Interpreting financial statements

Interpreting financial statements, available at Free, has an average rating of 4.2, with 54 lectures, 7 quizzes, based on 574 reviews, and has 12324 subscribers.

You will learn about Interpret financial statements – balance sheet, income statement, cash flows statement Prepare cash flows statement for any given company Prepare and interpret 25 world-wide known financial ratios Evaluate the financial health of a company Get acquainted with must know finance matters – valuation, mergers and acquisitions, etc This course is ideal for individuals who are Best suited for beginners and experienced individuals with an interest and minimal knowledge in finance It is particularly useful for Best suited for beginners and experienced individuals with an interest and minimal knowledge in finance.

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Summary

Title: Interpreting financial statements

Price: Free

Average Rating: 4.2

Number of Lectures: 54

Number of Quizzes: 7

Number of Published Lectures: 50

Number of Published Quizzes: 6

Number of Curriculum Items: 61

Number of Published Curriculum Objects: 56

Original Price: Free

Quality Status: approved

Status: Live

What You Will Learn

Interpret financial statements – balance sheet, income statement, cash flows statement

Prepare cash flows statement for any given company

Prepare and interpret 25 world-wide known financial ratios

Evaluate the financial health of a company

Get acquainted with must know finance matters – valuation, mergers and acquisitions, etc

Who Should Attend

Best suited for beginners and experienced individuals with an interest and minimal knowledge in finance

Target Audiences

Best suited for beginners and experienced individuals with an interest and minimal knowledge in finance

This new course starts from the grounds of financial statements and show how they are obtained in the first place. Then it expands on the three main financial statements: balance sheet, income statement and cash flows, by showing their advantages and disadvantages, what they tell and what they hide from the viewer, how they differ from each other and how they are linked. We will focus a lot on the cash implications of financial statements, and by the end of this course we will be able to use cash flows to evaluate the health of a company and we will be able to understand, prepare and analyze “most wanted” financial ratios. Moreover, we will grasp what you need to know on adjacent subjects like weighted average cost of capital, valuation methods, mergers and acquisitions, currency translation and others. Every topic is presented from an industry best practice perspective and is accompanied by a final quiz to test your progress. Besides using small study cases that illustrate particular areas, we will be accompanied throughout the course by a four year period financial data of a study company, for which we will recreate and interpret together the cash flow statements and ratios for three years. It shall be optional, however advisable, that you will continue our endeavor and derive the cash flows statement and ratios, together with their interpretation, for the last year of the analysis. No worries, I will provide permanent assistance should you need additional help to finalize the homework.

If you’re a finance student, an entrepreneur or a finance professional willing to expand on financial statements knowledge, this course if for you, as you will find a lot of new or untold information, perfectly structured and covering all hot topics. If you’re rather new to finance matters, this course if perfect to build a solid knowledge, however you should be at least familiarized with the finance jargon. However, even if you did not experienced financial statements before, the course content does not leave you with missing pieces for the financial statements puzzle. Basic mathematical skills are a prerequisite and you will also need access to a computer with installed Microsoft Excel and basic Excel skills to finalize the analysis.

This course consists of videos lectures and shall require more than three hours of your time, with estimations for the homework analysis to account for another three hours.

I am assured that after taking this course, you will be confident in analyzing financial statements and be able anytime to prepare and interpret the cash flow statement and the financial status for any given company.

Let’s get started!

Course Curriculum

Chapter 1: About the course

Lecture 1: Course outline and goals

Chapter 2: Introduction to accounting

Lecture 1: Debit=Credit formula

Lecture 2: Balance sheet formula (Assets = Liabilities + Equity)

Lecture 3: Accounts and trial balance

Lecture 4: Case study: Preparation of financial statements

Lecture 5: More on preparation of financial statements

Chapter 3: Balance sheet

Lecture 1: Introduction to balance sheet

Lecture 2: Assets

Lecture 3: Liabilities

Lecture 4: Equity

Lecture 5: Weighted average cost of capital

Lecture 6: Book value versus market value

Chapter 4: Income statement

Lecture 1: Overview of income statement

Lecture 2: Adjusted EBITDA

Lecture 3: Common-size and horizontal analysis

Chapter 5: Cash flows statement

Lecture 1: Introduction to cash flows

Lecture 2: Cash flows compared to income statement

Lecture 3: Direct versus indirect method for preparing operating cash flows

Lecture 4: Direct versus indirect method – case study

Lecture 5: Cash flows from operating activities

Lecture 6: Importance of operating cash flows

Lecture 7: Cash flows from investing activities

Lecture 8: Cash flows from financing activities

Lecture 9: Reconciliation with cash and cash equivalents in the balance sheet

Lecture 10: The benefits of the cash flows statement

Lecture 11: Cash flows and the financial health of a company

Lecture 12: Relationship between the three lines of cash flows

Lecture 13: Introduction to free cash flows

Lecture 14: Computation of free cash flows

Lecture 15: The drawbacks of the cash flows statement

Chapter 6: Financial ratios

Lecture 1: Introduction to financial ratios analysis

Lecture 2: Types of financial ratios

Lecture 3: Relative comparison of ratios

Lecture 4: Quality of income ratios

Lecture 5: Liquidity ratios

Lecture 6: Working capital ratios

Lecture 7: Operating cycle

Lecture 8: Turnover ratios

Lecture 9: Profitability ratios

Lecture 10: Return ratios

Lecture 11: Leverage (debt) ratios

Lecture 12: Cash flows ratios

Chapter 7: Other financial matters

Lecture 1: Summary of valuation techniques

Chapter 8: Case study – Preparing cash flows

Lecture 1: Preparing operating cash flows

Lecture 2: Preparing investing cash flows

Lecture 3: Preparing financing cash flows

Lecture 4: Complete cash flows picture

Lecture 5: Cash flows bridge chart

Lecture 6: Homework

Lecture 7: Thank you note

Instructors

Gabriel D.
Finance Expert

Rating Distribution

1 stars: 24 votes

2 stars: 37 votes

3 stars: 140 votes

4 stars: 192 votes

5 stars: 181 votes

Frequently Asked Questions

How long do I have access to the course materials?

You can view and review the lecture materials indefinitely, like an on-demand channel.

Can I take my courses with me wherever I go?

Definitely! If you have an internet connection, courses on Udemy are available on any device at any time. If you don’t have an internet connection, some instructors also let their students download course lectures. That’s up to the instructor though, so make sure you get on their good side!