This course is designed to provide a basic understanding of financial statements with an emphasis on the income statement. Building on the foundation formed in the first course, you will learn about the third of our three measurement questions and how the income statement helps to answer this final measurement question. Returning to the real business people introduced in the first course, this second course describes the basic content of income statement in a simple yet relevant context. The course ends by summarizing many of the lessons learned in both courses to leave you with a lasting impression about what financial statements are and how accounting can work for you. We all know that accounting is “the language of business”; let’s make learning this language engaging, and perhaps even fun!
This course is part of the Fundamentals of Accounting Specialization
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About this Course
Could your company benefit from training employees on in-demand skills?
Try Coursera for BusinessSkills you will gain
- Income Statement
- Financial Ratio
- Financial Statement
- Balance Sheet
Could your company benefit from training employees on in-demand skills?
Try Coursera for BusinessSyllabus - What you will learn from this course
Course Orientation
Module 1: How Did You Perform? Introducing the Income Statement
Module 2: Finishing Out the Income Statement and Managing Cash
Module 3: Final Elements of Financial Statements
Module 4: Wrapping Up Financial Statements and What Lies Ahead
Reviews
- 5 stars76.64%
- 4 stars19.44%
- 3 stars2.93%
- 2 stars0.55%
- 1 star0.41%
TOP REVIEWS FROM UNDERSTANDING FINANCIAL STATEMENTS: COMPANY PERFORMANCE
Overall the course was good but my frustration lies in the fact that I am now unable to clear the clutter of these courses from my screen because I only audited the course. Why is this the case?
Very good course to learn about a company's performance by understanding it's financial statements. Recommended for the commerce or business related students.
A perfectly designed, crisp course, covers basics as well as some really technical terms, perfect for MBA freshers without commerce background. Kudos!
Prof. Gary Hecht is quite challenging. You wonder whether he uses the testing information for
practise but either way you learn and understand the material he teachs.
About the Fundamentals of Accounting Specialization

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