Description
In this course, you will :
- Learn the distinctions between a balance sheet, a profit and loss statement, and an income statement.
- Understand how to read and interpret your profit and loss and income statements.
- Learn how to read and interpret your balance sheet.
- Recognize the differences in balance sheet layout between the UK and the US.
- Discuss your financials intelligently with your accountant or prospective investors.
Syllabus :
- Difference between balance sheet and profit and loss (aka 'income statement')
- Understanding a profit and loss statement (aka 'income statement')
- Understanding a balance sheet
- UK vs US Balance Sheet layout
- Review a set of real accounts