Course Outline
Join PRO

Financial Statements (Topic Outline)

0

Topic Outline

Join PRO to Track Progress
Read our Explanation (7 Parts) Free

Our Explanation of Financial Statements provides you with the highlights of each of the five external financial statements issued by U.S. corporations. Our insights will give you a good understanding of what the financial statements indicate and what they do not indicate.

Part 1Introduction to Financial Statements, Where the Amounts Come From, Accrual Method of Accounting
Part 2Accounting Periods, Users of the Financial Statements
Part 3Income Statement
Part 4Statement of Comprehensive Income
Part 5Balance Sheet
Part 6Statement of Stockholders' Equity, Statement of Cash Flows (SCF)
Part 7Notes to Financial Statements, Other Information Pertaining to Financial Statements
Take our Practice Quiz Free

This 20-question quiz is a fast way to assess your understanding of the Financial Statements Explanation. It's also a great warmup for our Quick Tests.

Review our Visual Tutorial

Our Visual Tutorial for Intro to Financial Statements provides you with an overview of each of the five external financial statements issued by U.S. corporations. It also allows you to see how one financial statement is connected to the others.

Watch our Financial Statements Video Training

Our financial statements videos will help you learn and review the balance sheet, income statement, and statement of cash flows. This video training consists of 14 videos of approximately 10 minutes each.

Review our Flashcards

Our flashcards for the topic Financial Statements will help you master key terms and definitions. You can view them on any device or print them out.

Solve our Word Scramble Free

If you find Financial Statements terminology difficult, this Word Scramble will provide clues (scrambled answers) to assist you.

Solve our Crossword Puzzle Free

We created this crossword puzzle for you to learn, review, and retain terminology for the topic Financial Statements in a more fun format.

Review our Sample Business Forms

Our business forms include 26 forms to assist you in preparing financial statements. All of our business forms contain an Excel template, a blank PDF form, and a filled-in PDF form.

Review our Cheat Sheet

Our Financial Statements Cheat Sheet provides you with an overview of each of the five external financial statements issued by U.S. corporations.

Take our Quick Test #1

This graded 40-question test measures your understanding of the topic Financial Statements. Discover which concepts you need to study further and enhance your long-term retention. All of our quick tests can be taken online and/or printed.

Take our Quick Test #2

This graded 45-question test measures your understanding of the topic Financial Statements. Discover which concepts you need to study further and enhance your long-term retention. All of our quick tests can be taken online and/or printed.

Take our Quick Test #3

This graded 50-question test measures your understanding of the topic Financial Statements. Discover which concepts you need to study further and enhance your long-term retention. All of our quick tests can be taken online and/or printed.

Take our Quick Test #4 with Coaching

This graded 30-question test provides coaching to guide you to the correct answers. Use our coaching to learn the WHY behind each answer and deepen your understanding of the topic Financial Statements.

Earn our Financial Statements Certificate of Achievement

Earn this certificate to demonstrate your knowledge of the main financial statements. In the process you will be improving your knowledge, retention and recall of key elements. You will feel more confident knowing you passed the 40-question exam prepared by an experienced CPA and university instructor.

Advance Your Accounting and Bookkeeping Career

Must Watch image

  • Perform better at your job
  • Get hired for a new position
  • Understand your small business
  • Pass your accounting class
Watch the Video
Certificates of Achievement

Earn Our Certificates of Achievement

Certificates of Achievement
  • Debits and Credits
  • Adjusting Entries
  • Financial Statements
  • Balance Sheet
  • Income Statement
  • Cash Flow Statement
  • Working Capital and Liquidity
  • Financial Ratios
  • Bank Reconciliation
  • Accounts Receivable and Bad Debts Expense
  • Depreciation
  • Payroll Accounting
View PRO Plus Features

Join PRO or PRO Plus and Get Lifetime Access to Our Premium Materials

Read all 2,651 reviews

Features

PRO

PRO Plus

Features
Lifetime Access (One-Time Fee)
Explanations
Quizzes
Q&A
Word Scrambles
Crosswords
Bookkeeping Video Training
Financial Statements Video Training
Flashcards
Visual Tutorials
Quick Tests
Quick Tests with Coaching
Cheat Sheets
Bookkeeping Study Guide
Managerial Study Guide
Business Forms
All PDF Files
Progress Tracking
Earn Badges and Points
Certificate - Debits and Credits
Certificate - Adjusting Entries
Certificate - Financial Statements
Certificate - Balance Sheet
Certificate - Income Statement
Certificate - Cash Flow Statement
Certificate - Working Capital
Certificate - Financial Ratios
Certificate - Bank Reconciliation
Certificate - Accounts Receivable and Bad Debts Expense
Certificate - Depreciation
Certificate - Payroll Accounting

About the Author

Harold Averkamp

For the past 52 years, Harold Averkamp (CPA, MBA) has
worked as an accounting supervisor, manager, consultant, university instructor, and innovator in teaching accounting online. He is the sole author of all the materials on AccountingCoach.com.

Learn More About Harold

Read 2,651 Testimonials

Take the Tour Join Pro Upgrade to Pro Plus