How to Read a Financial Statement

Each professional engineering regulatory board across Canada has different CPD requirements, and some boards require strictly technical CPD courses related to your discipline. Courses in the area of Business Skills, Firm Management, or Personal Development may not qualify. Check your regulator's criteria to confirm the courses you need to fulfill your provincial requirements.

In How to Read a Financial Statement , you'll learn ...

• Understand how financial transactions are grouped and categorized
• Know how financial statements are related
• Recognize the sources and uses of cash in a business
• Know how to calculate various financial ratios

Overview

This five-hour course explains how to read and interpret the financial statements of a business enterprise. This is not an accounting course, but accounting is the language of business and it is important for the understanding of the financial well being of a business.

The course reviews the basic financial statements including the balance sheet, income statement, statement of cash flows, and statement of retained earnings, as well as several financial measurements.

Specific Knowledge or Skill Obtained

This course teaches the following specific knowledge and skills:

• Understand how financial transactions are grouped and categorized
• Know how financial statements are related
• Recognize the sources and uses of cash in a business
• Know how to calculate various financial ratios
• Understand how to evaluate the financial health of a company

Certificate of Completion

You will be able to immediately print a certificate of completion after passing a multiple-choice quiz consisting of 32 questions. CPD credits are not awarded until the course is completed and quiz is passed.