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Overview of Financial Statements: P&L, Bal. Sheet, Cash Flow

This course discusses each of the main financial statements, describing what each one does and how they are utilized.
(12 reviews)
36 students
Created by


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Platform: Udemy
Video: 49m
Language: English
Next start: On Demand

Table of contents


In this course we discuss each of the main financial statements, the income statement (P&L), the balance sheet, and the cash flow statement, describing what each one does, how they are utilized by companies in measuring financial performance, and how they relate to one another.
We then follow with a basic set of financial statements for a simple company, reviewing what we laid out up front about what the statements accomplish and how they interact. We finish by reviewing a set of financial statements from a publicly traded company to show that no matter how big the company, the fundamentals are the same.
This online self study program in the field of accounting serves as an overview for accounting and finance professionals who need to sharpen their fundamental understanding of the core financial statements and how they work together.

You will learn

✓ Demonstrate what each financial statement does and how they are utilized by companies both large and small.
✓ Measure your company’s performance through the use of financial statements.
✓ Sharpen your understanding of how financial statements work together.


• No advanced preparation or prerequisites are required for this course.

This course is for

• Anyone interested in Accounting, Finance, or related fields.
Condensed and Efficient Courses for Busy Professionals
Illumeo, incorporated in 2009, is revolutionizing the hide-bound world of corporate learning. Illumeo works with corporate professionals and organizations of all sizes to build the skills and capabilities that help everyone be an expert at their job.Based in Silicon Valley, CA, Illumeo serves thousands of corporations and corporate professionals across Finance, Accounting, Human Resources, Sales and Marketing. The platform offers assessments, industry-benchmarked competency analyses, hundreds of expert-developed courses, collaborative tools, and the ability for companies to self-publish internal courses that promote institutional knowledge retention and dissemination.Illumeo is the place for expertise management and we are dedicated to the proposition that everyone can be an expert at their job.Show moreShow less
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Platform: Udemy
Video: 49m
Language: English
Next start: On Demand

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