Reading Financial Statements

Overview

Reading Financial Statements Course

Learn how to read financial statements. In this 2-part free course, we use a company's financial statements and annual report to understand the financial strength of a company and help us make informed decisions.

Reading & Understanding the Balance Sheet

In this first module, we learn how to read the balance sheet and its related notes using a company case study, Espresso Software. This will help us understand the financial strength of the company and help us make informed decisions. By the end of this module, you will have a solid understanding of the specific accounts in a typical balance sheet and the related notes to the financial statements.

Navigate successfully through the notes to the financial statements.
Read and interpret the various items in a published balance sheet.
Understand complex balance sheet concepts (e.g. deferred taxes, goodwill, investments, etc.)

Free Accounting Course - CFI

Reading & Understanding the Income Statement and Cash Flow

In this second module of this free course, we continue reading Espresso Software's financial statements. We look at the company's income statement and statement of cash flows and conclude by covering the key contents of an annual report. By the end of this module, you will have a solid understanding of a typical income statement, statement of cash flows and annual report.

Understand the different ways to present an income statement and cash flow statement.
Read and interpret the various items in a published income statement.
Identify the operating, financing, and investing activities of a company.
Determine what is contained in an annual report and where to find it.

How to read financial statements free course

More About this Free Financial Statements Course

This accounting course is highly interactive with many different applied exercises and case studies. Sophisticated search and navigation tools allow you to go at your own pace while pop quizzes test what you have learned. The reading financial statements course also includes two PDF reference guides – a financial statements glossary and an accounting factsheet. These can be used while taking the course and downloaded to your computer for future reference.

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What You'll Learn

Lesson

Multimedia

Exams

Files

Introduction

Course introduction

Downloadable files

Understanding the Balance Sheet

Session objectives

Three key financial statements

Balance sheet

Income statement

Statement of cash flows

Simplified balance sheet

Current vs non-current

Interactive exercise 1

Espresso Software balance sheet demonstration

Investments

Deferred income taxes

Interactive exercise 2

Common vs preferred shares

Authorized vs outstanding share capital

Contributed surplus

Other comprehensive income

Interactive exercise 3

Balance sheet component matching exercise

Statement of shareholders' equity

The full disclosure principle

Three key financial statement notes

Significant accounting policies

Direct information

Indirect information

Interactive exercise 4

Noteworthy exercise

Understanding the Income Statement and Cash Flow Statement

Session objectives

The three key financial statements

The income statement

Single step vs multi-step income statement

Cost of sales

Selling, general and administration

Gains and losses

Interactive exercise 5

Espresso Software income statement exercise

The cash flow statement

The cash flow activities

Operating activities

Investing activities

Financing activities

Direct method vs indirect method

Direct method

Indirect method

Key elements in a cash flow statement

Interactive exercise 6

Espresso Software cash flow statement exercise

The benefits of an annual report

Contents of an annual report

Management discussion and analysis

Expresso Software reporting challenge exercise

Qualified Assessment

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Path to Certification

Prerequisite Courses

8 courses from beginner to intermediate level.

01Optional

Core Courses

11 courses from beginner to intermediate level.

02Required

Elective Courses

Take 3 out of 10 courses at an advanced level.

03Required

Get Certified

Submit your FMVA®️ checklist and order your certificate.

04Required

Join Our Community

Get access to the Global Corporate Finance Society.

05Optional

How the Certification Works

FMVA® Financial Analyst Certification courses are offered 100% online, allowing you the flexibility to start the financial analyst program anytime and learn when it’s most convenient for you.

Students must complete all core and elective courses (14 in total) and demonstrate mastery of the topics through successful completion of course materials, quizzes, and assessments.

Within 48 hours of program completion, your Blockchain Verified FMVA Certification will be emailed to you.

What Our Students Say

MD Mozammel Hoque

This course gives an insight into how to read the financial statements and annual report of a company. The course has given a precise explanation for the items appearing in the financial statements and also the fundamental information that appeared in the annual report. This is a must for those who want to understand the financial statements and annual report clearly.

Sarangan Venugopalan

This course very clearly elaborated on the importance of the Financial statements and how to read it. I have a greater understanding now.

Doyinsola Kazeem

The course enables a beginner to grasp financial concepts quickly. The course is self-paced so each person can learn at their convenience. Overall an enjoyable experience. A+++

Ajisebiolowo Samson

The course covered what I expected of it and more. The lectures were engaging and delivered in an easy-to-understand manner even if you've never read a financial statement before or are not too familiar with accounting terms. Great job!

Ava Thompson

This course has made reading of financial statements very enlightening and rather interesting. It is a necessary tool to understand, especially if you have an interest in purchasing stocks or even owning your business. This course has been made so simple and easy that the lay person can understand it. Thank you.

Michael Nitto

Reading Financial Statements is a very good course. The instructions, notes, exercises and all around presentation are amazing and very helpful. Highly recommend.

Mickey Srivastav

nicely built with all the basic information as preparatory to build a strong foundation for the intermediate and advanced level.

Adeniyi Samuel

This is the best way to learn and catch up with International standards in Finance and Accounting. As a Nigerian this is a wonderful experience for me. Great stuff guys.

Biswadeep Ghosh

Reading Financial Statements is not a typical course where students are taught about how to prepare financial statements but how to present them. Its important to present and evaluate financial statements in a proper manner otherwise important managerial decisions cannot be formulated as it is difficult to derive financial ratios and cash flow analysis from an inappropriately prepared financial statement of a company. Financial Statements provide essential information to potential investors, customers and even candidates seeking a job in a company as companies operations are visible through the various accounts presented in a financial statement.

Agabala Aleskerov

It was a very good decision in taking this course which is very informative and very helpful for all professionals who intend to extend their career paths thru financial analysts tracks.

Rupom Hazarika

It was a worth investment to brush up my basic financial knowledge with this course for the upcoming FMVA course of FCI.

Ronnett Cummings Malcolm

The course has made the complex simple. Scott is very effective in getting the knowledge across in a short time. It was indeed an excellent refresher and the practice materials were extremely relevant.

Smriti Tomar

The course contains data for all . It starts with very basic and gradually the level increases . A very good learning opportunity . I ll recommend this course to all the enthusiasts eager to make their career in finance.

kelvin ahn

Even though I had no knowledge of the subjects, the instructor had explained in a clear and precise manner. Short and sweet. Right to the point. Awesome job !!!!

Sara Vázquez Rico

This course covers everything you are going to need to know about the financial statements perfectly. Also it is very engaging the way this course is mapped out. Truly loved it!

Protim Changkakoti

i would strongly suggest CFI to tie up with top business universities and business schools so that the certifications gets recognized. The level of the course programs are so very professional. The instructor is a cherry on the top, he makes things so simple to understand.

Mohammad Haroon Zubair

An excellent course to gain insight of the company's financial position. A course with substantial depth for investors seeking to get returns on investment. Moreover, a good course for finance beginners.

Isaac Kofi Mensah

CFI makes accounting practical and real. Without prior knowledge in accounting, the practicality of the module will help you grasp the basic understanding of accounting. Thank you CFI

Mehreen Arsal

Thank u CFI for the course. I have learned a lot and it definitely cleared my all the concepts and will enroll in other courses as well . I hope the other courses are also covered all the things and concepts which a student is looking for.

Priya Taneja

The Course content is explained in a very simple language and it has really made my concepts clear. Must go for this course if you want a good knowledge about basic financial statements.

Saiyam Hota

Quite an informative and fruitful course. I would definitely recommend this course to all finance enthusiasts! Every financial statement has a story to tell.

Noura Alsugaih

it gives you the basic understanding about the reading financial statements: - income statement - balance sheet - Cash flow statement

Kavya Krishna Murthy

The course was very easy to understand and thorough. The interactive exercises helped alot to understand the fundamentals

Korey Cook

As I am running through this course, it is really easy to understand and video work rather than reading makes things so much easier to digest.

Ansar CP

The course trying to deliver their best to a student in a simple way. especially for a beginner. It is recommended if you could add more area of Income statement, it would be more grateful. Thank you;

Ahmed Mohamed Ahmed Abolfotoh Ramadan

This course is impressive for a couple of reasons: the materials are well prepared, the quality of videos is great and the instructor voice is clear and has a simple way of delivering the information.

Gaye-Leon Williams

I did the course in about 3 hours. It was easy to follow through and very practical. I would highly recommend it to anyone interested in learning more about finance and or investments/investing.

OMOLARA ADEWOLE

This is a course i will recommend for a financial accountant as a refresher training. So engaging and well-packaged analysis .

Romaric Christian Tuwindpulongo Yougbaré

Very interesting and intuitive course which will really help in the future ! Thank you so much

Alvin k. Johnson

Well, I am indeed overwhelmed by what i was thought in this course. I am an accountant but what I have learned during this course was so wonderful. I can boost of analyzing financial statements given to me . This course has made men more prepared for my CPA Exams.

Shiela Anne Gaerlan

This is my second time finishing a course here and all I can say is that CFI really helped me to understand a lot of things related to Accounting. I am very much happy knowing that I will be taking ABM as my SHS strand. All of my learnings in here will serve as a guide as I pave my way through Accountancy. Thank you for the free courses, CFI:)

Aditi Bhadani

Everything is good but the problem is that when giving exams we dont get to know which answer is correct and which is not which takes a lot of time.

Vicky Shah

it is a good course to learn and read the financial statements like Balance sheet, Income Statement and Cash flow statement. it also helps us to know the various content of financials statement like contingencies, commitments, accured liability , deferred Income tax Payable etc.

Ronaldo Taylor

This course provides sufficient introductory insight into any existing or budding finance professional at all levels.

gangesh kumar

I have learnd all about how to read financial statement. And now i am very confident about this. This learning is very useful for me. And the way you teach is very good. All the videos and text notes are very well explained. Test between study is very useful to check what you have learned. Videos are not too long neither too short. I am very satisfied after completing this course. You can also get certificate after course completion after giving test, that too will be not so hard. Thank you.

Nikhil Deshmukh

This course is excellent, informative, engaging and interactive. Basics of Financial Statements are covered in detail.

Annalize Swartz

This course was very informative and designed in such a way that it is easy to grasp. I love all the practical examples and videos. The interactive assessments are useful in testing one's knowledge of the materials. Thank you!

Rutuja Zagade

Very nice course. This course gives basic information about financial statements which is helpful to understand in detail about financial statements

Omoshewa Adebisi

I learnt three key financial statement which are profit & loss account, statement of financial position &statement of cash flow. I have always wanted to know difference between accounting income and taxable income which I have learnt from this course.

Souhityo Gupta

This is my first course with CFI and this course is bodacious. I personally feel that I have invested a valuable time by selecting this course. All the topics are widely covered and understandable as the topics are clearly itemized with important key words.

Mahima Sonalkar

This course is amazing for the ones who needed to learn more about the Company's performance and Financial Statement analysis. I will definitely recommend this to give it a try.

Abdur Rahman Muhammad

The CFI team has designed this course for public with efforts. The learning is so easy. There is no word like perfect to me. According to me, after having the full course you will be able to read and understand the financial statements. Moreover, any accountant can easily work with the financial statements but without analysis course this you may not be able to understand the financials. This course clears much about the financial statements. Once again thanks to the entire team.

ADEBAYO YINKA ADEYIGA

Am at happy moment adding value to myself in the field of finance becuade all the aspect I didn't known was been explained in this course and I was able to have a clear understanding of them all including the one I am not aware of. It is a good moment attempting this course

Annalita Tandog

The course on reading financial statements feels like I am taking a refresher course in Accounting. It discusses about the basics of Financial Statements while giving an in depth understanding of an actual annual report and F/S. It has satisfactorily targeted the topics that are mostly critical and valuable in a real business situation. I am already excited to move on to my next course.

Nitin Kashyap

Indeed this course meant for those who are in the business of financial analysis and statement. I pleased to mention here that I will become more stronger and better after having this fabulous session from CFI. Love to enroll more in practice session Thank you so much CFI... Keep Rocking

Amrita Sinha

I consider it an innovative and creative way of delivering knowledge. The slides were very informative and interesting. Fundamentals were very clear and understandable. These fundamentals are important to know being a finance student.

Bashiru Olatunde Ligali

Excellent! the course touches all key aspects required to understand and analyze a financial report in a brief and engaging manner.

Ami Htike

Thank you very much for the sweet and short course for all fundenmendals. Learning this was fun to refreshing the basic accountings knowledge.

Mohit Summy

The course is essential for being a good and perfectionist in Financial Analyst , So going with it and keep remember that your honesty and potential with these courses help you to made a good financial analyst definitely.

FELIX OMOSEBI

I attained great understanding of the course through the materials and instructor. This learning platform is awesome.

Pallavi Chikkanna

The course contents are tailored with fundamentals that are MUST before reading the financial statements. Annual report used during the course, was really helpful bridging straight with real-time contents and course contents. Thanks, CFI.

Zeeshan Muhammad Aslam

Absolutely worthy, comprehensive and beneficial course. I would suggest and recommend all finance professionals should get this certification.

Md Aariz Jamal

It's a great course to build basics of Account and make sure you are able to read and interpret financial statements.

Raju Ramadhar Mishra

This course is awsome to understand all aspects of financial statements. It clears all concept and help to understand the subject matter.

ASIF YAKOOB

Strongly recommended to everyone doing the course. its such an excellent refresher, enjoyed doing it. very precise and informative. thumps up

Tanishk Sharma

This course must be completed by everyone who's done the Accounting Fundamentals course. It's the perfect refresher course for in-depth learning into the financial statements of a company.

Reema Almukhlifi

I have refreshed my memory on the basics of accounting and been introduced to new components and information that helped me to understand the financial statements better. However, some of the case studies questions were not cleared and needed more explanation which i could not ask for. Otherwise, it is a great course I highly recommend it.

Winnie Ngomba

Introduction to reading Financial Statements covers all the basics and is quite informative. Personally, it was an ideal refresher course for me with excellent visualization and summary content.

Bommanin Franck Aristide Gnonteme

i really had a great time studying this topic with CFI. The course objectives, notes and exercises where very engaging, interesting and passionating. thanks to this course and the good explanations from the lecturer I understand better what it means to actually read financial statements and I can easily read them now. Thanks, CFI. I look forward to taking more courses with you.

Saif Ansari

I am fortunate to attend such informative and knowledgeable course provided by CFI it help to understand Financial statement of any Company very well and analyse deeply. Thanks

Dzhonsulton Kargasova

Beginners' Guide to Financial Statement. This course will help you to read Balance Sheets, Income Statements, Cash Flow Statements in a small period of time. Very informative and great way to use you time for your own benefit.

Manchester Macgyver

Amazing content, it was totally worth my time and a little refresher wouldn't hurt. I will strongly recommend this to anyone who has no, to a little knowledge on accounting and finance.

Rajeev Chowdhry

A very helpful and informative course that give a high level overview of the complex financial statements issued by major listed companies. It covers all the fundamentals required to read financials and also very good tests to help understand how and where to look for information on Annual Reports which include the Financial Statements.

ABDULLAH .

I am really satisfied with this course. the topics were covered in full detail and were really interactive and informative. i would recommend everyone to take this course.

POOJA SINGH

This is a very informative course. Help me to enrich my knowledge. one should do this course who belongs to finance backgroung.

Maria Elkess Youssef Elhomy

this course is very efficiently and helpful, I want to thanks all team members who prepared this course

TEHETENA ABEBE

Its after this course that I really took the time and the knowledge to read my Company's Annual Financial Reports to my satisfaction.

Maximilian Seibel

So far, I have only done the prerequirements for the FMVA course. They are all very well-explained and provide a lot of insightful information in the topics a financial analyst should know. I am looking froward to dive deeper into the more advanced and elective courses.

Jorge Da Silva

Having a basic knowledge gives you a good grasp of the content and gives more insights of how financial statements work.

Ashwini V

A course designed to give an overview of the components in a financial statements for beginners. The exercises attached is useful

Shah afzal Raza

awsome corse for those who wants to know about financial statement and how to read ' and also i am giving 5 stats of this course

Megersa Hirpha

I would like thanks more, because i can get more knowledge and skills from your training and also i says thank very much

Ricardo Samatelo Fernandez

This was my first free virtual financial course, and even than the concepts were well known for me, the methodology and sequence made me feel comfortable and involved from the beginning until the end; the examples and explanations well chosen.

Olivia Li

This course provides an easy way of explaining what financial statements are consist of and the detailed items that can be included. Both videos and exercises are quick and interactive.

Lakshmiraj Muniraj

I was very much happy to start the course as I had got to learn many things from other courses from the Bundle. once after I started the course I was very much disappointed, the first reason being the instructor is very fast, where had to play the video 'n' number of times to listen and understand. second of all the course content, materials could have been much better. I have rated 2 stars for the effort, but not happy with the overall content. though it is not must try for FMVA professional, but I assume one must know to read the financial statements no matter what.

Jim Howard

I got a lot out of the course. My only criticism is that when I took the course the second time the segments advanced without my selecting them as I was working my way through the module. Is there a way to take the courses multiple times without having to change the check box for each segment to to reflect that it hasn't been taken?

Leena Palav

The text slide disappears too quickly once the audio is completed. There is no time to read and absorb. It can stay until the reader presses next. There is no value to keep going back to the screen with the list of the 60 different videos per chapter in order to press Next. The whole chapter can be just one sequence. Also your software does not work with Microsoft Edge

Nam Nguyen

Overall a very good pre-requisite and foundation course, however sections such as Deferred tax income could've been explained more thoroughly in terms of material flow and clear distinction between time/temporary difference and permanent difference to enhance comprehensibility.

Elaine Tor

Can't seem to link the answers properly. Got it right however due to system error, can't detect the puzzle to the correct answer.

WEALTH FRANCIS EFFIONG

During my MBA program, certain aspects were not clearly understood, which gave me less confidence & after much research, I came across CFI and I sincerely commend the Institute for coming up with a well defined method to reading and understanding the financial statements. The course content is outstanding and thoroughly planned with unique explanations and tests. The platform is easy to use & navigate, which makes learning interesting. My confidence has greatly increased in this areas and all thanks to Corporate Finance Institute. I recommend CFI to anyone who wants to build a career in finance. Great job CFI.

Anjoo Navalkar

A most recommended course on significance of Financial statements in a nutshell for non-finance professionals. Wonderful exercises and expalnation of key concepts.

Bello, Olalekan Asodiq

This course has been an amazing and inspiring course to me because it has tremendously added value to my knowledge and make me gain confidence as regards reading, preparation and presentation of financial statements.

AIDA SHEROLLI

The course was very useful for me. It is well organized and gives u a lot of information regarding the financial statements.

Rizwan Karim

I would to thanks team CFI for providing such a great platform for Finance professionals to grow and take the next career step. I am very much satisfied with CFI's efforts.

Andriette le Grange

This course guides you where to look for information and how information can be used to make various decisions.

Dr. Melina Reisenberg

I don't have a finance background, however work in a position requiring financial knowledge. I hoped this course would help me to really get my head around the ins and outs of financial statements...ant it simply hasn't. It gives an ok overview and can be seen as a starting point.

Marco Pelser

Very well layed out. Of course, when doing accounting the expense accounts for large companies can often be quite intricate. Having this understanding is so crucial to grasping how direct and indirect costs are allocated. There are so many things to note, and the basics are important. This course definitely takes the cake of all previous courses I've painfully endured. It's true that I have a lot of accounting working experience, but still believe that doing courses like these help refresh the mind and would be highly beneficial to anyone wanting a real-world understanding. Well done! It was simply great fun, and not without challenge, which is what I like. It requires work, and all adds up as you progress.

John Adair

Finally, I understand the different parts of the 3 Key financial statements, and the notes of a company's financial report. Thank you. I highly recommend this course.

Jose Hernandez

It's extremely annoying that every bit is divided into 1-2 minute videos when they could be combined into a single one to cover related topics

Natasha Gunn

Really enjoying the course. Information is presented in a clear and logical way. Resources are of high quality. Thanks for making this!

wilfred agyei

The course content is great. However, the instructor was speeding which makes it difficult to follow through. The speed 0.5x is extremely slow while that of 1x is also really fast. Therefore I suggest you include a speed of 0.75x as well. Thanks

Tushar Dev

I really appreciate to team CFI for making this course. I acquired so much of knowledge regarding Balance sheet and other financial statements. Thank you so much.

Aaron Christian

Very good course. Please cover annual report a bit more in detail if possible. The financial statements were explained very well. Thank You

Ankita Shirodkar

I have started with this course as I believe this would help in adding value to my resume. The course is very simplified and the inclusion of exercises helps a lot. Thank you

Hart Chukwuemeka

The course was well presented and very explanatory, I will recommend that every student studying Accounting to take this course

Brenden K

Excellent 2-3 hour crash course over the basics of financial statements that companies issue and how to understand and interpret them. Well worth going over the material for a refresher on foundational material related to the financial analyst or business analyst job title. Does an excellent job at reviewing the annual report and what it includes.

Kareem Salawudeen

it is key to understand that there are other information aside financial statements that helps in a full analysis of a company's performance

Leon Petersen

Course was good, but assessment coursed confusion, for example unearned revenue can also be a non-current liability, particularly when projects/contracts are multi-year and/or when projects are delayed even though cash was received up front. The question was too vague and I thought there were 2 correct answers.

Diego Ríos Herrerías

I searched everywhere for the "Espresso's Annual Results Letter"; however, it didn't come as an attached file in the exercise nor it appeared in the Downloadable Files section for the current lesson.

ALOK KUMAR PANDEY

COURSE IS BEAUTIFULLY DESIGNED AND USER INTERFACE IS VERY EASY. GREAT JOB DONE BY THE CFI TEAM. FOUND THIS COURSE VERY USEFUL AND PRACTICAL. ONE MUST GO THROUGH THE COURSE IF INTERESTED IN A COMPANY FINANCE SYSTEM. THANK YOU

Anne St. Clair

After having "Accounting Fundamentals", which was incredibly thorough and informative, this course is a real let-down. The slides from the presentation don't match the pdf-slides from the downloads and a lot of the explanations provided are insufficient. For example, the difference between authorized versus outstanding shares is written confusingly - on the slides it says that "Authorized shares are the total number of all shares that a company has to sell". What is meant by "has to sell"? Are businesses required to sell a certain amount? Looking this up on Google seems to provide a better explanation for this particular question, where multiple pages specify that Authorized Stock/Shares are the max number of shares that a business is legally ALLOWED to issue, not "has to" issue. The presentation of this class/course should be reviewed and adding a few more sentences onto the slides will help learners make sense of the material even after this class.

Shafici Abdullahi Hirsi

I'm happy to be apart of this amazing course. I just wanna say thank you guys for giving us this amazing opportunity. Now I understand how to read financial statements.

Paul D Stewart

Very high level introduction to Financial statements in US GAAP. Most of context is transferrable to IFRS international standards as the framework is very high level.

Nishitha Vemuri

This course helped me to quickly brush up my knowledge on Financial statements. It would have been more useful if the explanation is related to schedule III statements.

OM PARKASH UPADHAYAY

This online course is very inspiration for professional who are in remote areas. it provide us very familiar refreshment knowledge for certification.

ngoni simon maiwasha

The course was so educative. It is more than a bachelor's degree covered within a short period of time. The lecturers explained the concepts clearly. The course material is related the course. Your course is excellent. My understanding of financial statements improved greatly.

Tumwine Micheal

CFI you really doing a great service because your videos are so precious to the point and really understood the necessary information that was disturbing in really life

ibrahim abdirahman

This course has opened my eyes and i would to like to further my knowledge on accounting and finance to the next level with corporate finance institute. And let me say to corporate finance institute thank you. However, my rate to this course is very satisfying.

Danna Hunter

This course has open up my eyes in reading financial statements. It gave me a more advanced idea of what belongs within the THREE top financial statements. Thanks CFI!!!!

Dave Runyan

I thought this was a reasonably good overview of Financial Statements and material to understand an Annual Report. The youtube portion was, I thought, was thoughtfully and succinctly put together.

Omotayo Habeeb

The course is really an eye-opener, educative and very interesting. I really gained and learned a lot. Thanks to the CFI team for this great opportunity to refresh my brain!!!!!

Fernando Marquez

I liked the course. It is essential for Financial Annalists. I would add some more exercises to strengthen the most challenging concepts to make sure the basic is really solid to move forward. Thanks for the chance to access to such a good experience.

Severin Haemmerl

Great overview and nice examples using real-world financial statements. Only the solutions of the exercises could be explained in more detail.

Javed Ahmed

I really appreciate the work your team has done. The way of teaching is perfect and understandable to a prudent minded person. Stay blessed the team of CFI. Profound Regards, Javed Ahmed

Alexander Korkor

It is very necessary to read Financial Statements. Financial Statement help managers make good decisions for a business/corporate institution, the stipulate the flow of cash, the value of assets, business income, and the development aspects of a corporation/business entity. Financial Statement reading is also advised for a manager as to how to run day-to-day expenditures and how to minimize losses and increase the owner's capital.

Teka Derick Tikum

This course brings you familiar with finance and accountIng terms and transactions in Financial Statements and how to interpret them. Was of great help during my studies. Thanks CFI

Prem Shrestha

The course is quite simple. It is very useful for beginners. In reality, we have to deal with much more complicated financial statements. It could be useful for practicing individuals to have complicated examples as well.

Przemyslaw Janus

If possible there could be a reference to the statement of changes in equity (as part of FS) and perhaps a short note on IFRS / US GAAP and main differences in treatment.

Richard Hastings

Cuts to the meat of the matter, and expresses financial statements in logical and sensible formats. Understands need for not going in to too much detail.

Swan Aung

Reading Financial Statements is very useful for those who are working in both the banking industry and business sectors.

Chris Wang

This course is a great overview of the basics and is easy to follow. It was well paced , although I repeated several of the chapters which was easy thanks to the good interface. All in all a very solid course.

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FMVA® Financial Analyst Certification

Become a Financial Modeling and Valuation Analyst (FMVA)® by completing all required courses in accounting, finance, modeling, Excel, presentations, and strategy. From beginner to advanced courses you will have the complete training you need to become a world-class financial analyst.