Understanding Financial Statements
For Board Members
4.60 (46 reviews)
142
students
1 hour
content
Dec 2016
last update
$39.99
regular price
What you will learn
Recognize what each of the three financial statements is trying to tell the reader. Discover how to review an operating budget. Identify the differences between when we record an expenditure as an asset on the balance sheet or an expense on the income statement. Explore the types of internal control that can be used to safeguard assets. Discover the ten steps that can be used to review a set of financial statements.
Why take this course?
What do Board Members need to understand about financial statements and budgets to be able to perform their duties? Certainly such things as:
- Recognizing what each of the three financial statements is trying to tell the reader.
- Understanding how to review an operating budget.
- Identifying the differences between when we record an expenditure as an asset on the balance sheet or an expense on the income statement.
- Exploring the types of internal controls that can be used to safeguard assets.
- Ten steps that can be used to review a set of financial statements.
This course provides – in an easy to understand manner – the basic knowledge to make a director comfortable at the boardroom table when the financial statements and budgets are handed out.
Learning Objectives
- Recognize what each of the three financial statements is trying to tell the reader.
- Discover how to review an operating budget.
- Identify the differences between when we record an expenditure as an asset on the balance sheet or an expense on the income statement.
- Explore the types of internal control that can be used to safeguard assets.
- Discover the ten steps that can be used to review a set of financial statements.
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Reviews
Kelly
April 27, 2022
Great course! Short and to the point yet detailed with great examples. Thank you this will help me to read SEC 10-K's better! Would recommend this course!
Heather
April 9, 2018
The course was very good and clearly the instructor has a lot of knowledge.
I did find it difficult as it is pretty much an auditory course, yes there were some images, however when the explanations came it was usually just auditory and as a visual and hands-on learner this did not compliment my learning style.
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1035638
udemy ID
12/8/2016
course created date
4/25/2022
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