- 51 Videos
- 3 Quizzes
- 2 Downloads
- 2.0 hrs
Learn how to read financial statements. In this 2-part course, we use a public company's financial statements and annual report to understand the financial strength of a company and help us to make informed decisions.
Part 1 - Understanding the balance sheet
In this first module, we learn how to read the balance sheet and the related notes to Microsoft's 2010 financial statements to understand the financial strength of a company and help us make informed decisions. By the end of this module, you will have a solid understanding of the specific accounts of a typical balance sheet and related notes to the financial statements.
- Navigate successfully through the notes to the financial statements.
- How to read and interpret the various items in a published balance sheet.
- Understand complex balance sheet concepts (e.g. deferred taxes, goodwill, investments, etc.)
Part 2 - Understanding the income statement and cash flow
In this second module, we continue reading Microsoft’s 2010 financial statements through to the 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 in its entirety.
- Understand the different ways to present an income statements and cash flow statement.
- How to read and interpret the various items in a published income statement.
- Identify the operating, financing, and investing activities of a company.
- Determine what's contained in an annual report and where to find it.
This course is highly interactive with a wide range of applied exercises and case studies. Sophisticated search and navigation tools allow you to go at your own pace while pop quizzes test what you’ve just learnt. The course also includes two PDF reference guides – an accounting factsheet and a financial statements glossary - that can be used while taking the course and downloaded to your computer for future reference.
Lisa is Managing Director at MDA Training and head of the global accounting learning practice. Lisa has designed and delivered courses in financial accounting and analysis, risk and controls, capital investment appraisal, budgeting and financial management to a wide range of organizations including Huntsman Chemicals, Zurich Insurance, Deutsche Bank, ATB Financial, BC Ferries and ICBC as well as for the Chartered Professional Accountants across Western Canada and Bermuda.
Lisa earned a Bachelor of Arts degree from the University of Manitoba, and then moved on to become a Chartered Accountant. She is also have a U.S. Certified Public Accountant designation. In addition to her professional designations, she is a Certified Internal Auditor, Certified Risk Management Assurance professional and accredited by the Institute of Internal Auditors to conduct quality assessments/validations.
Specialties: Enterprise risk management framework implementations; Workshop facilitation and corporate training in the areas of business and finance strategy, risk management and governance.