Financial accounting is called the “language of business,” and for good reasons. An examination of a firm’s financial statements - which reflect the company’s performance - reveals a wealth of information about its history, current financial health, and future potential. This is why business leaders use accounting to communicate their organization’s financial information to potential investors, shareholders, lenders, and regulators. Financial accounting allows an organization’s leaders to make sound business decisions and helps investors better understand company value.
In this course, you will learn how to interpret and communicate financial statements so that you can speak confidently on indicators such as assets, liabilities, shareholders’ equity, and goodwill. This course will teach you how to interpret the three financial statements core to any business--the income statement, balance sheet, and statement of cash flows--and analyze how they reflect business decisions. By the end of this course, you will know how to use financial accounting as a strategic tool to understand and grow your business--and understand and outmaneuver your competitors.