Introduction To The Balance Sheet 🇦🇺
⏱️ 15 min | 📍Australia | This course was designed to give you an understanding of the balance sheet and how to read and interpret it.
In part two of our three-part financial literacy series, we take a deeper dive into the the balance sheet, providing a comprehensive breakdown of its components. Gaby, the instructor, offers in-depth explanations of assets, liabilities, and equity within a company. These concepts are defined, accompanied by illustrative examples and various account types. Gaby ties it all together by clarifying how these elements synergize to form the balance sheet. To enhance comprehension, Gaby guides learners through a practical example of a balance sheet and conducts an analysis of the company's equity position.
Participants will gain a comprehensive understanding of the components of a balance sheet, including assets, liabilities, and equity. Participants will be able to define these elements, identify various account types within each category, and appreciate their significance in portraying a company's financial position.
Participants will develop the ability to analyze how assets, liabilities, and equity interact to create an informative balance sheet, using real-world examples to understand how changes in one component can impact others.
Through a guided practical example of a balance sheet analysis, participants will learn to apply their knowledge effectively. They will be able to interpret and analyze a balance sheet to assess a company's equity position, thus enhancing their ability to make informed financial evaluations and decisions.
This course is included as part of our Learn On membership program. Enrol in your region below and access this course for FREE! If you’re already enrolled in Learn On, you can find this course in your student dashboard.