This course is part of the Intuit Bookkeeping Professional Certificate

4.4
stars
149 ratings

Intuit Professional Development

8,604 already enrolled

Offered By

Intuit Bookkeeping Professional CertificateIntuit

About this Course

135,091 recent views

In the final course of this certificate, you will apply your skills towards financial statement analysis. If you have the foundational concepts of accounting under your belt, you are ready to put them into action in this course. Here, you will learn how to reconcile different types of accounts, check for accuracy, and troubleshoot errors.  Additionally, you will practice how to apply different analytical methods to key financial statements and understand how these methods inform a variety of business decisions.
By the end of this course, you will be able to:
-Describe and illustrate the use of a bank reconciliation in controlling cash
-Outline the purpose of financial statements in relationship to decision making
-Describe basic financial statement analytical methods
-Apply quantitative skills to analyze business health

Courses 1-3 in the Intuit Bookkeeping Professional Certificate, or the equivalent, are recommended prerequisites for this course.

Flexible deadlines

Reset deadlines in accordance to your schedule.

Shareable Certificate

Earn a Certificate upon completion

100% online

Start instantly and learn at your own schedule.

Course 4 of 4 in the

Intuit Bookkeeping

Beginner Level

Course 3, Liabilities and Equity in Accounting along with earlier courses in the Professional Certificate are recommended pre-requisites.

Approx. 18 hours to complete

English

Subtitles: English

What you will learn

Describe and illustrate the use of a bank reconciliation in controlling cash.
Outline the purpose of financial statements in relationship to decision making.
Describe basic financial statement analytical methods.
Apply quantitative skills to analyze business health.

Skills you will gain

Cash Flow
Bank Reconciliation
Financial reports analysis
financial statement analysis

Flexible deadlines

Reset deadlines in accordance to your schedule.

Shareable Certificate

Earn a Certificate upon completion

100% online

Start instantly and learn at your own schedule.

Course 4 of 4 in the

Intuit Bookkeeping

Beginner Level

Course 3, Liabilities and Equity in Accounting along with earlier courses in the Professional Certificate are recommended pre-requisites.

Approx. 18 hours to complete

English

Subtitles: English

Instructor

Instructor rating

4.34/5 (61 Ratings)

Intuit Professional Development

49,987 Learners

4 Courses

Offered by

Intuit

As a global technology platform, Intuit's vision is to build the world’s largest professional network that gives tax, bookkeeping, and financial experts confidence and empowers them with intelligent tools and development paths to provide an exceptional experience to our customers and make them successful in their financial lives.

Syllabus - What you will learn from this course

Content Rating75%(1,824 ratings)

Week

Week 1

3 hours to complete

Understanding Reconciliations

In this module, you will be introduced to different liabilities and learn how to account for them. Additionally, you will learn how to work with the sales tax payable accounts.

3 hours to complete

25 videos (Total 56 min), 1 reading, 4 quizzes

25 videos

Welcome to Intuit's Bookkeeping Certification Program50s

Welcome to Course 4: Financial Statement Analysis2m

Introducing Financial Statement Analysis51s

Bank Reconciliation45s

Interpreting Financial Statements2m

Preparing for an Interview49s

Reconciliation Types and Processes3m

Types of Reconciliation55s

The Importance of Reconciliation3m

Process of Reconciliation57s

Let's Hear from an Expert1m

Bank Reconciliation Example3m

Let's Hear from an Expert1m

Balance Sheet Approach2m

Reconciliation Types and Processes Wrap Up28s

Introducing Reconciliation Source Documentation Types1m

Source Documents and Their Importance4m

Document Management3m

Connecting Your Bank Account To QuickBooks Online 3m

Lesson Summary and Wrap Up38s

Introducing Report Reconciliations vs Transactional Reconciliations2m

Report Reconciliation Method2m

Transactional Reconciliation Method2m

Reconciliations and QuickBooks Online8m

Report Reconciliations vs Transactional Reconciliations Wrap56s

1 reading

Welcome Reading Financial Statement Analysis5m

4 practice exercises

Reconciliation Types and Processes Practice Quiz8m

Reconciliation Source Documentation Types Practice Quiz6m

Report Reconciliations vs Transactional Reconciliations Practice Quiz6m

Understanding Reconciliations Assessment1h

Week

Week 2

4 hours to complete

How to Read Financial Statements

In this module, you will gain an understanding and apply knowledge of accounting for sales tax and payroll liabilities.

4 hours to complete

18 videos (Total 27 min)

18 videos

Introducing the Income Statement1m

Income Statement Learning Objectives21s

Pulling an Income Statement in QuickBooks Online1m

Let's Hear from an Expert1m

Percent Change Formula1m

Horizontal and Vertical Analysis1m

Let's Hear From an Expert!1m

Reading the Numbers for Clients3m

Income Statement Wrap Up30s

Introducing the Balance Sheet1m

Reading and Interpreting the Balance Sheet3m

Balance Sheet Basics Review44s

Interpreting the Balance Sheet Wrap Up42s

Introducing Statement of Cash Flows1m

Understanding Cash Flow1m

Expert Advice: Cash flow4m

Statement of Cash Flows in QuickBooks Online47s

Statement of Cash Flows Wrap Up15s

4 practice exercises

Income Statement Practice Quiz10m

Interpreting the Balance Sheet Practice Quiz6m

Interpret the Statement of Cash Flows Practice Quiz8m

Financial Statements Assessment40m

Week

Week 3

5 hours to complete

Analyzing Key Reports and Transactions

In this module, you will learn how to work with different types of long-term liabilities and shareholders equity.

5 hours to complete

19 videos (Total 52 min)

19 videos

Introducing Income Statement Analysis 2m

Gross Profit Margin4m

Operating Profit Margin4m

Net Profit Margin3m

Income Statement Analysis Wrap Up44s

Introducing Balance Sheet Analysis2m

Ratios Introduction and Current Ratio2m

Debt to Equity Ratio1m

Importance of Debt to Equity Ratio4m

What is a Good Ratio?1m

Accounts Payable Turnover Ratios2m

Accounts Receivable Turnover Ratios3m

Balance Sheet Analysis Wrap Up35s

Introducing Cash Flow Analysis1m

Cash Flow Coverage Ratio3m

Current Liability Coverage Ratio1m

Cash Flow Margin Ratio2m

Cash Flow Analysis Wrap Up42s

Introducing Business Performance Communication8m

5 practice exercises

Income Statement Analysis Practice Quiz6m

Balance Sheet Practice Quiz8m

Cash Flow Practice Quiz6m

Business Communications Practice Quiz6m

Analyzing Key Reports and Transactions Assessment40m

Week

Week 4

6 hours to complete

Application and Practice with Reconciliations and Financial Analysis

In this final module for Course 4, you will apply your bookkeeping knowledge by working through common accounting scenarios that deal with liabilities, payroll, and equity.

6 hours to complete

16 videos (Total 48 min), 2 readings, 4 quizzes

16 videos

Introducing Reconciliations1m

Reconciliations Objectives20s

Run a Report: Reconciliation51s

Fixing a Reconciliation Error1m

Correcting an Error with a Single Journal Entry5m

Reconciliations Wrap Up47s

Introducing Workflow of Financial Statements2m

How Information Flows Through Financial Statements5m

Video: The Ripple Effect of Financial Transactions3m

Video: The Financial Statement Puzzle7m

Workflow of Financial Statements Wrap Up41s

Introducing Analyzing Key Reports1m

Specific Reports7m

Ratios1m

Ratio Examples8m

Review of Analyzing Key Reports54s

2 readings

Financial Statement Analysis Case Study1h

Take the Intuit Certified Bookkeeping Professional exam10m

4 practice exercises

Reconciliations Practice Quiz6m

Workflow Practice Quiz10m

Key Reports Practice Quiz6m

Reconciliations and Financial Analysis Assessment30m

Reviews

4.4

44 reviews

5 stars
67.51%
4 stars
15.28%
3 stars
9.55%
2 stars
3.18%
1 star
4.45%

TOP REVIEWS FROM FINANCIAL STATEMENT ANALYSIS

by GGSep 17, 2021

This course was extremely informative. This will definitely help me with finding new employment. I feel very confident in my abilities than ever before and thoroughly enjoyed it.

by MMMay 16, 2022

The course is designed in a very good manner. It is easy to comprehend and learn even for beginners.

by PSNov 15, 2021

I enjoyed taking this course it was helpful and challenging.

by ZKDec 12, 2021

Very helpful course i really enjoyed the course content.

View all reviews

About the Intuit Bookkeeping Professional Certificate

Whether you are starting out or looking for a career change, the Intuit Bookkeeping Professional Certificate prepares you for a variety of jobs in public accounting, private industry, government, and non-profit organizations—and for the Intuit Certified Bookkeeping Professional exam. If you are detail-oriented and passionate about solving clients’ problems, this program is for you. You’ll gain a foundational understanding of accounting principles and an introduction to QuickBooks Online through hands-on practice working with real-world accounting scenarios. Upon completion, you’ll be ready to take the Intuit Certified Bookkeeping Professional exam. With this certification, you will be qualified to apply for a position as a bookkeeper at Intuit QuickBooks Live or anywhere in the field. To learn more, visit https://home.pearsonvue.com/intuit. Build a foundation of bookkeeping concepts and accounting measurement.

Learn how to work through the phases of the accounting cycle to produce key financial statements. Practice interpreting and analyzing financial statements to make key business decisions. You will need access to spreadsheet software (Excel, Google Sheets, Numbers or the equivalent) for some activities in this course. No previous accounting or bookkeeping experience necessary. Disclaimer: While this program aims to provide you with bookkeeping skills, completion is not a guarantee, or condition, of employment at Intuit or in the bookkeeping field.

Frequently Asked Questions

When will I have access to the lectures and assignments?
Access to lectures and assignments depends on your type of enrollment. If you take a course in audit mode, you will be able to see most course materials for free. To access graded assignments and to earn a Certificate, you will need to purchase the Certificate experience, during or after your audit. If you don't see the audit option:
The course may not offer an audit option. You can try a Free Trial instead, or apply for Financial Aid.
The course may offer 'Full Course, No Certificate' instead. This option lets you see all course materials, submit required assessments, and get a final grade. This also means that you will not be able to purchase a Certificate experience.
What will I get if I subscribe to this Certificate?
When you enroll in the course, you get access to all of the courses in the Certificate, and you earn a certificate when you complete the work. Your electronic Certificate will be added to your Accomplishments page - from there, you can print your Certificate or add it to your LinkedIn profile. If you only want to read and view the course content, you can audit the course for free.

More questions? Visit the Learner Help Center.

Financial Statement Analysis