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Accounting 101: How to read an Accounting Balance Sheet

An accessible course for beginners, offering a clear and structured approach to understanding and reading balance sheets with practical examples and exercises.

access

Lifetime

level

Beginner

certificate

Certificate of completion

language

English

What will you in Accounting 101: How to read an Accounting Balance Sheet Course

  • Understand the basic structure of financial statements and their components.
  • Learn how to read and interpret a balance sheet.
  • Gain insights into assets, liabilities, and equity on a balance sheet.

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  • Understand how balance sheets reflect a company’s financial health.
  • Build confidence in evaluating companies’ financial positions using balance sheets.

Program Overview

Module 1: Introduction to Financial Statements

⏳ 20 minutes

  • Overview of financial statements and their role in business.

  • Introduction to the three main financial statements: balance sheet, income statement, and cash flow statement.

  • Understanding the key terminology used in financial reports.

Module 2: Understanding the Balance Sheet

⏳ 30 minutes

  • Structure of the balance sheet: assets, liabilities, and equity.

  • How the balance sheet reflects a company’s financial health.

  • How to analyze the balance sheet for key insights.

Module 3: Assets and Liabilities

⏳ 40 minutes

  • The difference between current and non-current assets.

  • Types of liabilities: short-term and long-term.

  • Analyzing the company’s debt and asset management.

Module 4: Equity and Financial Ratios

⏳ 40 minutes

  • What equity represents in a company.

  • How to calculate and interpret common financial ratios: debt-to-equity, current ratio, etc.

  • Using equity information for evaluating investment potential.

Module 5: Real-World Case Studies

⏳ 40 minutes

  • Analyzing real balance sheets from publicly traded companies.

  • Practical exercises to apply learning and gain deeper insights into balance sheets.

  • How to assess a company’s financial stability through its balance sheet.

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Job Outlook

  • Financial analysts and accountants are in high demand in multiple sectors, including corporate finance, investment banking, and accounting firms.

  • The ability to read and interpret financial statements is crucial for roles such as financial analyst, business consultant, and auditor.

  • Financial analysts can earn between $60K and $90K annually, with opportunities for career progression.

9.6Expert Score
Highly Recommended
This course provides a solid understanding of how to read a balance sheet, making it ideal for beginners who want to grasp basic accounting concepts and financial analysis.
Value
9.2
Price
9.1
Skills
9.7
Information
9.6
PROS
  • Clear, step-by-step instructions for understanding balance sheets.
  • Practical examples and case studies to reinforce learning.
  • Suitable for beginners with no prior accounting experience.
  • Lifetime access to course materials for ongoing reference.
CONS
  • Limited coverage of advanced accounting or analysis techniques.
  • Lacks interactive exercises or quizzes for reinforcement.
  • More focus on balance sheets, with less coverage of other financial statements.

Specification: Accounting 101: How to read an Accounting Balance Sheet

access

Lifetime

level

Beginner

certificate

Certificate of completion

language

English

Accounting 101: How to read an Accounting Balance Sheet
Accounting 101: How to read an Accounting Balance Sheet
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