Session 4: Financial Statement Analysis

In investing, we are dependent upon accounting statements for raw data in assessing companies. In this session, we look at the three basic financial statements: the balance sheet, where we record what a company owns and owes at a point in time, the income statement, where we measure revenues, expenses and earnings during a period and the statement of cash flows, where we explain changes in cash balances by looking at operating, investing and financing cash flows. We look at how a financial perspective can vary from an accounting perspective in each of these statements.

[@danr4668]

Very clear explanation! Thank you so much!

[@stuartthomas94]

My professor recommended your video & I am glad I watched! thank you for the video!

[@kwesiennison9028]

"I'm not a great friend of Accountants"

[@amirazamtarrahian3278]

Awsome!

[@dbsk06]

Damodaran is the man

[@danzz7583]

well funnily enough we're seeing leases being treated as debt obligations because of GASB - it might make its way to FASB soon

[@sawaria123]

I'd safely say if we're done with all his videos we're almost in par with the students who're in his full time course. In terms of theory.

[@parthsuneja7395]

Not to forget some thousands of dollars richer as well

[@raneena5079]

Yeah but Goldman Sachs wont hire you for $300+ per year, they hire his students

[@hongliliu6033]

At 13:45 between the first and second bullet point, I don't understand why the debt in point 1 creates the asset in point 2. Anyone helps me out here?

[@sjnvisuals6038]

if am not mistaken, A=L+E, since the leased property creates a new debt obligation(++L) , A increases too.

[@hongliliu6033]

@@sjnvisuals6038 Thanks!

[@ishmaelmusariwa458]

any link for the slides?

[@Lonesniper41]

Where u from

[@mwaikul]

Is it possible to get this slides Professor?

[@financewithrishabh8568]

I guess it is just better to take notes as you watch the videos. That way, you think twice about the ideas mentioned.