Accounting Fundamentals: Understanding Financial Statements

Matt Cooper, CEO of Skillshare

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10 Videos (46m)
    • Introduction

      1:19
    • Getting Started

      3:59
    • Accrual vs Cash Accounting

      6:19
    • Calculating Revenue

      5:16
    • Income Statements: Part One

      5:07
    • Income Statements: Part Two

      8:44
    • Balance Sheets

      5:52
    • Cash Flow Statements

      7:53
    • Final Thoughts

      0:58
    • More Business Classes on Skillshare

      0:41
373 students are watching this class

About This Class

Join Skillshare CEO Matt Cooper to learn to read and understand the essential financial statements everyone should know!

No matter your career path, everyone should understand the basics of business accounting. Start here with a straightforward walkthrough of the three essential financial spreadsheets: income statements, balance sheets, and cash flow statements. Key lessons include:

  • Cash accounting vs accrual accounting
  • Calculating topline revenue
  • How to balance your statements
  • Key terms and basic equations

All are welcome to this introduction to the world of accounting — Matt explains each spreadsheet in plain language, ensuring you walk away with the ability to understand essential financial information. After taking this class, you'll be able to fully participate in any organization, no matter your role.

23 of 23 students recommendSee All

very plain spoken of the basic. no graphics though.
Great overview for non-finance folks who need a basic understanding. well done!
Karine Wegrzynowicz

Always Curious!

Great introduction to the basics of business financials.
Evan Clark

Always learning.

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Matt Cooper

CEO of Skillshare

I am the CEO of Skillshare and a firm believer that talent is equally distributed, but opportunity and education are not. Skillshare's mission is to provide universal access to high quality learning, and use our platform to close the professional skills gaps of the new, creative economy.

Before joining Skillshare, I was the CEO of Visually, an online marketplace for creative work that was acquired by ScribbleLive in January 2016. Prior to that, I was the VP of Marketplace Operations, E...

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