Description

Financial statements are essential tools for institutions to ensure sound management and long-term sustainability, supporting both strategic and operational decision-making. They provide a reliable foundation for assessing financial health and are used by internal and external stakeholders—including management, investors, and creditors—to make informed decisions. In this course, students will gain a practical understanding of the four main financial statements: the income statement, balance sheet, cash flow statement, and statement of changes in equity. The course also introduces key financial analysis tools, both vertical and horizontal, to evaluate performance and trends. In addition, students will explore the basics of cash flow management and budgeting. The course blends theoretical concepts with real-life examples, offering a hands-on approach to understanding and applying financial data.