Financial statements meant for owners and managers to take long term business decisions. Of course, lending institutions read the health of financial statements before they tend to lend funds to any organisation or to an individual. Investment decisions are taken by all the investors after analysing the financial condition of a company by reading the company’s financial statements.
A free course is offered which is useful to students, investment bank analysts and entrepreneurs. Once they complete this free course they can look forward to prepare financial statements of a sole trader, financial statements of banking companies, analyse the difference between sole trader and limited company financial statements and so on.
Financial statements are comprised of balance sheet, profit and loss account or income statement and cash flow statement. Analysis is one of the best methods to learn how a company is working. When you want to buy share of a company, you have to understand the financial position of the company you chose to buy. You can develop the skill of reading and understanding the financial statement through this free course.
A financial statement is also known as a financial report. It contains a balance sheet, income statement and cash flow statement. These statements are inter related to each other. But why one should prepare all these statements. Of course it is a silly question for people who are already in the line of accounting or working for companies as accountants and in higher positions. But for a student it is a new thing to learn and develop a skill to make his career in accounting. For students dealing with accounts can understand these concepts. And of course, any company, sole proprietor, individual, institution or an entity should know about these concepts ultimately to find their position in the market.
We can categorise the learners of these accounting skill as below:
Investment banking analysts
This is a free course. You have to just register and login to learn the free course. Once you are into, you can find many other courses, languages, programs, apps you like to learn online. You can find free and paid courses here.
The tutors are all well experienced professionals in their respective fields of teaching. You need to just fill in only your login details. You need not provide any information about your payment details like credit card or account details, unless you join for a paid course.
Online learning is the biggest advantage of joining this free course. That to at your convenient time and favorite location, you can listen to a comfortable lecture. Since it is a video creation, the lecture can be learned many a time, till you get into your mind.
Get very useful lectures at very low costs.
Financial statements are prepared for almost all institutions. for private firms or for that matter in every house. It means if you want to derive what is the expenditure and income and finally what is your saving for a particular period. You have to know about writing the statement in an order in a excel sheet. Provided if you are using a laptop, desktop or any mobile device which suits your needs.
Here is an opportunity to learn on how to write a financial statement. If you write one time, you can repeat the same every time. But if you can’t make it, you can never get your latest position of your income for a particular period. So I advise you to learn this course which is freely offered.
The features of this course can be:
The first thing you learn from this course is how to prepare an income statement and a balance sheet statement data to make a blue print of a financial report for a particular period.
Since it is a video course consisting of 4 classes, the first and foremost video class you learn about is accounting concepts. This is the base for any accounting statement. And you will learn on how to relate the financial statements one another.
The next video explains about the concepts, definitions and highlights the links that are essential between a balance sheet and income statement and cash flow statement. Unless you understand the relation between these terms, the financial statement will have no meaning at all.
Finally the essential part in this free course is the circular references and broken statements which are very essential for future preparation of financial statements. This is the final chapter where you’ll get the information about how these work, how to fix your model by focusing on the most common circular reference errors found in financial models.
This course is more useful for students, investment banking analysts and all kinds of entrepreneurs.