Understanding Financial Statements: Company Performance

This course is designed to provide a basic understanding of financial statements with an emphasis on the income statement.

Duration 1Hr
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Course Details

Building on the foundation formed in the first course, you will learn about the third of our three measurement questions and how the income statement helps to answer this final measurement question. Returning to the real business people introduced in the first course, this second course describes the basic content of the income statements in a simple yet relevant context. The course ends by summarizing many of the lessons learned in both courses to leave you with a lasting impression about what financial statements are and how accounting can work for you. We all know that accounting is “the language of business”; let’s make learning this language engaging, and perhaps even fun!

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What you'll learn

  • Describe the purpose of an income statement
  • Recognize and understand the meaning of several items typically presented on an income statement.
  • Explain the broader purpose of financial statements and the role of accounting in producing financial statements
  • Read and, to some extent, interpret real-world income statements

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Tutor Details

About Tutor

Hi,
I am Devesh from India, a Business studies tutor. I am in love with the subject and have been teaching for a few years now.
I am a graduate in Business Management specializing in International Business from one of the premier institutes of India.
Also, I am pleased to share that I was an All India UGAT exam topper in my state and secured 97.23%ile in Management Entrance Examinations.
I am Trained & Certified in Business management and administration through various mediums and ivy league institutes via online medium.

Best Regards
Devesh

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