ITN, LLC

Financial Statements Explained

This course steps the student through the basic and essential financial statements—the income statement, cash flow, and balance sheet—in addition to profitability ratios, liquidity ratios, and solvency ratios. Ensuring staff efficiencies will increase your productivity and revenue. After completing this course you should be able to - describe the purpose and contents of the income statement, cash flow, and the balance sheet. Understand the results of a variety of ratio calculations.