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LEADERSHIP

LEAD011 - Using Financial Statements as a Management Tool

Author: Cindy Diehl Yang

Description: Understanding financial statements provides insight into the financial health of a business, and guides leaders to make better decisions using that information. This course is geared toward new managers and leaders, providing the basics of reading and comprehending financial statements. Experienced managers will also benefit for review purposes.

Objectives

After completing this course, you will be able to:

  1. Identify the three basic financial statements and their major components.
  2. Explain how financial statements work.
  3. Interpret information found on statements.
  4. Define associated financial vocabulary.