ONLINE: How to Read a Financial Statement

Upon successful completion of this course participants will be able to:

• Identify and describe the documents and financial statements included in an organization's financial report
• Itemize and interpret the information in the income statement, balance sheet, statement of changes in shareholders' equity, and statement of cash flows
• Correctly state the impact of specific business activities on cash flow
• Define financial (ratio) analysis and explain its objectives and limitations
• Identify the various types and categories of financial ratios
• Perform calculations using financial ratios

This offering is targeted to individuals who meet or exceed the following professional demographics:  

• Entry-level public procurement and central warehouse professionals who serve as assistants, coordinators, buyers, or equivalent functions within their respective entities.   

• Non-procurement managers and supervisors who are responsible for either the procurement function or staff who provide procurement functions under delegated authority.   

• Professionals who are employed by governing entities and special authorities (such as K-12 and higher education, publicly-owned utilities, transportation providers, and other publicly-funded or created organizations) that either serve within or manage the procurement function.  

• Suppliers or representatives of suppliers seeking to understand the public procurement function from a holistic level, including the policies, standards, and procedures by which public entities must function.