How to Read Financial Statements (Example) 

Hopefully you know that there are 3 financial statements (see below for links to videos explaining each). This video provides a financial statement example for each of the types of financial statements: the balance sheet, income statement, and statement of cash flows. By understanding how to read your company financials, you’ll be able to make decisions more easily and with greater confidence… and it’s not as hard as you think!
📊📞For help with your ecommerce accounting needs, book a free consultation with sales here: acuity.co/ecommerce-accountin...
🕰️Timestamps:
0:00: Intro
0:41: Balance Sheet
5:51: Income Statement
9:31: Statement of Cash Flow
💡✔️Helpful Resources
Understanding Financial Statements | Balance Sheet Explained ►
• Understanding Financia...
Understanding Financial Statements Part 2 | Income Statement Explained ►
• Understanding Financia...
Understanding Financial Statements Part 3 | Statement of Cash Flows Direct Method Explained ►
• Understanding Financia...
Understanding Financial Statements Part 4 | Statement of Cash Flows - Indirect Method Explained ►
• Understanding Financia...
If you want to learn more about financial statements, check out these videos: • James Webb: How to Rea... and • Business Profit Maximi...
🚀🚀 New to Acuity Ecommerce Accounting? Well, let me tell you a little bit about us. We’re here to make ecommerce businesses better.
Acuity Ecommerce Accounting was co-founded by Patti Scharf (CPA).
At Acuity, we specialize in providing accounting and online bookkeeping services tailor-made for ecommerce entrepreneurs. With a team of dedicated experts, we've become the trusted financial backbone for over 2,000 entrepreneurs.
We empower you to scale your business efficiently, make more informed business decisions, and free up valuable hours in your week.
To level up your ecommerce accounting, contact us here: acuity.co/ecommerce-accountin...
💙★💻 SUBSCRIBE TO US ON RU-vid 💻★💙 / @acuityecommerce
We've been focused on ecommerce accounting since 2012. Now we've brought our knowledge and experience to RU-vid to help share important ecommerce, accounting, and business information with everyone who's looking for it. Think that might be you? Then please subscribe!
💙★💻 LET’S CONNECT 💻★💙
You can also check out our website for updates, videos, and special announcements.
► acuity.co/ecommerce-accountin...
💙★💻 FOLLOW US! 💻★💙
Facebook: acuity.co/?u...
Twitter: @Acuity_co (bit.ly/48olcHi)
Instagram: acuity.co?...
TikTok: www.tiktok.com/@acuity_co?utm...
LinkedIn: www.linkedin.com/company/acui...