BUS103: Introduction to Financial Accounting

This video demonstrates how transactions lead to the creation of financial statements. Vendors, creditors, and investors are only a few of the people who look at and analyze the company's financials. A company's financial statements distill all the economic activities of a company into summarized documents. Learning how to read and analyze financial statements can help you when choosing a company to work for, assessing the long-term prospects of your own company, choosing a company to invest in, and understanding the financial health of companies that play a big role in the community you live in.