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About This Course

Who this course is for:

  • Accountants
  • Business Owners
  • Bookkeepers

What you’ll learn:

  • Balance sheet
  • Income statement
  • Statement of Cash flows


  • No prior knowledge needed to take this course. 

This course is created to lighten the process of understanding one of the three most important financial statements – Balance sheet, Income statement and Statement of cash flows.  

In order to explain what a balance sheet is, I’ll make an interesting comparison between this financial statement and a photo picture. I’ll go through the two types of balance sheet and I’ll pay attention to the structure of a balance sheet. 

After that, the focus of the course will be on the five main balance sheet ratios which represent business’ liquidity and solvency, and of course, I’ll show you how to analyze them. 

The next step will be to explain briefly the most important points related to the single-step income statement and multiple-step income statement. Another important theme will be the six crucial profitability rates. 

In the last two videos, I’ll help you to see the difference between the direct method and the indirect method of preparing a statement of cash flows.

Our Promise to You

By the end of this course, you will have learned how to interpret data in financial statements.

30 Day Money Back Guarantee. If you are unsatisfied for any reason, simply contact us and we’ll give you a full refund. No questions asked.

Get started today and learn more about financial statements.

Course Curriculum


Section - Introduction And Training Lectures
Introduction 00:00:00
Balance Sheet Clear Explanation 00:00:00
Types Of Balance Sheet 00:00:00
Balance Sheet Ratio Analysis 00:00:00
Current Ratio 00:00:00
Quick Ratio 00:00:00
Working Capital 00:00:00
Debt To Equity Ratio 00:00:00
Total Debt Ratio 00:00:00
Income Statement – Explanation 00:00:00
Profitability Ratios 00:00:00
Profitability Ratios – Examples 00:00:00
Statement Of Cash Flows – Explanation 00:00:00
Methods Of Preparing Statement Of Cash Flows 00:00:00
Activity 00:00:00

Course Reviews


2 ratings
  1. Anonymous
    CHRISTOS SEITANIDIS November 15, 2020 at 18:57 PM



    Excellent! God bless! All the best!

  2. Anonymous
    Reynaldo A. Banasijan November 14, 2020 at 13:16 PM

    Great intro to financial statements!


    Viktoria’s course made it easy to understand financial statements such as income statement and balance sheet. It also showed me how to understand ratios and its meaning.



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