All in One Offer! | Access Unlimited Courses in any category starting at just $29. Signup today. Offer Ends in: 5 Days!

Browse Library

  • Business Solutions
  • Become an Instructor
  • 0
    Shopping Cart

    Your Cart is empty. Keep shopping to find a course!

    Browse Courses
Get Unlimited Learning Access
$29
5 days left at this price!

It Includes

  • Get Full Access to the platform
  • Access upto 16000+ online courses
  • Play & Pause Course Viewing
  • HD Recorded Lectures
  • Access on Mobile/PC/Tablet
  • Includes Real Projects
  • Online iLab Access
  • Certificate of Completion
  • Download for offline viewing
  • Cancel Anytime
$29
  • Understand profitability and cash flow of a business
  • How to read financial statements
  • Use key data from the financial statements
  • The course teaches the three main statements, Income Statement, Statement of Financial Position and Cash Flow Statement

This Advanced Understanding Financial Statements online course is designed to show the entrepreneur, managers, professionals, bookkeepers and other uses of financial statements, how to read and use key data from the financial statements. The Understanding Financial Statements material has been prepared with a global audience in mind, as the core of the material revolves around IFRS – the International Financial Reporting Standards, which as the name suggests, are the accounting rules used by accountants around the world. The US Dollar (USD) has been used to denote the amounts, but any currency can be used to explain the principles.

This comprehensive e-learning course is designed to show the entrepreneur, managers, professionals, bookkeepers and other uses of financial statements, how to read and use key data from the financial statements, to understand profitability and cash flow of a business.

The course teaches the three main statements, Income Statement, Statement of Financial Position and Cash Flow Statement, to manage the cash flow cycle from purchases to banking the cash.

By completion of this course, you will be able to efficiently read the main financial statements, and using a number of key figures, develop a story line of the effectiveness of the business in generating sales revenue through to cash flow.

Topics discussed during the online course:

· Introduction and definitions

· Statement of financial position

· Non-current assets

· Inventory

· Receivables & payables

· Taxation

· Equity & debt

· Income statement

· Cash flow statement

· How to read financial statements

· The Two Step Tango model

  • The only prerequisite is that the learner must have a basic understanding of bookkeeping and accounting to enable the learner to understand the reading of the financial data.
  • Basic understanding of Financial Statements
  • Entrepreneurs, managers, professionals
  • Bookkeepers and other uses of financial statements
View More...
  • Section 1 : Chapter 1: Introduction and definitions 4 Lectures 00:31:17

    • Lecture 1 :
    • Lecture 2 :
    • Module 1a: Definitions
    • Lecture 3 :
    • Module 1b: Objectives
    • Lecture 4 :
    • Module 1c: Financial Statements
  • Section 2 : Chapter 2: Statement of Financial Position 4 Lectures 00:22:11

    • Lecture 1 :
    • Module 2: Statement of Financial Position
    • Lecture 2 :
    • Module 3: Non Current Assets
    • Lecture 3 :
    • Module 4: Inventory
    • Lecture 4 :
    • Module 5: Receivables and Payables
  • Section 3 : Chapter 3: Income Statement 3 Lectures 00:06:19

    • Lecture 1 :
    • Module 6: Taxation
    • Lecture 2 :
    • Module 7: Equity and Debt
    • Lecture 3 :
    • Module 8: Income Statement
  • Section 4 : Chapter 4: Statement of Cash Flows, reading Financial Statements 3 Lectures 00:08:49

    • Lecture 1 :
    • Module 9: Cash Flow Statement
    • Lecture 2 :
    • Module 10: How to read Financial Statements
    • Lecture 3 :
    • Course Resources
  • How do i access the course after purchase?

    It's simple. When you sign up, you'll immediately have unlimited viewing of thousands of expert courses, paths to guide your learning, tools to measure your skills and hands-on resources like exercise files. There’s no limit on what you can learn and you can cancel at any time.
  • Are these video based online self-learning courses?

    Yes. All of the courses comes with online video based lectures created by certified instructors. Instructors have crafted these courses with a blend of high quality interactive videos, lectures, quizzes & real world projects to give you an indepth knowledge about the topic.
  • Can i play & pause the course as per my convenience?

    Yes absolutely & thats one of the advantage of self-paced courses. You can anytime pause or resume the course & come back & forth from one lecture to another lecture, play the videos mulitple times & so on.
  • How do i contact the instructor for any doubts or questions?

    Most of these courses have general questions & answers already covered within the course lectures. However, if you need any further help from the instructor, you can use the inbuilt Chat with Instructor option to send a message to an instructor & they will reply you within 24 hours. You can ask as many questions as you want.
  • Do i need a pc to access the course or can i do it on mobile & tablet as well?

    Brilliant question? Isn't it? You can access the courses on any device like PC, Mobile, Tablet & even on a smart tv. For mobile & a tablet you can download the Learnfly android or an iOS app. If mobile app is not available in your country, you can access the course directly by visting our website, its fully mobile friendly.
  • Do i get any certificate for the courses?

    Yes. Once you complete any course on our platform along with provided assessments by the instructor, you will be eligble to get certificate of course completion.
  • For how long can i access my course on the platform?

    You require an active subscription to access courses on our platform. If your subscription is active, you can access any course on our platform with no restrictions.
  • Is there any free trial?

    Currently, we do not offer any free trial.
  • Can i cancel anytime?

    Yes, you can cancel your subscription at any time. Your subscription will auto-renew until you cancel, but why would you want to?

1114 Course Views

10 Courses

  • learn-ms-excel-from-basic-to-advance

    Learn MS Excel From Basic to Advanc...

    By : Ashwini Bissa

    Lectures 14 Beginner Level 0:24:50
  • odoo-purchases-sales-inventory-with-accounting-modules

    Odoo: Purchases, Sales, Inventory w...

    By : Quantic Statistics R spatial analysis

    Lectures 13 Beginner Level 3:20:52
  • hotel-management-course-analyse-financial-statements-and-performance

    Hotel Management Course - Analyse f...

    By : Manish Gupta

    Lectures 34 Intermediate Level 2:58:18
  • how-to-carry-out-financial-analysis-as-a-banker

    How to carry out Financial Analysis...

    By : CA N Raja Natarajan

    Lectures 25 Intermediate Level 2:57:27
  • advanced-capital-budgeting-improve-long-term-roi

    Advanced Capital Budgeting: Improve...

    By : Blair Cook

    Lectures 7 Intermediate Level 0:54:52
  • envision-the-future-financial-modeling-using-excel

    Envision the Future: Financial Mode...

    By : Blair Cook

    Lectures 8 Intermediate Level 1:32:15
Sign Up & Start Learning
By signing up, you agree to our Terms of Use and Privacy Policy
Create New Password
Enter your email address and we'll send you a link to reset your password.