• Balance Sheet and Income Statement
  • Balance Sheet and Income Statement
Originally published: 09/02/2018 13:59
Last version published: 02/03/2018 15:36
Publication number: ELQ-70339-2
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Balance Sheet and Income Statement

Ronald Roy talks you through the two most commonly-used financial statements: the income statement and balance sheet.

If you're a finance major, you may find accounting to be this necessary evil for getting your business degree, also true if you're a marketing or management major. But the financial statements are useful sources of information, and in courses like investments, or even in corporate finance, we are not really interested in some of these financial statements for the sake of doing some accounting work. Instead, we are interested in them to analyse a company and to determine their financial position.

This video looks at the two basic financial statements that you use most commonly. The balance sheet and the income statement.

Video length: 9:29

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