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CFA BOOK 3 FINANCIAL STATEMENT ANALYSIS an INTRODUCTION Form

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Hello i'm James you're watching Accounting Stuff and today we're covering Financial Ratios I'll explain what Financial Ratios are we'll break them down into five main groups and then I'll show you how to work out 25 Financial Ratios in 25 minutes ambitiousI know but we've got this! Before we get started I want to say a big thanks to all my channel members your support is always appreciated thank you. Financial statements! Financial Ratio Analysis begins with Financial Statements accounting reports that summarize the financial activities and performance of a business. The three main financial statements are the Income Statement, the Balance Sheet and the Cash Flow Statement. However, we can work out most Financial Ratios using only the Income Statement and the Balance Sheet. The Income Statement looks like this. It gives us a summary of a business's revenues and expenses

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