Financial Statements For Beginners In 1 Hour Or Less

The easiest and fastest way to learn about financial statements, even if you know nothing about business.

What you'll learn

Balance Sheet

Income Statement

Cash Flow

Budget

Accounting Basics

Requirements

No prior knowledge needed

Description

Financial statements may seem complex, but this course makes it very easy for you! Many successful business OWNERS and MANAGERS have trouble reading financial statements.  STUDENTS in business school have trouble understanding them.  All because they are not properly taught the easy way to understand financial statements like the Balance Sheet, Income Statement, and Cash Flow.Don't fail your business or your school course! The better that you understand the fundamentals of business financial reports, the more successful you will be.This course explains and demonstrates all the concepts in very simple terms that are easy to understand.You will also see how financial statements are used in a business by watching the GoVenture Entrepreneur business simulation game in action.You will even learn the basics of accounting in a few short videos!Includes video explanations, an easy-to-read Business Learning & Activity Book that enables you to continue your learning after the course.This course is guaranteed to be the fastest way to learn how to read and prepare financial statements.If English is not your first language, this course will help you learn business English terminology and how to pronounce the words properly.The course is taught by an entrepreneur who has started multiple businesses and has created business education resources used by millions of people around the world.Let's get started!

Overview

Section 1: Introduction

Lecture 1 About this Course

Lecture 2 Your Free Learning & Activity BOOK

Section 2: Accounting & Finance Basics in 29 Minutes

Lecture 3 Let's Run a Business

Lecture 4 Accounting Defined

Lecture 5 Financial Transactions and Profit

Lecture 6 Accounts and the General Journal and Ledger

Lecture 7 Financial Reports

Lecture 8 Accounting Cheat Sheet

Lecture 9 Is My Course Helpful?

Section 3: Cash Flow & Budget

Lecture 10 Importance of Cash

Lecture 11 Cash Flow

Lecture 12 Cash Flow Statement

Lecture 13 Budget and Cash

Lecture 14 Overspending and Underspending

Section 4: Income Statement

Lecture 15 Financial Statements

Lecture 16 Revenue & Expenses

Lecture 17 Net Profit and Gross Profit

Lecture 18 COGS and COS

Lecture 19 Other Income

Lecture 20 Period

Lecture 21 Retained Earnings

Lecture 22 Relationship to Balance Sheet

Lecture 23 Review the INCOME STATEMENT in GoVenture ENTREPRENEUR

Section 5: Balance Sheet

Lecture 24 Financial Statements

Lecture 25 Assets and Liabilities

Lecture 26 Business Value

Lecture 27 Equity

Lecture 28 Increasing Equity

Lecture 29 Balance

Lecture 30 Dividends and Retained Earnings

Lecture 31 Review the BALANCE SHEET in GoVenture ENTREPRENEUR

Section 6: Financial Statements and Accounting Visualized

Lecture 32 Step-by-Step Accounting for a New Business

Section 7: End of Course and Next Steps

Lecture 33 End of Course and Next Steps

Lecture 34 Bonus — Free Accounting Cheatsheet

Business Students,Business Owners,Startup Founders,Current and aspiring Managers