Outschool
Open currency, time zone, and language settings
Log In

Accounting Made Simple 3 Day Camp: Understanding Financial Statements and Ratios

In this 3 day course, learners will learn basic accounting concepts, main financial statements and key accounting ratios.
Melissa Bissoondath
Average rating:
4.8
Number of reviews:
(100)
Class

What's included

3 live meetings
3 in-class hours

Class Experience

This multiday course is fun, interactive, simplified and very educational. No prior knowledge of accounting is required. 

The course will be broken down as follows:-

Week 1 - Understanding Financial Statements: The Balance Sheet
Students will learn about the elements of a balance sheet, that is, assets, liabilities and equity/net worth and be able to classify items into various categories. 
Students will practise preparing a balance sheet using a practical example.   

Week 2 - Understanding Financial Statements: The Income Statement
Students will learn about the elements of an income statement and be able to classify items into income and various categories of expenses.
Students will practise preparing an income statement using a practical example. 

Week 3 - Financial Ratios
Students will learn about key financial ratios, what they mean and how to calculate them.

All teaching will be done via Google Slides/Power Point Presentation. Short You Tube videos will be embedded in each presentation. Learners do not need to create a You Tube account and content will be age appropriate.

Learning Goals

At the end of this multiday course, students will:-
1. Learn about the elements of a balance sheet and an income statement; 
2. Be able to classify items into various categories: assets and liabilites, income and expenses;
3. Practise preparing a balance sheet and income statement using practical examples;
4. Learn about key financial ratios, what they mean and how to calculate them.
learning goal

Other Details

Parental Guidance
Short You Tube videos will be embedded in each presentation. Learners do not need to create a You Tube account and content will be age appropriate.
External Resources
Learners will not need to use any apps or websites beyond the standard Outschool tools.
Joined April, 2020
4.8
100reviews
Profile
Teacher expertise and credentials
Hello. My name is Miss Melissa. I teach Idea Generation classes to spur creative thinking, Business Entrepreneurship, Math, Accounting and English. I have 7 years of teaching experience, having worked as a University Lecturer teaching Business Entrepreneurship and Statistics, as well as, a Business Workshop Facilitator and coach, teaching Accounting, Market Research and Business Pitch to persons interested in starting up businesses. I have mentored hundreds of persons of varying ages in transforming innovative ideas into reality.

My classes have always been highly interactive, engaging and super fun. I incorporate interesting exercises and games to test materials taught as I believe this is the best way for students to remember and apply what they have learnt. My classroom is a safe place for students to make mistakes as this is all part of the learning process.

When I am not teaching, I enjoy travelling to new countries, listening to music and outdoor activities. I am a huge fan of roller coaster and thrill rides. I cannot wait to meet you in my class.

Reviews

Live Group Class
Share

$14

weekly
1x per week, 3 weeks
60 min

Completed by 8 learners
Live video meetings
Ages: 13-18
2-12 learners per class

This class is no longer offered
About
Support
SafetyPrivacyCA PrivacyLearner PrivacyYour Privacy ChoicesTerms
Financial Assistance
Get The App
Download on the App StoreGet it on Google Play
© 2025 Outschool