Introduction to Financial Statements in Power BI
Discover how to use the income statement and balance sheet in Power BI
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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
The Evolution of the Financial Statement
FreeIn 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.
The balance sheet50 xpAccounting equation classification100 xpGetting to know the balance sheet50 xpGetting ready for financial statements100 xpDetecting balance sheet trends100 xpBalance sheet errors100 xpThe income statement50 xpAccount classifications50 xpGetting to know the income statement50 xpExamining EBITDA100 xpProfit analysis100 xpSales analysis100 xp - 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.
Budgetary planning50 xpThe benefits of budgeting50 xpBudget analysis in Power BI50 xpVariance100 xpFinding trends100 xpCloser look100 xpForecast trend analysis100 xpBudgeted and forecasted income statement50 xpThe importance of COGS50 xpIncome statement budgeting and forecasting50 xpGross profit100 xpGeographic analysis100 xpProfit forecasting100 xp - 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.
Liquidity ratios50 xpRatio analysis50 xpLiquidity dashboard50 xpLiquidity analysis100 xpRatio visualization100 xpThe bigger picture100 xpProfitability analysis50 xpLiquidity vs Profitability100 xpProfit dashboard50 xpGeneration of sales100 xpReturn on assets100 xpConnecting the dots100 xpCongratulations!50 xp
Collaborators
Nikisha Alcindor
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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.
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