| Understanding Financial statements |
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Course Description
Day-to-day operations take up most of your time and energy, and you know you can't ignore the financial statements. You probably need some guidance in reading and making sense of them. Financial statements are important because they speak in a nutshell about the financial affairs of a business organization.
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 Financial Statements – A. Preview
- This course gives an introduction to Financial Statements prepared by a business entity. It helps the user understand:
- What Financial Statements are?
- Importance of Financial Statements
- Various users of Financial Statements and how do they use them.
Introduction to Financial Statements Analysis
- Objectives
- Components and format of Income Statement
- Revenue Recognition
- Expense Recognition
- Nonrecurring items and Nonoperating items
- Earnings Per Share
- Common- Size Analysis of Income Statement
Understanding the Balance Sheet
- Objectives
- Components and format of balance sheet
- Principle of Accrual and Balance Sheet Elements
- Classification and Valuation of Assets and Liabilities
- Off Balance Sheet Disclosure
- Classification and Accounting of Financial Instruments
- Components of Owner’s Equity
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Fundamentals of Financial Statements
- Basic Accounting Principles- Concepts & Conventions that underlie financial statements
- Accounting Equation- a tool to understand why a balance sheet tallies
- Presentation of Financial Statements
- Interrelation between Income Statement and Balance Sheet
Understanding the Income Statement
- Objectives
- Components and format of Income Statement
- Revenue Recognition
- Expense Recognition
- Nonrecurring items and Nonoperating items
- Earnings Per Share
- Common- Size Analysis of Income Statement
Understanding the Cash Flow Statement
- Objectives
- Components and Format of the Cash Flow Statement
- Cash Flow Statement Analysis
- Summary
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Key Features
The Course is intended to familiarize you with the basic concepts, elements, form, necessity & the importance of financial statements.
Duration: 4 Months with 12 Months Access
Course Outcome
Dual Certification from Everonn and Towson University
Course Fee: Rs.7500 |
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