Financial Statement Analysis - Master the Financial Stmts! (Udemy.com)
Gain a comprehensive knowledge of the 3 financial statements and how to make them tell you a story
Created by: Corey @ Wisdify
Last updated March 2020
What you will learn
- Understand each financial statement (balance sheet, income statement, and statement of cash flow)
- Calculate liquidity, solvency, profitability and growth ratios
- Analyze a company's performance based on their financials
- Account for the difference between income and cash
- Understand basic accounting concepts (like the balance sheet equation)
- Build a simple balance sheet and income statement
How it compares
Against the other 376 rated Udemy courses in Finance & Accounting on CourseDuck:
- Rating4.6 out of 5higher than 68% of them
- Reviews1,099#114 of 377 by number of reviews
- Length3.6 hoursshorter than 59% of them
- Last updatedMarch 2020earlier than 91% of them
Course Description
If you're in the finance or accounting world (or aspire to be), you need to know the financial statements!
A knowledge of the financial statements helps you:
Understand a company's health
Grasp the profitability and viability of products and services
Analyze the past to take action in to the future
Don't worry, you don't need any background in finance or accounting to take this course! We'll start with the basics of the three financial statements and then take a deeper dive into each one. From there, you'll learn how to analyze the financial statements using different metrics to help you dissect a company's health and profitability.
What you learn in this course will benefit you for the rest of your career!
What makes our course so awesome?
Real world application: In depth, real-world case studies using both real and fictitious companies
Fun: Light-hearted, fun, and enjoyable course (we never take ourselves too seriously)
Knowledgeable instructor: Nate is a CPA and has spent his career analyzing financial statements
No fluff: We don’t teach theory or waste your time with useless information. Everything we teach you can start applying TODAY
This course is the first part of a 3 part series on the financial statements. The next courses focus on financial modeling (Financial Modeling Bootcamp) and how to value a company or project (Company & Project Valuation). We'll use the same case study in this course for the rest of the courses to keep continuity.
Let's start learning!
Instructor Details
- 4.6 Rating
1,099 Reviews
Corey @ Wisdify
Wisdify is an online training platform with a mission to empower professionals with the skills and knowledge to succeed professionally.
Our engaging online courses equip you with extremely relevant and in-demand hard and soft skills so you can become more employable and promotable.
Our courses include: SQL for Data Analytics, Intro to Data Analytics, Microsoft Power BI, Marketing Analytics, Microsoft VBA Macros, Financial Statement Analysis and more!
To receive CPE credit, you must complete the final exam on our website.
About the instructor
Corey is the owner of Wisdify loves sharing his knowledge of finance, accounting, and business operations. He is passionate about helping individuals and teams unlock their true potential. He is an avid teacher and mentor, entrepreneur, and small business advisor.
With almost 15 years of experience in finance, accounting, and consulting, he has worked in private companies, and private-equity owned businesses. His industry experience cuts across home service, media/entertainment, real estate, capital/banking, and more.
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Reviews
By Nidhi Verma on 7/27/2026
The course is very good. The instructor explains everything very clearly in simple and easy-to-understand language. The lessons are well structured and easy to follow. I really enjoyed learning from this course.
By Selena Baker on 7/3/2026
Liked the fact that they looked at some financial statements and showed you how to use the figures within to workout the margins. Found the Cashflow statement very useful. The explanation of what the ratios measure and what is a good percentage was also great. Good refresher for those already in the know and also good for people that don't understand their financial statements
By Osman Hashim on 12/21/2024
The excel attachment had different numbers than what he was using in demonstration and parts were missing. It was very annoying, good teacher and easy to follow, just needs to fix excel doc so its exactly like what he's demonstrating because that way people can learn. If different excel attachment its hard to see if I am doing it correctly.
By Sherif Gamal on 11/26/2024
The instructor is really knowledgeable and competent. He is simplifying the topics in a very easy and smooth way that not only makes it really easy to understand but also easy to retain. I strongly recommend this course specifically for non-financers.
By Nerissa Wong on 6/17/2024
It was great. Joseph delivered the course very clearly in a very lively manner. Now it's a matter of trying to apply the knowledge to work situation. I wish there was proper transcript though. The auto-generated one is rather horrible.
By Tibor Baranyai on 10/30/2023
The course is very good, the explanation is understandable and practical. Basically, I am satisfied. My only problem with it is -> that the numbers and Statement structures in the attached excel file: 'Food and Stuff Financial Statements.xlsx' differ in several places from the file presented in the videos. Thus, especially from the CF lessons, it is very difficult to follow the numbers together with the Instructor. Regardless, I recommend it to everyone!
By Anonymized User on 10/26/2023
The course has helped me to have a view of company's financial position, profitability, cash flows, and equity. It has also helped in evaluating the performance, liquidity, solvency, and efficiency of a business.
By John Royce on 7/1/2023
Hi Joseph. I really appreciate the effort you put into making this course. I was able to learn the fundamentals of Financial Statement analysis, from scratch. Once again, thank you.
By Muh Jusuf C Gandhi on 5/31/2021
I don't have any finance background but this course is really helpful and easy to understand, will show you how to read and analyze financial report in a simple way, I really recommend it
By Steven P on 4/6/2020
Passionate teaching, well thought out course, short videos in which you can go back and re-watch if you forgot something. An easy listening experience this is the ideal entry-level course on understanding financial statements!
Quality Score
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Overall Score : 92 / 100












