Understanding Financial Statements

Understanding Financial Statements

Issued by USF Office of Corporate Training and Professional Education

Accounting and financial information is all around us, including several business news cable stations that broadcast 24/7. A basic understanding of reading financial statements is useful in one’s job, as well as personal wealth accumulation. This engaging course is designed for students who have wanted to learn the basics of accounting and financial statements, but haven’t known where to turn.

Skills

  • Accounting
  • Balance Sheet
  • Business Journalism
  • Cash Flow Statements
  • Financial Statements
  • Income Statement
  • Leadership

Earning Criteria

  • Recognize the three basic financial statements: Income Statement, Balance Sheet and Statement of Cash Flows.
  • Understand the relationship between these three statements.
  • Comprehend the basic accounting concepts that generate financial statements.
  • Start to understand how to evaluate the financial health of a business from their financial statements.