Accounting Fundamentals: Understanding Financial Statements | Matt Cooper | Skillshare

Accounting Fundamentals: Understanding Financial Statements

Matt Cooper, CEO of Skillshare

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10 Lessons (46m)
    • 1. Introduction

      1:19
    • 2. Getting Started

      3:59
    • 3. Accrual vs Cash Accounting

      6:19
    • 4. Calculating Revenue

      5:16
    • 5. Income Statements: Part One

      5:07
    • 6. Income Statements: Part Two

      8:44
    • 7. Balance Sheets

      5:52
    • 8. Cash Flow Statements

      7:53
    • 9. Final Thoughts

      0:58
    • 10. More Business Classes on Skillshare

      0:41
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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.