Week 5: Financial Terminology & Reporting

Overview

This week focuses on financial statements and reports structure and purpose, balance sheet terminology and components, income statement (profit/loss) vocabulary, and financial performance indicators.

Topics Covered

Financial statements and reports: structure and purpose
Balance sheet components and terminology
Income statement (profit/loss) components and terminology
Financial performance indicators

Class Activities for the Week

Course Period 1 (2 hours)

Assignment introduction: Company Financial Report (Partial Exam 1)
Introduction to financial reporting in business
Class activity: Analysis of balance sheet and income statements
Group work: Key terminology from financial statements

Course Period 2 (2 hours)

Workshop: Interpreting financial information
Case study: Analyzing a company’s financial health through its reports

Independent/Group Assignments (and Point Totals)

Assignment: Company Financial Report (Partial Exam 1) (10 points)
- Select a public company with available financial statements
- Prepare report of key financial information
- Create a financial terminology mini-glossary specific to your chosen company
- Due date: End of week
Class attendance and participation (2 points)

Learning Resources

Example financial statements
Financial terminology dictionary

📥 Download this Content

Find this file on our repo and download it.

🤖 GAI Study Prompts

Copy the downloaded content and try it with these prompts:

“Help me analyze a company’s financial statements and identify key terminology”
“What are the main differences between balance sheets and income statements?”
“Create a study guide for financial performance indicators and their meanings”
“Generate practice scenarios for interpreting financial health from company reports”

Ready to dive deeper? Explore the specific activities and resources for this week below.