Understanding Financial Statements

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Learn the fundamentals of financial statements and how you can use this information to confidently make financial decisions.

Without a background in accounting, reading, interpreting and analyzing accounting information can feel like learning a new language. Gaining an understanding of financial statements and what the numbers really mean will give you the accounting savvy you need to be able to speak and interpret the language.

Understanding Financial Statements guides participants through the objectives and limitations of financial statements and teaches the basics of accrual accounting and cash flows.

No previous knowledge of accounting is necessary to attend this course.

Topics Covered

  • Interpreting the three general-purpose financial statements: balance sheet, income statement and statement of cash flows
  • Using financial accounting information to make more informed decisions
  • Identifying the objectives and limitations of financial accounting and general financial statements
  • Gaining knowledge of accrual accounting and cash flows
  • Discussing financial statements more effectively and confidently

Past Participants said:

"Even though I work regularly with financial statements, this course showed me how to extract even more useful information from them."

"Would recommend to anyone wishing to learn more about reading and interpreting financial statements."

"This was a great course, great instructor & super learning environment" - Janelle Kenway, NL Hydro


Continuing Education Contact Hours: 14



This course qualifies for Professional Development Units (PDUs) as defined by the Project Management Institute (PMI).

Each course has a specific qualifying factor for PDUs. See the table below for a specific PDU breakdown for this Gardiner Center program.

To learn more about PDUs and how to apply these credits to your active credential please see www.pmi.org.

Talent Triangle Allocations

Qualifying PDU Hours

Ways of Working


Power Skills


Business Acumen




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