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A wealth of information is available to you if you know how to read financial documents. Being able to glean information from an income statement, a cash flow statement, or a balance sheet can give you an edge in understanding not only your own business but also your competition. In this course, Rudolph Rosenberg, a finance expert, takes you through the steps of making sense of what is contained in financial reports and how to read them. You'll also learn how they fit together to give you a view of a company's situation.
(Music) Hi, I'm Rudolph Rosenberg and welcome to Financial Literacy: Reading Financial Reports. In this course, we look at a key piece of financial information for a company, the financial statement. I'll start by explaining what makes up a financial statement and it's purpose. Then we'll explore the documents that make up a financial statement. We'll take a closer look at the balance sheet, the income statement, and the cash flow statement.
Now, let's get started with Financial Literacy: Reading Financial Reports.
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