Reading a corporate financial statement


show more Reading a corporate financial statement provides you with in-depth training on Business. Taught by Curt Frye as part of the Excel 2007: Financial Analysis show less
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Reading a corporate financial statement

Companies create financial statements to provide information to potential investors and creditors, help current investors evaluate the health and performance of the company, and summarize the company's resources, so the government can tax them appropriately. I've selected the annual report from 2008 for the Washington Post Company, just to give you an idea of what the annual report for large company might look like. I have started out with the income statement, which summarizes the company's income as a function of all income and that includes sales revenue, investment income, and takes out operating expenses and taxes.

And like most companies, the Washington Post Company displays multiple years of data. So for example, we have data from 2008, 2007, and 2006, and they use that as a comparison so that investors and regulators will have an idea of what the trends within the company look like. It also breaks down the operating revenues and other costs and expenses by category. S...

Reading a corporate financial statement
Video duration: 6m 1s 2h 18m Intermediate

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Reading a corporate financial statement provides you with in-depth training on Business. Taught by Curt Frye as part of the Excel 2007: Financial Analysis

Subject:
Business
Software:
Excel
Author:
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