Personal Finance Fundamentals - Module 2

  • 16 Lessons

  • Duration

    89 Minutes

Instructors

Kirby Rosplock

Kirby Rosplock (Ph.D.)

Born into a very successful enterprising family, Kirby learned family wealth basics the way most affluent offspring do (or don’t) Read More

About Course

Personal Finance Fundamentals Module 2 introduces various financial statements including income statements, balance sheets, and the statement of cash flows. Read More

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Overview

  • Learning Objectives

    1 Minutes 30 Seconds

Introduction to accounting - Overview

  • Books and Records

    1 Minutes 30 Seconds
  • Basis of Accounting

    2 Minutes

Essential Types

  • Overview

    1 Minutes
  • Income Statement (P&L)

    2 Minutes
  • Income Statement Example, cont.

    2 Minutes
  • Balance Sheet

    1 Minutes 30 Seconds
  • Balance Sheet Example

    1 Minutes 30 Seconds
  • Cash Flow Statement

    1 Minutes 30 Seconds
  • Cash Flow Statement Example

    1 Minutes

Financial Statement Analysis

  • Techniques and Measurements

    3 Minutes
  • Liquidity and Leverage Ratios

    30 Minutes
  • Profitability Ratios

    3 Minutes
  • Putting Ratios Into Practice

    4 Minutes
  • Homework I

    30 Minutes

Conclusion

  • Wrap Up

    30 Seconds

Test Your Knowledge

  • Quiz Locked

Personal Finance Fundamentals Module 2 introduces various financial statements including income statements, balance sheets, and the statement of cash flows. Students learn the fundamentals of how to read and analyze these statements. Financial statement subtotal measures such as gross margin, operating income, and EBITDA (earnings before interest, taxes, depreciation, and amortization) are reviewed.  Finally, measures and ratios that reveal financial performance are detailed including working capital, current ratio, quick ratio, earning per share, debt-equity ratio, and return on equity.

Estimated Completion Time: 1.5 hours

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    Customers Review

    4.5 out of 5

    2 customer ratings

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    Rebecca K.
    Jan 10, 2024
    The toughest so far but fantastic. Appreciate the assignments to dig into these financial statements.
    Daniel B.
    Mar 21, 2022
    Content is Great still not comfortable with the Ratios Types and what they measure...