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In this video we’re doing a deep study Financial Statements. Financial Statements are external reports that sum up an organization’s financial efficiency and setting over a time period. There are three main Financial Statements:
▪ Balance Sheet (aka. Declaration of Financial Position).
▪ Income Statement (aka. Declaration of Profit & Loss or “P&L”).
▪ Cash Flow Statement (also known as. Statement of Cash Flows).
We’ll over every one in detail with examples to highlight exactly how they function. If you view this video clip via to then end then you’ll end up being an expert on Financial Statements quickly whatsoever!
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⏱ TIMESTAMPS.
00:00 – Intro.
00:36 – What are Financial Statements?
09:00 – What is a Balance Sheet?
15:35 – What is an Income Statement?
19:56 – What is a Cash Flow Statement?
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