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Concepts and Tutorials
Beginner's Guide to Financial Statements
(http://www.sec.gov/investor/pubs/begfinstmtguide.htm) - This brochure from the U.S. Securities and Exchange Commission is designed to help you gain a basic understanding of how to read financial statements, including balance sheets, income statements, and cash flow statements
Financial Analysis and the Statement of Cash Flows
(http://www.principlesofaccounting.com/chapter-16/) - Covers tools for financial statement analysis, evaluating cash flow, and preparing the cash flow statement. Use tabs above to access various types of interactive exercises and key terms.
Financial Reporting and Concepts
(http://www.principlesofaccounting.com/chapter-15/) - Discusses special reporting situations, earnings per share, other key indicators, and more. Use the tabs across the top to access a variety of interactive exercises and key terms.
Financial Reporting and GAAP Rules
(http://www.dwmbeancounter.com/tutorial/theorybook.html) - Tutorial provided by Bean Counter. Generally Accepted Accounting Principles (GAAP) are the accounting rules used by companies (public and private) to prepare financial statements. Special rules apply to local and state governments and are determined by the Governmental Accounting Standards Board (GASB).
(http://www.dwmbeancounter.com/financial-statements.html - Click on Lesson 6 for an explanation of the various types of financial statements, one of the lessons on the Bean Counter website.
Reading & Understanding Financial Statements
(https://www.newkirk.com/pdf_forms/ruf_pp.pdf) - This brochure provides an overview of five financial statements: balance sheet, income statement, statement of cash flow, statement of comprehensive income, and statement of stockholders' equity. It then goes into more detail for each, with examples.
A Simple Guide to Your Company's Financial Statements
(https://www.illinois.gov/dceo/SmallBizAssistance/BeginHere/Documents/ILSBDC_NewGround_FinancialStatements_Sept2013.pdf) - This booklet from the Illinois Small Business Development Center, describes how to read balance sheets, income statements, cash flow statements, and ratios.
Professor Bean Counter's Mini Lectures
(https://www.youtube.com/playlist?list=PLuARbs1Yww_uTWsyQh95xe7rMrZA41qtB) - These 12 mini lectures last approximately 35 minutes in total. Each short video presentation on accounting and bookkeeping topics is accompanied by a written transcript.
The Reporting Cycle
(http://www.principlesofaccounting.com/chapter-4/) - Discusses the preparation of financial statements, the accounting cycle, and classified balance sheets. Use the tabs across the top to access various interactive exercises and key terms.
Understanding the Income Statement
(http://www.investopedia.com/articles/04/022504.asp) - A guide to understanding the components of the income statement. Includes a sample income statement.
Games, Exercises, and Quizzes
Balance Sheet Crossword Puzzles
(http://www.accountingcoach.com/balance-sheet/crossword-puzzles) -Two balance sheet crossword puzzles from the Accounting Coach. Select "Open Online" for the free version. Puzzles can be completed online and the solution is provided.
Balance Sheet Quiz
(http://www.accountingcoach.com/balance-sheet/quiz) - 24 multiple choice and true/false questions from the Accounting Coach website. A word scramble and crossword puzzle is also available.
Balance Sheet Word Scramble
(http://www.accountingcoach.com/balance-sheet/word-scrambles) - Test your knowledge of balance sheet terminology with this word scramble from Accounting Coach.
Cash Flow Statement Crossword Puzzles
(http://www.accountingcoach.com/cash-flow-statement/crossword-puzzles) - Three cash flow statement crossword puzzles from Accounting Coach. Choose "Open Online" for the free version. Complete puzzle online; solution is provided.
Cash flow Statement Quiz
(http://www.accountingcoach.com/cash-flow-statement/quiz) - 33 multiple choice questions to test your knowledge of the cash flow statement, from Accounting Coach. Crossword puzzles and word scramble also available.
Cash Flow Statement Word Scramble
(http://www.accountingcoach.com/cash-flow-statement/word-scrambles) - Test your knnowledge of cash flow statement terminology with this word scramble from Accounting Coach.
Income Statement Crossword Puzzles
(http://www.accountingcoach.com/income-statement/crossword-puzzles) - Choose from three crossword puzzles. Select "Open Online" for the free version. These can be worked online and the solution is provided.
Income Statement Quiz
(http://www.accountingcoach.com/income-statement/quiz) - 20 multiple choice and "yes/no" questions from Accounting Coach. A crossword puzzle and word scrambleis also available.
Income Statement Word Scramble
(http://www.accountingcoach.com/income-statement/word-scrambles) -Test your knowledge of income statement terminology with this word scramble fro Accounting Coach.
Interpreting the Balance Sheet Quiz
(https://www.khanacademy.org/economics-finance-domain/core-finance/accounting-and-financial-stateme/financial-statements-tutorial/e/interpreting-the-balance-sheet) - An interactive quiz from Khan Academy
Interpreting the Income Statement
(https://www.khanacademy.org/economics-finance-domain/core-finance/accounting-and-financial-stateme/financial-statements-tutorial/e/interpreting-the-income-statement-2) - An interactive quiz from Khan Academy.
Test Yourself - Quizzes, Crossword Puzzles, and Word Scrambles
(http://www.accountingcoach.com/test-yourself) - Quizzes, crossword puzzles, and word scrambles for all accounting and bookkeeping topics on the Accounting Coach website