Introduction
                                    
                                        The power of financial statements
                                            
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                                1. The Basics of Financial Statement Preparation
                                    
                                        What stories do financial statements tell?
                                            
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                                        The role of the accounting cycle
                                            
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                                        Understanding year-end close
                                            
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                                        Finding financial statements for publicly traded companies
                                            
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                                        Challenge: Finding financial statements
                                            
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                                        Solution: Finding financial statements
                                            
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                                2. The Basics of Income Statement Preparation
                                    
                                        Recognizing revenue and understanding the revenue recognition principle
                                            
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                                        Recording expenses using the matching principle
                                            
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                                        Challenge: Working with the income statement
                                            
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                                        Solution: Working with the income statement
                                            
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                                3. The Basics of Balance Sheet Preparation
                                    
                                        The accounting equation and the assets section of the balance sheet
                                            
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                                        The accounting equation and the liabilities section of the balance sheet
                                            
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                                        The accounting equation and the equity section of the balance sheet
                                            
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                                        Challenge: Working with the balance sheet
                                            
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                                        Solution: Working with the balance sheet
                                            
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                                4. The Basics of Statement of Cash Flow Preparation
                                    
                                        The impact of operating activities on the cash flow statement
                                            
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                                        The impact of investing activities on the cash flow statement
                                            
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                                        The impact of financing activities on the cash flow statement
                                            
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                                        Challenge: Working with the statement of cash flow
                                            
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                                        Solution: Working with the statement of cash flow
                                            
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                                5. The Basics of Statement of Stockholders' Equity Preparation
                                    
                                        Understanding the statement of stockholder's equity
                                            
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                                        Challenge: Working with the statement of stockholders' equity
                                            
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                                        Solution: Working with the statement of stockholders' equity
                                            
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                                Conclusion
                                    
                                        Your next steps in creating financial statements
                                            
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                                    Glossary_Corporate_Financial_Statement_Creation.zip
                                    
                                        (90 KB)