Course Highlights
  • Understand bookkeeping records
  • Build an Income Statement
  • Build a Balance Sheet
  • Understand the accounting equation and the principle of double entry
  • Tell the difference between debits and credits
  • Account for the difference between income and cash
  • Navigate through Financial Reports with ease
  • Perform Vertical and Horizontal Analysis
  • Calculate Liquidity, Solvency, Profitability and Growth ratios
  • Analyze a company's performance based on the figures in its annual report
Curriculum

8 Topics
What Does The Course Cover?
What Is Accounting and Why Do We Need It?
Why do we need Accounting?
The Importance of Bookkeeping - Good Accounting Records Are Essential
The importance of Bookkeeping
Financial Accounting - Who Needs Financial Reports?
Course Notes - Download
CPE Review Quiz: Section 1

18 Topics
The Three Main Financial Statements: P&L Balance Sheet and Cash Flow Statement
Income Statement Items
Revenue Types - Practical Exercise
The Revenue Recognition Principle - Why Is it so Important?
Types of Expenses
The Expense Recognition Principle - When to Recognize Expenses
Income Taxes
Main P&L Formats
Balance Sheet Items
Depreciation and Amortization (D&A)
Historical Cost vs. Fair Value Accounting
Completing 33% of the Course
Тypes of Assets - Practical Example
Тypes of Liabilities - Practical Example
Equity
Types of Equity - Practical Example
CPE Review Quiz: Section 2
CPE Review Quiz: Section 3

10 Topics
The Main Accounting Equation and How It Stays in Balance
The Accounting Equation
General & Subsidiary Ledgers - This Is How a Firm Organizes Its Accounts
General and Subsidiary Ledgers
Making Sense of Debits and Credits! Balance Sheet T-Accounts
Income Statement T-Accounts
T-Accounts
The Cornerstone Principle of Accounting - Double Entry Bookkeeping
Double-Entry Bookkeeping
CPE Review Quiz: Section 4

10 Topics
Practical Exercise: Bookkeeping entries + Building a P&L & a Balance Sheet (1/4)
Case Study (Part 1)
Practical Exercise: Bookkeeping entries + Building a P&L & a Balance Sheet (2/4)
Case Study (Part 2)
Completing 50% of the course
Practical Exercise: Bookkeeping entries + Building a P&L & a Balance Sheet (3/4)
Case Study (Part 3)
Practical Exercise: Bookkeeping entries + Building a P&L & a Balance Sheet (4/4)
Course Challenge - Build a P&L and Balance Sheet from scratch
CPE Review Quiz: Section 5

11 Topics
The Importance of Timing: Revenue and Expense Recognition
The Difference Between Cash Flow and Revenue-A Must Know For Every Entrepreneur
The Timing of Payments: Here Is How Many Business Owners Improve Their Cash Flow
The Four Types of Accruals Arising in Accounting Transactions
CPE Review Quiz: Section 6
Calculating Cash Flows - Understand if a business makes or burns cash
The Three Parts of Cash Flow Statement explained
Cash Flow Computations - The Direct Method
Cash Flow Computations - The Indirect Method
Calculating Cash Flow in Practice: A Complete Example
CPE Review Quiz: Section 7

4 Topics
Introduction to Financial Statements
Let's Open P&G's 2021 Financial Report and Take a Look At It Together
Who Prepares and Verifies the Annual Report?
CPE Review Quiz: Section 8

11 Topics
The Essence of Financial Statement Analysis: Four Key Dimensions
Calculating Subtotals Totals and Year-on-Year Growth
Key Mechanics of Financial Statement Analysis: Performing a Meaningful Analysis
Using Different P&L and Balance Sheet Formats + Horizontal and Vertical Analysis
An Introduction to the "Days" Methodology: Understanding Working Capital Trends
Financial Ratios Every Investor Should Use: Understanding Financial Ratios
Quiz Number 6
Practical Exercise: Analyzing P&G's Business Through Financial Ratios (1 of 2)
Practical Exercise: Analyzing P&G's Business Through Financial Ratios (2 of 2)
Financial statement analysis
CPE Review Quiz: Section 9

8 Topics
What you will see next in this section
How to download Tesla's historical financials
Calculating and analyzing growth and profitability ratios
Calculating and analyzing liquidity ratios
Calculating and analyzing solvency ratios
Assessment 10
Congratulations!
CPE Qualified Assessment

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Accounting & Financial Statement Analysis: Complete Training

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