#BU-04-55 Understanding Financial Statements
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- Course level: All Levels
About Course
Coventry UniversityDescription
What is your financial statement trying to tell you?
Every business maintains financial records that help us to understand how well it’s doing. In this course, you’ll learn how to read them.
You’ll explore a range of financial statements – focusing on income statements, statements of financial position and cash flow statements. You’ll also investigate the different branches of accounting and learn to identify who else in the business uses this accounting information.
What do these statements contain? What do they reveal? Who makes use of them? This course will help you to answer these questions.
What topics will you cover?
- Introduction to accounting and its branches
- Identifying different users of accounting information and their requirements
- Overview of financial statements
- Introduction to income statement
- Introduction to statement of financial position
- Introduction to cash flow statement
Who will you learn with?
Winfred is a lecturer in Accounting at Coventry University. He presently teaches on various accounting modules and his research interests are in ownership structure developments in emerging markets.
Who developed the course?
Coventry secured gold in the UK Government’s 2017 Teaching Excellence Framework (TEF) and is University of the Year for Student Experience in The Times & The Sunday Times Good University Guide 2019.
What Will I Learn?
- Investigate the different branches of accounting
- Identify the main users of accounting information and their requirements
- Explain the purpose of financial statements (income statement, statement of financial position and cash flow statement)
- Explore items typically included in each of the financial statements and their meaning
- Interpret financial statements for decision-making purposes
Topics for this course
Introduction to accounting
What is accounting?
Who are the different users of accounting?
Branches of accounting
Financial statements
Income statement
I was looking for something which will help me to understand the companies quarterly results. This is exactly what I needed!
For a beginner like me. It has lot of value in better understanding financial statements.
The Language used can be more simplified so as to be easily understandable by non subject persons.
Its a great course to understand financial related various statement i.e. Balance sheet, cash flow statement etc.
Material Includes
- Official Certificate
Tags
Target Audience
- This course would suit anyone looking for additional basic accounting skills. These are skills that can help you make better decisions and advance in your career. It may be of particular interest to people in senior management and leadership roles, who lack an accounting background.
- Please note that the staff described in the ‘Who will you learn with?’ section below may be subject to change.