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Courses/Business/Entrepreneurship

Understanding and Interpreting Financial Statements

This course is designed for business owners and non-financial managers. You will learn how to understand, interpret and use financial statements to make well-informed business decisions.

Created byArun Mathur
4.2
(9 reviews)
IntermediateUpdated Apr 22, 2020
Understanding and Interpreting Financial Statements

What You'll Learn

check_circleWho are the users of financial statements
check_circleFinancial statement analysis
check_circleBalance sheet, income statement and cash flow statement
check_circleComponents of ratio analysis (liquidity, profitability, etc.)
check_circleUnderstanding financial statements

About This Course

This course is tailored for business owners and non-financial managers who want to better understand their company’s financial health. You'll learn how to read and interpret the three core financial statements—balance sheet, income statement, and cash flow statement—along with the accompanying notes.

Through practical instruction and real-world examples, you'll develop the skills to perform ratio analysis, evaluate inventory turnover, assess liquidity, and measure profitability, enabling you to make more informed and strategic business decisions.

Your Instructor

Arun Mathur
Arun Mathur

Lead Instructor, FCPA, FCA

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star8,833 reviews

Arun Mathur, FCPA, FCA, LPA has over 35 years of teaching and corporate training experience. He is a retired Partner at Gerald Duthie & Co. LLP, where he provided professional services to a diverse group of clients. Arun is also Owner and Lead Instructor at UltimQuest Knowledge Inc., offering corporate training on improving governance, ethics, internal control, performance measurement and related topics. He provides live and online training through CPA bodies across Canada and Bermuda. Arun served for several years on the Board for HealthForce Ontario Marketing and Recruitment Agency, and was also Chair of the Finance and Audit Committee there and for the Trillium Gift of Life Network. He has served on the CMA Ontario's Review Committee prior to the merger as well.

Credit Information

Do these courses count toward my professional development requirements?

This portal is provided as a training and development resource for City of Markham employees. Every course is delivered by a qualified subject matter expert or learning organization, is quantifiable in hours, and is verifiable — you receive a documented certificate of completion for every course you finish, stored on LearnFormula indefinitely.

If you hold a professional designation (for example in engineering, accounting, human resources, or law), courses may be counted as professionally relevant, verifiable learning activities toward your continuing professional development. Individual practitioners are responsible for confirming that an activity meets the requirements of their professional body. For questions about the City of Markham's training and development policies, please speak with your people leader or Human Resources.

What Students Are Saying

4.2
Student's Choice
9 reviews

Frequently Asked Questions

We are a registered provider with 327+ associations and regulatory bodies worldwide. We operate across 29 global markets including Canada, the US, Australia, and the UK. Every course page clearly displays its specific accreditations. Upon completion, you receive a professional certificate that can be validated online. Our certificates include all necessary accreditation details, credit hours, and completion dates, and are formatted specifically to meet the submission requirements of most global regulatory bodies.