Reading and Understanding Financial Statements

Unlock the power of financial insights with our "Reading and Understanding Financial Statements" eLearning course! Designed for business owners and retail managers, this course offers an engaging and interactive experience to master the essentials of financial statements. Learn how to read and interpret balance sheets, income statements, and cash flow statements with real-world scenarios and practical examples. Enhance your financial literacy and make informed decisions to drive your business forward. 

Remember, at Xpresso Learning, there are no seat costs or subscriptions. Just upload it to your LMS and assign it to as many learners as you like.

Course Outline:

Introduction to Financial Statements

• Understanding the importance of financial statements
• Self-Reflection Exercise

Understanding the Balance Sheet

• Components of a balance sheet
• Assets, liabilities, and equity explained
• Analyzing balance sheets with real-world examples

Understanding the Income Statement

• Understanding revenues, expenses, and net income
• How to read and interpret income statements
• Real-world scenarios for income statement analysis

Understanding the Cash Flow Statement

• Importance of cash flow in business
• Components of a cash flow statement: operating, investing, and financing activities
• Practical exercises on cash flow analysis

Key Financial Ratios

• Key financial ratios: liquidity, profitability, and solvency
• How to calculate and interpret financial ratios
• Using ratios for business decision-making

Common Financial Mistakes to Avoid

• Case studies and practical exercises
• Applying financial knowledge to real business situations
• Interactive activities for hands-on learning

Using Financial Statements for Decision Making

• Learn how to use financial statements effectively
• Scenarios to practice knowledge learned

Final Knowledge Test

• Comprehensive 8-question quiz covering all modules

Did you want this course customized? contact us.

Zip Package Includes:

• SCORM 1.2 Zip Package
• Badge
• PDF Certificate

	Time: 10min
	Version: 1.0 (2024)
	Accessible: AODA/WCAG (AA) Section 508
	File Format: SCORM 1.2
	Audio: Yes
	Video: Yes
	Closed Captioning: Yes
	Languages: ENG (Canadian)