How to Read a Financial Statement

Lesson 1
After completing this course, you'll be able to:

Identify and describe the documents and financial statements included in an organization's financial report
Itemize and interpret the information in the income statement, balance sheet, statement of changes in shareholders' equity, and statement of cash flows
Correctly state the impact of specific business activities on cash flow
Define financial (ratio) analysis and explain its objectives and limitations
Identify the various types and categories of financial ratios
Perform calculations using financial ratios