrument for managing and monitoring the monetary well being of a corporation.
This course is targeted on discussing the ideas of the first monetary statements utilized at each firm: stability sheet, earnings assertion, money stream assertion and retained earnings statements. Many professionals really feel uncomfortable with attempting to learn and interpret the monetary statements. In actuality, in the event you can learn a vitamin label you may be taught to learn the monetary statements.
Rather than deal with the computations and ways of every of the statements, we are going to cowl the vital ideas of how the statements work together and relate to one another offering administration with the important info wanted to handle monetary stability of their group. It is vital professionals acknowledge that nobody assertion tells the entire story, however mixed they supply a strong instrument for administration.
If you desire to Continuing Education Credit (e.g. CPE, CE, CPD, and so forth.) for this course, it’s out there in the event you take this course on the Illumeo dot com platform below course title: Critical Concepts to Understand on the Balance Sheet, Income Statement, Cash Flow and Retained Earnings. Illumeo is licensed to supply CPE in over two dozen totally different skilled certifications overlaying finance, accounting, treasury, inner audit, HR, and extra. However, with the intention to obtain CPE credit score the programs have to be taken on an ‘approved-by-the-governing-body’ CPE platform, and for over two dozen company skilled certifications, that’s the Illumeo platform. Go to Illumeo dot com to be taught extra.
Who this course is for:
- Anyone all for accounting, finance, and associated fields.
10 reviews for Core Financial Statement Concepts
Add a review
Original price was: $24.99.$14.99Current price is: $14.99.
Anonymized User –
Yes I find the instructor keeps a good pace, focuses on key specific topics, and the flow of material is good.
Estelle Mordaunt –
It is relevant to me as I’m doing a course on this financial perfomances so therefore this helps me a lot
Musa Toheeb –
I think I am liking the studies as the instructors give good explanation to various concepts.
Jitha A.A –
Useful
Anonymized User –
i think is giving what i really want to know..
Mark Rapo –
Yes. I’m a beginner in finances, so high level overview is helpful.
Koh Koon Yeow –
Slides were blurred occasionally during lesson.
Albert Wong Yiung Kiing –
Good basics exposure and it’ll help better if the lecturer’s voice can be louder and clearer
Chia Yong Kong –
Well it is a good refresher for me , over times I actually forgot the basics of financial concepts, thanks !
Wade Penner –
This course was much more high-level than I anticipated. I was also surprised that none of the financial statements were ever shown, rather they were discussed over a PowerPoint.