Course Syllabus: Understanding Financial Statements
with CEU Certificate*
Accounting is considered by many to be the language of business. However, the real language of business lies within accounting, inside the financial statements and financial reporting system. The purpose of these lessons is to provide a communication tool more than anything else. Financial statements such as the balance sheet, income statement, statement of cash flow, and the statement of stockholders' equity are all used as communication tools to answer questions within a company. They also give the user specific insight into the financial position and the financial health of a company over a defined period of time. Financial statements are designed as a systematic way of describing the financial operations that a company is involved with.
These lessons with take the user from the beginning stages of accounting and GAAP principles, through the balance sheet, income statement, statement of cash flow, and statement of stockholders' equity. Next, the lessons take the users through applied financial statement analysis involving the movement of cash flow through a company and its effects, along with financial ratio analysis which is one of the fundamental methods for stock investors. Finally, the lessons will cover the topics of accounting fraud, the mechanisms of frau, how to spot fraud, and even the methods that are used by unscrupulous accountants and business managers to commit fraud or "cook the books".
These lessons are designed to give the user a solid fundamental understanding of financial statements which are used with the intent of providing the user a 360 degree view of a company and its operating information which can be used by accountants, managers, and investors to make smart and strategic business decisions.
- The Role of Cash Flow in Understanding Financial Statements
- Examining the Statement of Stockholders' Equity in Financial Statements
- Understanding Financial Statements: GAAP and FASB
- Interpreting and Itemizing Information Provided in the Income Statement
- An Organization's Financial Reporting Structure Found in Financial Statements
- Individual Characteristics of a Millionaire
- Dealing with Gender Issues in the Workplace
- Examining The Role of the Business Consultant
- Debt Trap Impact on a Younger Generation
- Understanding Personal Finance
- Determining Brand Value
- The End Process after a Consulting Success
- Techniques for Becoming a Competent Communicator
- The Essentials of Capital Budgeting in Financial Analysis
- Business Tips for Proper E-mail Etiquette