This advanced class teaches you how financial statements are built and how to read them to understand your business's true performance. You'll work through the Profit & Loss, Balance Sheet, and Statement of Cash Flows, then learn to track core KPIs and build a KPI scorecard. The course also covers analyzing, customizing, and saving reports, with hands-on "Your Turn" exercises to apply what you've learned.
You’ll learn how to…
Discover how financial statements are built
Understand accrual vs. cash accounting
Read the P&L, Balance Sheet, and Cash Flows
Track your core KPIs
Build a KPI scorecard
Analyze and interpret your reports
Customize and save reports
This class is included in all of our training plans
Self-paced
All training plans include instant and lifetime access to this course.
Next live class · with Bonnie Marotzke
Oct 7, 2026
Wed · 10:30 AM CT
This class prepares you for certification:
QBO Reporting Specialist
Course Content
13 lessons · 2 HANDS-ON exercises · 58 min
Financial Statements Introduction1:26
How Financial Statements are Built: Who, When, What, & How Much3:33
How Financial Statements are Built: Chart of Accounts4:41
Accrual vs. Cash2:19
Profit & Loss3:21
Balance Sheet4:49
Statement of Cash Flows4:24
Core KPIs2:45
KPI Score Card5:15
Reading & Analyzing Reports5:20
Customizing & Saving Reports9:23
Recap1:34
Your Turns Solutions: Financial Reporting & Analysis9:27
What learners say about this course
“I understand reporting very clearly and how they work. I also learned a lot of additional things such as KPI's and customizing reports to maximize my ability to utilize bookkeeping more easily.”
Abigail W.
“I can understand more of how reports can benefit the business and how to run and customize the reports I need”
Connie S.
“Reading Financial reports”
Dina N.
“create and understand how reports are created”
Tracey L.
Learner
Training only
1 user
$899.95
$599.95
30-day money back guarantee
Lifetime access to all included training
This course + 48 other courses
Live classes every weekday
Hands-on exercises
All future course updates
Optional Live 1-on-1 Help continues at $50/mo. Cancel anytime.
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Certification
Training + Certification
1 user
$999.95
$699.95
$1,099.95
$799.95
30-day money back guarantee
Lifetime access to all included training
Everything in Learner
Training for all 18 certification exams
18 QuickBooks certification exams
Practice exams and test prep
Optional Live 1-on-1 Help continues at $50/mo. Cancel anytime.
Team
Team Training + Certification
2-5 users
$1,799.95
$999.95
30-day money back guarantee
Lifetime access to all included training
Everything in Certification
Up to 5 users included
Certification for your team
Team progress tracking
Optional Live 1-on-1 Help continues at $90/mo. Cancel anytime.
