Learn How to Read (and Analyze) Financial Statements

Online Self-Paced Course

Financial statements can look intimidating and, as a non-financial manager, you may feel like ascertaining the right conclusion from a financial statement is like finding a needle in a haystack. This course covers financial reports and their meaning. You will learn the fundamentals and importance of the income statement, balance sheet, and statement of cash flows, and how they can be used to manage a business. You will also be exposed to financial (ratio) analysis.

After completing this course, you will be able to:

  • Identify and describe the documents and financial statements included in an organization's financial report
  • Itemize and interpret the information in the income statement, balance sheet, statement of changes in shareholders' equity, and statement of cash flows
  • Correctly state the impact of specific business activities on cash flow
  • Define financial (ratio) analysis and explain its objectives and limitations
  • Identify the various types and categories of financial ratios
  • Perform calculations using financial ratios

Important Notes

  • 97% Rating
  • Estimated time to complete: 3 hours
  • This course includes an “Ask the Expert” feature. You can use this feature to submit questions about course content. A subject matter expert will provide guidance or point you to additional resources for the topics you’re studying. Questions are answered as quickly as possible and usually within 24 hours.
  • Learners must achieve an average test score of at least 70% to meet the minimum successful completion requirement and qualify to receive IACET CEUs.

Credits:

PMI PDUs: 3 (Business Acumen PDUs: 2, Ways of Working PDUs: 1)

IACET CEUs: 0.3 (Contact Hours: 3 hours)

HRCI Credits: 3 (Type: Specified - Strategic Business)

SHRM PDCs: 3

Key Features

  1. Mobile-friendly
  2. Audio-enabled
  3. Badge and credit-awarding
  4. Real-world case studies
  5. Fully accessible
  6. Games & Flashcards
  7. Expert-supported
  8. Video content

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