Session 4: Financial Statement Analysis

In investing, we are dependent upon accounting statements for raw data in assessing companies. In this session, we look at the three basic financial statements: the balance sheet, where we record what a company owns and owes at a point in time, the income statement, where we measure revenues, expenses and earnings during a period and the statement of cash flows, where we explain changes in cash balances by looking at operating, investing and financing cash flows. We look at how a financial perspective can vary from an accounting perspective in each of these statements.

[stuartthomas]

My professor recommended your video & I am glad I watched! thank you for the video!

[danr]

Very clear explanation! Thank you so much!

[kwesiennison]

"I'm not a great friend of Accountants"

[sawaria]

I'd safely say if we're done with all his videos we're almost in par with the students who're in his full time course. In terms of theory.

[danzz]

well funnily enough we're seeing leases being treated as debt obligations because of GASB - it might make its way to FASB soon

[hongliliu]

At 13:45 between the first and second bullet point, I don't understand why the debt in point 1 creates the asset in point 2. Anyone helps me out here?

[mwaikul]

Is it possible to get this slides Professor?