---
title: How to Read a Financial Statement
description: Demystify financial statements for non-financial managers. Learn to interpret income statements, balance sheets, and cash flow statements.
image: https://aspire.loyola.edu/hubfs/ASPIRE%20Assets/Icons/Finance%20and%20Accounting.png
---

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# How to Read a Financial Statement

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#### [ Professional Credits: ](https://aspire.loyola.edu/credit_terminology?hsLang=en)

CEU: 0.3

ATD CI: 3

HRCI: 3

PDU: 3

SHRM: 3

#### $95

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Completion Time

3 hours

![](https://aspire.loyola.edu/hubfs/ASPIRE%20Assets/Icons/Access%20time.png)

Access Time

90 Days

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Outcome

Individual Skill Course

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Language

English

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Training Level

Beginner

#### Delivery Information:

Online Asynchronous Self-paced

#### Description

Financial statements can look intimidating and, as a non-financial manager, you may feel like ascertaining the right conclusion from a financial statement is like finding a needle in a haystack. This training course covers financial reports and their meaning. You will learn the fundamentals and importance of the income statement, balance sheet, and statement of cash flows, and how they can be used to manage a business. You will also be exposed to financial (ratio) analysis.

This *How to Read a Financial Statement* course is offered in collaboration with the trusted learning partner MindEdge.

#### Learning Outcomes

 After completing this course, the learner should be able to:

- Identify and describe the documents and financial statements included in an organization's financial report
- Itemize and interpret the information in the income statement, balance sheet, statement of changes in shareholders' equity, and statement of cash flows
- Correctly state the impact of specific business activities on cash flow
- Define financial (ratio) analysis and explain its objectives and limitations
- Identify the various types and categories of financial ratios
- Perform calculations using financial ratios

#### Additional Information

**

This course includes an “Ask the Expert” feature. You can use this feature to submit questions about course content. A subject matter expert will provide guidance or point you to additional resources for the topics you’re studying. Questions are answered as quickly as possible and usually within 24 hours.

Learners must achieve an average test score of at least 70% to meet the minimum successful completion requirement and qualify to receive IACET CEUs.

#### Requirements

**

##### Technology Requirements

Hardware Requirements: This course can be taken on either a PC, Mac, or Chromebook.

Software Requirements: Software must be installed and fully operational before the course begins.

- PC: Windows 8 or later.
- Mac: macOS 10.6 or later.
- Browser: The latest version of Google Chrome or Mozilla Firefox are preferred. Microsoft Edge and Safari are also compatible. Cookies and JavaScript must be enabled
- The latest Adobe Reader/Acrobat Reader ( free download available at https://get.adobe.com/reader/ )
- Any modern Office suite: Microsoft Office, Apple iWork, OpenOffice, or LibreOffice

Other:

- Reliable internet connection. Broadband cable or highspeed DSL is recommended for optimal experience.
- E-mail account (to be able to register and to receive e-mail from the course system regarding registration, course status, etc.)

#### Reviews

**

"The class is structured well with content that is insightful and causes you to think by doing the exercises to enforce learning. I recommend it to anyone wanting a broad understanding of financial statements and their meaning."

Jason E.

"Great course, well presented and put together in an easy-to-follow sequence. Exactly what I was looking for, thanks!"

Robert T.

"Fascinating and urgently relevant to non-profit professionals."

Lisa Diane A.

#### Enroll My Team

**

Are you looking to enroll your team in this training Course? You Can:

##### Option 1

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##### Option 2

Contact us to explore enrollment options, including potential discounts!

[Contact Us](https://aspire.loyola.edu/individuals-contact-form?hsLang=en)

### $95

##### Start Today!

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