Part I

Getting Started with Reading Financial Reports

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In this part…

• Explore the types of financial reports and get to know the key financial statements.
• Discover business types and their tax rules, including sole proprietorships, partnerships, and limited liability companies.
• Differentiate between public and private companies, and understand what it means when a company decides to go public.
• Understand accounting basics – enough to understand different kinds of profit, and to distinguish debits from credits.