Financial Statement Fundamentals for Small Biz & Investors

How to Understand the 'Story' of Any Business at Any Time and Improve Your Biz or Investment Results for Real Outcomes.

Created by: Axel Tracy
BBus (UTS) GradCertFinPlan (Kaplan)

What Will I Learn?

• Use the financial statements to tell the story of a business
• Understand fundamental accounting theories that lie underneath the financial statements
• Assess the performance of a business through the Income Statement via revenue, expenses & profit
• Know the position or current financial state of a business by reading the Balance Sheet
• Analyse where business cash came from and where it went (and for what purpose) from navigating the Cash Flow Statement

Requirements

• Being able to use spreadsheet software, like Excel, isn't required but makes financial statement analysis much easier
• Having a good calculator is a great assistant for any proficient analyst

Target audience

• This course is an introductory 'fundamentals' course meant for those with little to no accounting or financial education or training
• Small business owners who want to make more use of, and get insights from, accounting information provided by their accountant or financial system should take this course
• Stock market investors who would like to analyse investments in more depth, using the financial statements, should take this course
• If you have accounting education or financial career experience then this course may NOT be best for you as it is a beginner's course (unless you want to undergo revision or follow an intellectual curiosity)