Course Name
Build Your Own BIZ™ - Using Financial Statements

Contact Hours: 1

Course Description
Use Financial Statements to Measure Your Success

Understanding and interpreting financial statements can be a daunting task. This course will help you understand what the various financial statements are used for, and help you use them to examine the financial health of your business. The class includes video, text, and downloadable resources.

Description of Course

Using Financial Statements will explore the following topics:

  • The purpose of financial statements
  • Preparation of financial statements
  • Accounting Rules
  • Verification of Financial Statements
  • Comparison of Financial Statements
  • Weaknesses of Financial Statements
  • The Four Primary Types of Financial Statements
  • Analysis of Financial Statements
  • Budgets
  • Pro Forma financial statements
  • Internal controls and financial statements
  • Dashboards

The Using Financial Statements course also contains downloads and resource links that will help you put your plan into action.


Completion of the Using Financial Statements module will help you:

  • Determine how often and who will produce financial statements
  • Determine whether or not you are subject to accounting rules
  • Understand verfication of financial statements
  • Understand the types of financial statements
  • Learn to analyze financial statements
  • Learn to compare financial statements, and use the information to adjust budgets accordingly
  • Understand Pro Forma financial statements
  • Understand interal controls
  • Understand dashboards


Evaluation of your performance will be based on:

  • Quizzes are provided in each module for self-evaluation of your progress.


Using Financial Statements is structured to adapt to your preferred learning style and can be used as follows:

  • Participants can navigate the module like a book, moving from chapter to chapter
  • Participants can use the audio feature to listen to the content
  • Menus and Table of Contents allow participants to find specific information quickly and easily
  • Downloadable templates assist participants in putting the ideas they have learned into practice