A wealth of information is available to you if you know how to read financial documents. Being able to glean information from an income statement, a cash flow statement, or a balance sheet can give you an edge in understanding not only your own business but also your competition. In this course, Rudolph Rosenberg, a finance expert, takes you through the steps of making sense of what is contained in financial reports and how to read them. You'll also learn how they fit together to give you a view of a company's situation.
Topics include:
What is a financial statement?
Reading the balance sheet
Understanding depreciation, liabilities, and equity
Reading the income statement
Understanding revenue, costs, profitability, and net income
How cash flow works
Analyzing financial documents with context
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