Accounting: Master The Basics Of Financial Statements

Take control of your finances by mastering personal financial statements. Enroll today to get hands-on experience in financial reporting. Read more.

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Course Skill Level

Beginner

Time Estimate

32m

We are here to teach you professional courses that are project based and focus on real life scenarios. All of our courses have assignments that let you practice the new skills that you have learned during your course. We have a wealth of experience in the corporate world and are excited to share our knowledge and skills with you. Learnhoot Professional will be providing courses in the following areas: - Microsoft Office - Accounting - Financial Analysis - Productivity - Gene

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About This Course
Curriculum

About This Course

Who this course is for:

Beginners in accounting or finance looking to build practical skills.
Small business owners need a basic understanding of financial statements.
Professionals wanting to refresh their financial literacy.
Anyone eager to confidently prepare and interpret personal financial statements.

What you’ll learn:

Understand the Basics of Financial Statements
Master the Balance Sheet and Income Statement
Prepare Your Own Financial Statements in Microsoft Excel
How to Deal with Basic Accounting Adjustments

Requirements:

Complete beginners are welcome to take this course.
A basic understanding of debits and credits is helpful but not necessary.

A Hands-On Guide to Building and Analyzing Your Financial Statements!

This project-based course is designed for small business owners, beginners in accounting, and professionals who want to gain a solid understanding of financial statements.

We start by exploring why financial statements are important, whether for personal budgeting, business decision-making, or understanding overall financial health. Then, we’ll dive into the core accounting concepts and methods used in financial reporting.

With step-by-step guidance, you’ll create both a balance sheet and an income statement, with each activity rooted in real-world examples. This approach not only builds your technical skills but also provides practical insights for applying them in various financial contexts.

The course will culminate in you independently completing your own financial statements using a pre-built Microsoft Excel template, reinforcing your learning and giving you a valuable tool to use in the future.

By the end of the course, you’ll feel confident in your ability to interpret and analyze basic financial statements, helping you make more informed decisions in both personal and professional financial matters.

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Our Promise to You

By the end of this course, you will have learned about The Basics of Financial Statements.

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Course Curriculum

Section 1 - The Purpose Of Financial Statements
	The Purpose Of Financial Statements	00:00:00
Section 2 - Understanding Financial Statements
	Understanding Financial Statements	00:00:00
	The Different Types Of Accounting Methods	00:00:00
Section 3 - The Balance Sheet
	The Balance Sheet	00:00:00
Section 4 - The Income Statement
	The Income Statement	00:00:00
Section 5 - Your Assignment
	Your Assignment	00:00:00