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Financial Reporting Today
24 Minute MBA

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Module 1 | 24minMBA | |
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Unit 1 | 24 Minute MBA Pretest | |
Unit 2 | Setting up Business Strategy | |
Unit 3 | Developing Innovation | |
Unit 4 | Leadership Skills | |
Unit 5 | Organizational Behavior | |
Unit 6 | Marketing Campaigns | |
Unit 7 | Essential Sales Skills | |
Unit 8 | Emotional Intelligence | |
Unit 9 | Legal Documentations | |
Unit 10 | Financial Reporting Today | |
Unit 11 | Project management | |
Unit 12 | Information Technology | |
Unit 13 | Business Expansion | |
Unit 14 | 24 minute MBA Posttest |
Survey Questions
In this video you will learn about the most important financial statements in any organisation. Financial statements help to manage your business by showing you where the money came from, where it went and where is it now, allowing you in turn to ensure that you have a healthy business.
The three most Important Financial Statements are:
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The Balance Sheet which highlights the assets – what you own, liabilities – what you owe, and capital – what is owed to owners. Assets = liabilities + capital.
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The Profit or Loss Statement – P&L for short – also called Income statement includes how much sales or revenue you made over the year less the expenses.
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The Cash Flow statement includes in the Inflows and outflows of cash in the company.