Free Financial Statement Reading Learning Path
The statement desk

GOAL
Reconcile a simplified income statement and balance sheet, calculate three ratios and write a cautious interpretation.

START
Read workbook.html, inspect case-data.csv, complete the five stage outputs, then the capstone. Use evidence-log.csv to record only actions actually performed.

CASE
The fictional Cedar Services case has revenue 12,000, direct costs 7,000, operating expenses 3,000 and no tax or financing items. Its closing assets are cash 2,000, receivables 3,000, inventory 1,000 and equipment 4,000. Liabilities are 4,000 and equity 6,000; current liabilities are 2,500.

TOOLS
Basic arithmetic. No accounting software or real company records are required.

LOCAL COMMANDS / OPENING
Open workbook.html in a browser; complete the case-specific worksheets in your preferred free editor or on paper.

ASSESSMENT
Score at least 80/100, supply every required artifact, and satisfy the path-specific critical condition. Rework missing evidence before marking complete.
Critical condition: Statements reconcile and cash availability is not inferred directly from revenue or the current ratio.

SOURCE COURSES
Accounting Fundamentals: Free Course — https://wikifree.com/courses/free-cfi-accounting-fundamentals/
Financial Analysis Fundamentals: Free Course — https://wikifree.com/courses/free-cfi-financial-analysis-fundamentals/

RIGHTS AND SCOPE
Original WikiFree teaching case and exercises. All case data are synthetic. Provider lessons are linked, not redistributed. No certificate, real project delivery or unperformed runtime test is claimed.
