Introduction to Financial Statements
An introduction to the four main financial statements, with examples of how the statements are affected by different business transactions.
Category
Financial Statements
Courses
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16 min
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19 min
Balance Sheets
An introduction to balance sheets, including an explanation of the balance sheet equation and descriptions of assets, liabilities and shareholders’ equity.
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15 min
Income Statements
The income statement shows whether and how a company made or lost money over an accounting period. This course describes the income statement and the common classifications of revenue and expenses you’ll see on it. It also explains different measures of profitability such as net income, EBIT and EBITDA.
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11 min
Cash Flow Statements
Cash flow is fundamental to a company’s ability to stay in business. This course explains cash flow statements and how they’re used to track cash from a company’s operating, investing and financing activities.
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5 min
Statements of Shareholders’ Equity
A walkthrough of a statement of shareholders’ equity, including what events typically cause changes in the value of shareholders’ equity.
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17 min
5 Things to Learn from a Company's Annual Report and Financials
What to look for in a company’s financials and annual report to give you a quick picture of a company’s financial health and current and future financial prospects.