Instructor for this course

Managers in a sample of managers at companies with at least 150 employees took a simple financial literacy quiz and got an average of 38% of the questions right. How is that possible? There are varying reasons, but none of them are good. For those who have had limited exposure, or just a plain aversion to "the numbers", there is hope for becoming financially intelligent and increasing your credibility by speaking the language of business. This involves knowing the foundation of financials – getting back to basics.

This course offers basic yet essential information needed to improve your financial intelligence, complete with real stories about real companies. We'll cover the income statement, balance sheet, statement of cash flows, financial ratio classifications, cash vs. profit, and working capital strategies.

Learning Objectives

  • Identify the assumptions and estimates in an income statement
  • Discover key measures used to determine profitability of a company
  • Explore the ratios to see if your company is growing or declining
  • Identify the different sections of the financial statements
  • Discover if your company has enough money to invest and continue to grow
  • Explore the ratios to see if your company is using their resources effectively
  • Identify the four classifications of ratios
  • Discover the stories the financial statements are telling us
  • Explore the ratios to see your company’s trends
  • Identify the three key areas of working capital, and recognize how you can affect them
  • Discover how you can improve the cash flow at your company
  • Explore the variety of differences between cash and profit
Last updated/reviewed: October 26, 2018

7 Reviews (39 ratings)Reviews

Member's Profile
Great production! I wish all classes in this venue were like this. Already recommended class/instructor to non-CPA friend to help educate other board members to understand financial statements better.
Anonymous Author
helpful and very insightful for new to finance and accounting. The video is non-traditional, and feels like an interview.
Member's Profile
Really enjoyed this course, a great refresher and thought the way the course was presented was fantastic.
Member's Profile
This course provided basics and provided great insights into video and slides. One of best courses yet.
Anonymous Author
Really good overall overview and a great refresher on a lot of item I haven't seen in a while.
Anonymous Author
For me it was the best Finance course - it is really good structured with real life examples.
Member's Profile
the course was an enjoyable review of methods used to analyze financial statement.


Course Complexity: Foundational

No Advanced Preparation or Prerequisites are required for this course.

Education Provider Information

Illumeo, Inc., 75 East Santa Clara St., Suite 1215, San Jose, CA 95113
For more information regarding this course, including complaint and cancellation policies, please contact our offices at (408) 400- 3993 or send an e-mail to .
Course Syllabus
  45:04Module One in Financial Intelligence: The Income Statement - Back to Basics Series Full Video
  35:11Module Two in Financial Intelligence: The Balance Sheet and Cash Flow Statements - Back to Basics Series Full Video
  47:11Module Three in Financial Intelligence: The 4 Financial Ratio Classifications - Back to Basics Series Full Video
  53:23Module Four in Financial Intelligence: Cash vs. Profit and Working Capital Strategies - Back to Basics Series Full Video
  ZIPFinancial Intelligence Combined Supporting Materials