Skip to main content

Introduction to Financial Statements in Power BI

Discover how to use the income statement and balance sheet in Power BI

Start Course for Free
4 Hours13 Videos38 Exercises

Create Your Free Account

GoogleLinkedInFacebook

or

By continuing, you accept our Terms of Use, our Privacy Policy and that your data is stored in the USA.

Loved by learners at thousands of companies


Course Description

Analyzing financial statements is an important part of understanding the firm's financial health.

Examine financial statements

In this course, we will examine the financial statements of a fictitious automotive company, Larry's Automotive.

Analyze Income Statements and Balance Sheets

We will focus our analysis on the income statement and balance sheet. You will use data visualization to create custom dashboards for the firm's financial information, which will help you identify trends, KPIs, and errors.

Calculate KPIs

In addition to calculating key performance measures, such as COGs and EBITDA, we will spend time determining key profitability ratios, like profit margin. These skills will put you on a good path to becoming a financial analyst.
  1. 1

    The Evolution of the Financial Statement

    Free

    In this chapter, you'll learn the components the balance sheet and income statement and see how they are derived from the accounting equation. With this information, you will examine these financial statements using DAX and creating key measures.

    Play Chapter Now
    The balance sheet
    50 xp
    Accounting equation classification
    100 xp
    Getting to know the balance sheet
    50 xp
    Getting ready for financial statements
    100 xp
    Detecting balance sheet trends
    100 xp
    Balance sheet errors
    100 xp
    The income statement
    50 xp
    Account classifications
    50 xp
    Getting to know the income statement
    50 xp
    Examining EBITDA
    100 xp
    Profit analysis
    100 xp
    Sales analysis
    100 xp
  2. 2

    Budgetary Planning

    Budgetary and Forecast planning plays a key role in the financial well-being of a company. By calculating and visualizing the budget, forecast and variance, you will learn how to detect valuable business trends.

    Play Chapter Now
  3. 3

    Company Performance and Financial Analysis

    Performance ratios are financial ratios and other information, that allows a company to determine how well they are doing. You will learn liquidity ratios and how they indicate a firms debt obligation and firm risk.

    Play Chapter Now

Datasets

DataCamp vs. Local ExperienceExercises and Datasets

Collaborators

Collaborator's avatar
Carl Rosseel
Collaborator's avatar
Jess Ahmet
Collaborator's avatar
Iason Prassides
Nikisha Alcindor HeadshotNikisha Alcindor

Managing Partner of Stater AI Fund

Nikisha D. Alcindor is the Managing Partner of Stater AI Fund. She is a data scientist who specializes in Artificial Intelligence and has 20 years of investing and fundraising experience. Nikisha conducts research that uses artificial intelligence to provide insights on patterns in mergers & acquisitions that are applied to deal restructuring and corporate valuation. She holds an M.B.A. in Finance from Columbia University Graduate School of Business and is the founder of the STEM Educational Institute, Inc.
See More

What do other learners have to say?

Join over 12 million learners and start Introduction to Financial Statements in Power BI today!

Create Your Free Account

GoogleLinkedInFacebook

or

By continuing, you accept our Terms of Use, our Privacy Policy and that your data is stored in the USA.