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Exploring Financial Statements
Exploring Financial Statements
Curriculum
4 Sections
27 Lessons
Lifetime
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Chapter 6: Reporting Profit or Loss in the Income Statement
14
1.1
Presenting Typical Income Statements
1.1
Quiz for Presenting Typical Income Statements
5 Questions
1.2
Taking Care of Housekeeping Details
1.2
Quiz for Taking Care of Housekeeping Details
6 Questions
1.3
Being an Active Reader
1.3
Quiz for Being an Active Reader
6 Questions
1.4
Deconstructing Profit
1.4
Quiz for Deconstructing Profit
5 Questions
1.5
Pinpointing the Assets and Liabilities Used to Record Revenue and Expenses
1.5
Quiz for Pinpointing the Assets and Liabilities Used to Record Revenue and Expenses
6 Questions
1.6
Reporting Unusual Gains and Losses
1.6
Quiz for Reporting Unusual Gains and Losses
6 Questions
1.7
Watching for Misconceptions and Misleading Reports
1.7
Quiz for Watching for Misconceptions and Misleading Reports
6 Questions
Chapter 7: Reporting Financial Condition in the Balance Sheet
14
2.1
Expanding the Accounting Equation
2.1
Quiz for Expanding the Accounting Equation
5 Questions
2.2
Presenting a Proper Balance Sheet
2.2
Quiz for Presenting a Proper Balance Sheet
5 Questions
2.3
Judging Liquidity and Solvency
2.3
Quiz for Judging Liquidity and Solvency
6 Questions
2.4
Understanding That Transactions Drive the Balance Sheet
2.4
Quiz for Understanding That Transactions Drive the Balance Sheet
7 Questions
2.5
Sizing Up Assets and Liabilities
2.5
Quiz for Sizing Up Assets and Liabilities
7 Questions
2.6
Financing a Business: Sources of Cash and Capital
2.6
Quiz for Financing a Business: Sources of Cash and Capital
7 Questions
2.7
Recognizing the Hodgepodge of Values Reported in a Balance Sheet
2.7
Quiz for Recognizing the Hodgepodge of Values Reported in a Balance Sheet
5 Questions
Chapter 8: Reporting Cash Sources and Uses in the Statement of Cash Flows
10
3.1
Meeting the Statement of Cash Flows
3.1
Quiz for Meeting the Statement of Cash Flows
6 Questions
3.2
Explaining the Variance between Cash Flow and Net Income
3.2
Quiz for Explaining the Variance between Cash Flow and Net Income
6 Questions
3.3
Sailing through the Rest of the Statement of Cash Flows
3.3
Quiz for Sailing through the Rest of the Statement of Cash Flows
6 Questions
3.4
Pinning Down “Free Cash Flow”
3.4
Quiz for Pinning Down “Free Cash Flow”
6 Questions
3.5
Limitations of the Statement of Cash Flows
3.5
Quiz for Limitations of the Statement of Cash Flows
6 Questions
Chapter 9: Financial Accounting Issues
16
4.1
Reporting Changes in Owners’ Equity
4.1
Quiz for Reporting Changes in Owners’ Equity
5 Questions
4.2
Recognizing Reasons for Accounting Differences
4.2
Quiz for Recognizing Reasons for Accounting Differences
5 Questions
4.3
Looking at a More Conservative Version of the Company’s Income Statement
4.3
Quiz for Looking at a More Conservative Version of the Company’s Income Statement
6 Questions
4.4
Explaining Differences
4.4
Quiz for Explaining Differences
6 Questions
4.5
Calculating Cost of Goods Sold Expense and Inventory Cost
4.5
Quiz for Calculating Cost of Goods Sold Expense and Inventory Cost
6 Questions
4.6
Recording Depreciation Expense
4.6
Quiz for Recording Depreciation Expense
6 Questions
4.7
Scanning the Revenue and Expense Radar Screen
4.7
Quiz for Scanning the Revenue and Expense Radar Screen
6 Questions
4.8
Using the Statement of Cash Flows as an Audit/Sanity Test
4.8
Quiz for Using the Statement of Cash Flows as an Audit/Sanity Test
5 Questions
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