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Analyzing Financial Statements

These lessons will demonstrate how to apply historical data when analyzing financial statements. You will learn how reviewing past data on balance sheets or…
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Course: On-Demand
Intermediate Provider Anna Bull  5 Lessons ·  9m  in Arabic, German, English, Spanish, French, Portuguese, Chinese 

Course Description

These lessons will demonstrate how to apply historical data when analyzing financial statements. You will learn how reviewing past data on balance sheets or income statements can help you improve forecasts. This module will also explore the concept of cash flow and its role in financial analysis.

What You'll Learn

  • Identify which financial statements are used in forecasting
  • Analyze key historical financial statement data to improve forecasts
  • Review balance sheets covering assets, liabilities, and equity
  • Examine income statements to assess profit and loss
  • Understand cash flow and cash on hand in financial analysis
  • Apply pro forma statements to project toward the future

Key Takeaways

  • Historical data from balance sheets and income statements can be applied to improve financial forecasts.
  • Analyzing past financial statement data supports more informed forecasting.
  • Cash flow and cash on hand play a role in financial analysis.
  • Pro forma statements are used to look toward future financial performance.

Frequently Asked Questions

What does this course cover?

It demonstrates how to apply historical data when analyzing financial statements, including balance sheets, income statements, cash flow, and pro forma statements, and how reviewing past data can help improve forecasts.

What will I learn to do?

You will learn to identify which financial statements are used in forecasting and how to analyze key historical financial statement data.

Which financial statements are discussed in this course?

The lessons cover balance sheets (assets, liabilities, and equity), income statements (profit and loss), cash flow (cash on hand), and pro forma statements.

How does this course relate to forecasting?

It explains how reviewing past data on balance sheets or income statements can help you improve forecasts and which financial statements are used in forecasting.