How to read and understand Income Statement and Cash Flow Statement?
What you will learn
Overview of Income Statement
Overview of Cash Flow Statement
Connections between Income Statement and Balance Sheet
Connections between Income Statement, Balance Sheet, and Cash Flow Statement
Description
Financial Statements – 101 | High Level Overview
In case you always wished to understand the financial statements but could not comprehend either due to complexity of the topic or lack of time at your end, you have come to the right place.
After undergoing this course, you will be skilled to grasp the big picture about financial statements in least amount of time. You are enabled by topics that cover the following elements:
· Overview of Balance Sheet – Synopsis, High Level Building Blocks, Key Items
· Overview of Income Statement – Synopsis, High Level Building Blocks, Low Level Building Blocks, and Benchmark Ratios
· Overview of Statement of Cash Flow – Synopsis, High Level Building Blocks, and Low Level Building Blocks
· Calculation of Net Cash Flow from Operating Activities – Adjusting for Non-Cash Expenses, Non-Operating Income, Changes to both Current Assets and Current Liabilities
· Key Financial Tasks for a business manager – Monitor Assets and Liabilities, Earn reasonable Profit and Generate enough Cash from the Operations
In this course, the knowledge about Income statement and Cash flow statement is simplified and condensed. I trust that it helps you to have a better view on this topic after going through this course.
Target Audience – Equity Investor, Business Analyst, Business Manager, Business Owner, and Any curious mind
Let’s start.
Content
Introduction
Balance Sheet
Income Statement
Statement of Cash Flow
Define Net CFFO
Connections between IS and BS
Connections between Balance Sheet and Statement Cash Flow
Conclusion