How to Read Financial Reports: A Beginner’s Guide

Throughout this course, we will introduce reading financial reports for beginners in more detail, including:

-What is a financial report?
-Benefits of reading financial reports
-Different types of financial reports
-How can financial reports help companies make decisions?

A financial report is like a financial snapshot of your company. It's a document that summarises your company's financial position and performance, showing you how your business is doing.

There are several different types of financial reports, such as balance sheets, income/profit and loss statements, and cash flow statements. We’ll learn about each of these in more detail throughout this course. Each type of report provides you with a different view of your company's financial situation. Just like you need to check your bank account balance to make sure you're not overdrawn, you need to check your financial reports to make sure your business is on the right track!

By the end of this course, you will be able to:
• Describe the benefits of reading financial reports
• Distinguish between the different types of financial reports
• Explain how financial reports help companies make decisions
• Outline the main categories of financial reports, cash flow statements and balance sheets
• Analyse income/profit and loss statements, cash flow statements and balance sheets

This How to Read Financial Reports: A Beginner’s Guide course includes:

• Stop-Start technology meaning you learn at your convenience
• All device compliant meaning you can use laptop-tablet-smartphone at anytime
• Developed by Professionals
• Accredited by The CPD
• Approximate duration: 1 hour

Accreditation:

This How to Read Financial Reports: A Beginner’s Guide online course is fully accredited by The CPD. You will be able to instantly download and print your certificate as soon as you successfully complete the course. This qualification is universally accepted by all employers.

Format:

This How to Read Financial Reports: A Beginner’s Guide course is accessed through a dedicated learner portal and you will be provided the easy to use login details. The course is divided into modules with a short quiz at the end of each to test your knowledge. Once you have progressed through each of the modules you can access a quiz which consists of 20 multiple choice questions based on the material that you have studied.

Once you have passed the course you can download your course certificate in PDF from your learner area. If you don't pass the course first time, don't worry, you can resit the test as many times as required.

Duration:

The How to Read Financial Reports: A Beginner’s Guide course takes approximately 60 minutes to complete. As an e-learning course you can complete this training in convenient stages.

Support:

We are dedicated to helping you succeed. Our course includes dedicated tutor support and they are available to provide you with unlimited online email support to help answer any questions that you may have whilst you are studying the course. Remember: your success is our success!