Gain the knowledge and tools needed to effectively analyze and interpret financial statements.
Learn the basic terms and concepts that form the foundation of financial reporting and analysis.
Beginner • 1 hour
Structuring a Business
Ownership and Control in Corporations
Discover the first major financial statement—the income statement—and its core equation: revenues – expenses = net profit.
Beginner • 1.5 hours
Expand your knowledge of the income statement with two important subtotals: operating profit and gross profit.
Beginner • 2 hours
Common vs. Preferred Stock
Earnings, Dividends, and Stock Prices
Learn to differentiate between fixed and variable costs and how to calculate when a company will hit its break-even point.
Bonds and Leverage
Learn about the accrual basis and why it does a better job of reflecting economic reality than the cash basis.
Beginner • 2.5 hours
Learn about the second major financial statement, the balance sheet, as well as what defines an asset and how they're accounted for.
Capital Market Players
Learn the key concepts and classifications of noncurrent assets, including their role in financial reporting and long-term business value.
How Corporations Are Governed
The Time Value of Money
Learn about the second half of the balance sheet—liabilities and equity—and how these accounts are used to finance a company's assets.
Valuing Long-Term Cash Flows
Learn about the fundamental building blocks of a company's financial accounting system: debits and credits.
Learn two important concepts that will allow you to assess a company's financial health: leverage and liquidity.
How Corporations Evaluate Investments
Add more ratios to your toolkit that will allow you to measure performance and drive results.
Valuing Stocks Based on Cash Flows
Learn about the third major financial statement, the statement of cash flows, and how it connects the income statement to the balance sheet.