How to Read Financial Statements

Course details

This How to Read Financial Statements training will introduce the student and/or entrepreneur to the meaning behind the terms and descriptions included in the financial statements for small business entities. The author, John Whiteley, CPA has taken a practical approach to explaining the objective and content of the financial statements, based on his 25 years, plus, experience serving small business clients in all types of industries.

The busy entrepreneur will be able to quickly complete the course as well as find answers to specific questions about a financial statement.

The course contains 66 brief individual lectures which are grouped into eight different sections, including accounting definitions, income statement, retained earnings, cash flow, accountant's year end services, third party interests and financial indicators. The course expands on the areas of interest by the different third parties, including entrepreneurs, business owners, lenders, IRS and investors.

Each of the major financial statements types, is examined as to its content and the significant information conveyed to the reader.

Upon completion of the course, the student should have a better understanding of the information provided by financial statements and will be able to arrive at a more informed decision as to the financial position and operating status of a small business corporation.