How to Understand Financial Statements
The Missouri SBDC is funded in part through a Cooperative Agreement with the U.S. Small Business Administration and is a University of Missouri Extension partner. All opinions, conclusions, and/or recommendations expressed herein are those of the author(s) and do not necessarily reflect the views of the SBA. Reasonable accommodations for persons with disabilities will be made if requested in advance. To request accommodations contact [email protected]
The course developer is a Business Development Field Specialist with the University of Missouri Extension's Small Business Development Center (SBDC). The SBDC consists of a network of centers located in throughout the state on University of Missouri campuses and facilities, and on the campuses of other state universities. Each center provides counseling, coaching, training, and specialized services for start-up and existing businesses. If you have questions on the course's content, contact the center most convenient to your location. Our centers can be found at www.missourisbdc.org. Click on the local help icon for a listing of centers and contact information.
Course DescriptionThe course is self-paced and consists of 6 modules, no module is more than 15 minutes in length. The entire self-paced course should take no more that 45 minutes, not including the exercises. The exercises are self-evaluated. There are no graded activities, quizzes or other assessments. The purpose of course is strictly to provide information and knowledge. There are no prerequisite knowledge and competencies.
There is a course registration form to complete and a course completion survey. With the completion of the course, to include the registration and survey, a course completion certificate can be downloaded.
By completing this course the student will be able to:
- Identify and understand key business information on Profit and Loss Statements and Balance Sheets
- Know how to calculate and use key Financial Ratios to make better business decisions
The six modules of this course are delivered in a lecture format. In addition to the course slides with speaker notes, there is a student workbook for note taking. It also includes the case study and associated exercises.
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Additional Course Resources
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