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.)
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.
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.
What You'll Learn
Path to Certification
5 courses from beginner to intermediate level.01Optional
10 courses from beginner to intermediate level.02Required
Take 3 out of 9 courses at an advanced level.03Required
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
What Our Students Say
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.
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.
It was a worth investment to brush up my basic financial knowledge with this course for the upcoming FMVA course of FCI.
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.
Frequently Asked Questions
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.