Improve Your Ability to Read Financial Statements

Investors are always searching for those hidden-gem companies that the market has yet to find. At the same time, investors are always trying to spot those red flags that indicate a company may be headed for rough waters. All of these clues are generally found in the financial statements.

As an investor, your understanding of financial statements could make all the difference between modest return, tremendous return or portfolio disaster.

The most fundamental step to a deep understanding of Financial Statement information is to understand Accounting.

If you've always wanted to understand the Fundamentals of Accounting & Financial Statement Preparation, but never had the time, opportunity, or the right teacher... then keep reading.

You may be about to discover something that will quickly and dramatically improve your understanding of financial information.

This is a Financial Accounting & Financial Statement Preparation Course.

In this course you will learn the following:

Level 1:

  • One hour introduction to financial accounting

Level 2:

  • How to recognize the "two sides" of every financial transaction

  • What it means to "accrue" revenue & expenses

  • What "accounts payable" & "accounts receivable" mean & how they relate to cash movement

  • How to always remember what weird accounting words like "debit" and "credit" really mean

  • How to take financial data and build an Income Statement, from scratch

  • How to take financial data and build a Balance Sheet, from scratch

Level 3:

  • What it means to "capitalize" vs "expense" something

  • How to calculate "depreciation" using 4 methods you will see on financial statements

  • How an accounting "journal entry" makes its way into the financial statements

  • Understand how to determine "capitalized cost"

  • Understand "salvage value" of fixed assets

Level 4:

  • Mastering the difference between "unearned revenue" and "accrued revenue"

Level 5:

  • Understanding the financial statement presentation of "short term investments"

  • Understanding "available for sale" vs "held to maturity" securities

  • Understanding "trading" securities

  • Identifying and measuring "other comprehensive income"

Level 6:

  • Understanding "bond premium" vs "bond discount"

  • Identifying "issuance,""coupon" and "face value"

  • Accounting for bonds purchased with "interest already accrued"

Level 7:

  • Understanding "treasury stock"

  • Accounting for "cash dividends" vs "stock dividends"

  • Identifying and measuring "shareholder's equity" and "additional paid in capital"

  • Dealing with "contra" financial statement accounts

Bonus 1:

  • Understanding the "allowance for doubtful accounts"

Bonus 2:

  • Everything you need to know about "cost of goods sold"

FAQs

1. All levels taught by Justin from Number Crunch Nerds

2. Two college-level semesters worth of training jam-packed into about 8 hours

3. Chock full of examples, demonstrations and review questions

4. Complete Income Statement & Balance Sheet buildout, from scratch

5. Private video series (no YouTube ads)

$79

(one time payment)

I look forward to seeing you inside the course.

- Justin