SKU: 89544441569

Understanding Financial Statements & Financial Ratios

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Description

Understanding Financial Statements & Financial RatiosCOURSE OVERVIEW: Welcome to the Understanding Financial Statements & Financial Ratios course. This program has been designed to equip you with the foundational accounting knowledge and analytical skills needed to interpret financial statements, understand organisational financial health, and apply key financial ratios for informed decision making. You will explore the accounting equation, the structure and purpose of core financial statements, the

COURSE OVERVIEW:

Welcome to the Understanding Financial Statements & Financial Ratios course. This program has been designed to equip you with the foundational accounting knowledge and analytical skills needed to interpret financial statements, understand organisational financial health, and apply key financial ratios for informed decision-making. You will explore the accounting equation, the structure and purpose of core financial statements, the flow of financial information across reporting periods, and the meaning and application of financial ratios used to evaluate liquidity, profitability, leverage, and operational efficiency.

This course begins by examining the accounting equation and why it underpins all financial reporting. You will explore how one party’s asset is another party’s liability, how the balance sheet summarises an organisation’s financial position, and what assets, liabilities and owners’ equity represent within that framework. This section also examines multiple-period balance sheets, how they show change over time, and how shifts in financial position can signal growth, risk, or structural adjustment. You will also explore the income statement, the meaning of gross profit and cost of goods sold, and the distinction between operating income and net income as indicators of financial performance.

The next learning area focuses on retained earnings and the flow of value across financial statements. You will explore the statement of retained earnings, how it functions as a bridge between financial statements, and how dividends influence an organisation’s accumulated profits. This section also examines what retained earnings represent economically and how they reflect reinvestment, growth strategy, and long-term financial stability. You will explore the cash flow statement, how it differs from the income statement, and why cash-based analysis is essential for understanding liquidity and solvency. This section also examines the categories of cash flow and how operational, investing and financing activities shape cash movement.

A further learning area examines the meaning and purpose of financial ratios. You will explore what financial ratios are, how they convert raw financial data into interpretable insights, and why they are central to performance analysis across industries. This section examines liquidity ratios and how they reflect an organisation’s ability to meet short-term obligations, profitability ratios and how they measure financial performance, and financial leverage ratios used to evaluate debt reliance and capital structure. You will also explore the advantages and disadvantages of financial leverage and how leverage decisions affect risk, return, and long-term sustainability.

The final learning area focuses on asset turnover ratios and how they measure the efficiency with which organisations use their resources. You will explore how these ratios indicate operational effectiveness, how they vary across business models, and how they support strategic decisions regarding pricing, inventory management, and investment. This section reinforces that understanding financial statements and ratios enables individuals to interpret organisational performance, identify risks, and support sound financial planning and oversight.

By the end of this course you will be able to understand the accounting equation, interpret balance sheets and income statements, explain retained earnings and cash flow statements, analyse liquidity, profitability, leverage and asset turnover, and apply financial ratios to assess organisational performance with clarity and confidence.

LEARNING OUTCOMES:

By the end of this course, you will be able to understand:

  • The Accounting Equation
  • How your Asset is someone else’s Liability?
  • The Balance Sheet
  • What are Assets?
  • What are Liabilities?
  • What is meant by Owners’ Equity?
  • Multiple-Period Balance Sheets
  • The Income Statement
  • The Gross Profit
  • The Cost of Goods Sold
  • The Operating Income vs. Net Income
  • The Statement of Retained Earnings
  • How the statement of retained earnings functions as a bridge between Financial Statements?
  • What is meant by Dividends?
  • What Retained Earnings are?
  • The Cash Flow Statement
  • Cash Flow Statement vs. Income Statement
  • The Categories of Cash Flow
  • What is meant by Financial Ratios?
  • What Liquidity Ratios are?
  • What Profitability Ratios are?
  • What Financial Leverage Ratios are?
  • The Pros and Cons of Financial Leverage
  • What Asset Turnover Ratios are?

COURSE DURATION:

The typical duration of this course is approximately 2-3 hours to complete. Your enrolment is Valid for 12 Months. Start anytime and study at your own pace.

ASSESSMENT:

A simple 10-question true or false quiz with Unlimited Submission Attempts.

CERTIFICATION:

Upon course completion, you will receive a customised digital “Certificate of Completion”.

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SKU: 89544441569

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Verified Purchase
Amazon Customer
Carnegie, US
★★★★★ 5
Summer wedding kids suit
Color: Navy, Size: 10 Years, Color: Navy, Size: 10 Years
Bought this suit for my son in the 10 youth size and honestly was pleasantly surprised by the quality for the price. The navy color looks sharp and dressy without being too stiff or uncomfortable. The material has a little stretch, which helped it fit nicely and made it comfortable for him to move around in. The adjustable waist was a huge plus, especially for growing kids. It fit true to size overall, though the blazer sleeves were slightly long on my son. The pants had a nice slim look without being too tight. We paired it with white sneakers for a more modern look and it came out adorable. This would be perfect for weddings, graduations, concerts, communion, school events, or family photos. Overall, very happy with the purchase and would definitely buy again.
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Reviewed in the United States on May 18, 2026
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Verified Purchase
Kindle Customer
Whiting, US
★★★★★ 5
Very Modern Handsome Suit
Color: Grey, Size: 7 Years, Color: Grey, Size: 7 Years
This is an incredibly sharp looking suit for the little guy. Great price and features, too. I made a mistake in sizing up instead of down and first one was too sloppy on him and would need alterations. He is thin and very thin in the waist. There is a lot of adjustment with buttons in waistband and coat hides the bunching. This shirt and coat will easily take a fuller body than slim I believe. He loves posing in it and feels very classy. Best purchase for a formal suit that will last longer than most kids clothes size wise. Felt bad about returning but careful folding and packing got it good as new.
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Reviewed in the United States on May 20, 2026
B
Verified Purchase
Berthav
New York, US
★★★★★ 5
Quality
Color: Black, Size: 7 Years, Color: Black, Size: 7 Years
Excellent quality, My son looks incredible
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Reviewed in the United States on June 5, 2026
L
Lady Wescott
New York, US
★★★★★ 4
Sharp Looking Kids Suit With One Missing Piece
Color: Navy, Size: 7 Years, Color: Navy, Size: 7 Years
I ordered this suit for my 6yo son in a size 7 so he would have a little room to grow and get more wear out of it, and sizing is perfect. He did not need it for any specific occasion, he just wanted a suit because apparently kindergarteners sometimes wake up and decide they are businessmen now. Let me start with the positives because there are a lot of them. This is a very well made suit. The jacket, pants, and dress shirt are all surprisingly nice quality. The fabric does not feel cheap or flimsy at all. The jacket has good structure, the buttons are well attached, the seams are clean, and all the little details like the collar and pockets look great. It honestly looks like a proper little formal suit. The pants are nicely made as well and pair perfectly with the jacket. The white dress shirt underneath is also good quality and completes the whole look. Overall, it is a really sharp outfit and would absolutely work for special occasions like weddings, recitals, formal events, church, or family photos. Now for the reason I am deducting one star. The listing specifically shows and mentions that this set includes a bow tie. That was actually the main reason I chose this particular suit over others. Some options only had a standard tie or no tie at all, but my son specifically wanted a bow tie. Unfortunately, the bow tie was not included with mine. That was definitely disappointing because it was one of the main selling points for me when choosing this set. Now I have to go find a separate bow tie that matches, which I was hoping to avoid. That said, I do want to be clear that this issue does not take away from the actual quality of the suit itself. The suit is genuinely very well made and looks fantastic on him. If your child needs a suit for a wedding, formal event, recital, or something similar, this would absolutely work. My son mostly just wanted a suit because he thinks it is cool, so now he has one and can show up to school looking like the smallest CEO in kindergarten. Overall, this is a very nice quality suit set. I just wish the bow tie that was advertised had actually been included.
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Reviewed in the United States on March 10, 2026
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Verified Purchase
Liz
New York, US
★★★★★ 5
Good for the price
Color: Black, Size: 10 Years
Great suit for the price and it includes the shirt which It was a great surprise
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Reviewed in the United States on May 27, 2026

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