Reading Financial Statements course

In this course you learn to read and interpret a set of financial statements. You understand the balance sheet, the profit and loss account and key ratios, and you recognise flattered figures.

8.3 from 3 reviews 4,6 on Google NRTO quality mark

Free cancellation up to four weeks before the start, so feel free to book now.

For a team or department? Arrange your own group, at your premises or ours. In-company for your team

In brief. Reading Financial Statements is a 1-day classroom course. You can take it in Amsterdam, Utrecht, Rotterdam and Arnhem or online, in a group of no more than 8 participants. The price is € 625,- excl. VAT per participant, including course materials, lunch on location and a certificate of attendance. For a team or department we also deliver this course in-company.

  • Immediate insight into annual figures
  • You learn to see through accounting tricks
  • Stronger strategic decisions
  • Financial jargon explained clearly
  • You may bring your own financial statements
LuisGert

Your trainer: Luis or Gert 164 evaluations in total, averaging 8.9. View the trainers

Do you want to really understand the financial statements of your own company or those of another business? In this course you get to grips with the balance sheet, the profit and loss account and key figures. And you learn to recognise flattered figures.

Description

Would you like to be able to read and understand a set of financial statements, without working with finance on a daily basis? This course gives you accessible insight into how financial statements are structured and what the figures say about a company's financial performance.

You learn to interpret the balance sheet, income statement and notes, and you are introduced to the most important financial indicators and ratios. Financial jargon and difficult definitions are explained clearly, so that you can translate the figures into concrete insights and points for improvement for your organisation.

You will also look at the difference between commercial and fiscal annual figures and learn to recognise commonly used accounting and tax tricks, such as window dressing and profit management. This way you will know how to see through flattering figures and use the financial statements as a reliable basis for strategic decisions.

Topics

In the course Reading Financial Statements the following topics are covered:

  • What are financial statements and which forms are there?
  • Why and for whom are the financial statements important?
  • Which statutory requirements must the financial statements meet?
  • Which parts make up a set of financial statements (balance sheet, profit and loss account, notes, accounting policies) and how do you read them?
  • Financial indicators and ratios: which are there and what do they say about the financial position of the company?
  • Commercial versus tax-based annual figures: what is the difference?
  • Accounting and tax tricks: why are they used and how do you see through them (including window dressing and profit management)?
  • What is the role of the accountant?
  • How do financial statements help in making strategic decisions?

Result

After this course you know how a set of annual accounts is structured and you can read and interpret the balance sheet, income statement and notes. You know the difference between separate and consolidated annual accounts and you know which ratios appear in the annual report and what they mean.

You will recognise flattered annual figures and see through accounting and tax tricks such as window dressing and profit steering. You will know what the annual figures say about a company's financial performance and, on that basis, will be able to make well-founded strategic decisions to improve your own organisation.

Target audience

This course is intended for anyone who does not deal with financial issues on a daily basis but does have to take important decisions on the basis of annual figures. Think of directors and managers from marketing, HR, sales and IT, in-house counsel and lawyers, shareholders and investors.

Teaching method

During the course Reading Financial Statements you examine annual reports from a range of company types. You learn to recognise and understand the key financial indicators. Through short exercises and examples from your own working practice, you become familiar with the components of the annual accounts step by step.

Would you like to bring your own annual accounts? That's fine. There is plenty of scope to ask questions and discuss your own situation. You work in a small group under the guidance of an experienced trainer, so there is ample individual attention.

Prior knowledge

No specific prior knowledge is required for this course. A general interest in finance and the wish to understand annual figures better is enough. Whether you are a manager, lawyer, investor or entrepreneur: you can start straight away.

Comments

On completing the course you will receive a Learnit certificate of participation.

Practical information

Number of days
1 day
Course times
from 10 am to 5 pm
Teaching hours
6 hours
Education level
Suitable for all levels
Preparation time
None
Included
Course materials and lunch on site
Certificate
At the end of the course you will receive a certificate of attendance
Cancel
Free up to four weeks before the start (cancellation terms)

Language

The course is given in Dutch as standard. The trainer speaks English. English-language course materials can be used. If at least 3 participants register, the course can also be given entirely in English.

In-company

Would you like to organise this training for a whole group or several groups? This can be cost-effective. For example, we can tailor the content entirely to your organisation, and training a whole group is also cheaper.

Are you looking at large numbers of participants or a complete academy? That involves a great deal. Consider planning and communication, for example, or identifying and agreeing the objectives and content of the training. Or differences in level, feedback mechanisms and safeguarding. Fortunately, Learnit has extensive experience in this field (more than 25 years) and we are happy to help you through this process.

Request a quote More about Reading Financial Statements in-company

All start dates

1 training day. In order of date.

  • Wed 4 November 2026 Amsterdam · 10:00–17:00 Enrol
  • Wed 25 November 2026 Utrecht · 10:00–17:00Free cancellation until 28 October Enrol
  • Tue 22 December 2026 Utrecht · 10:00–17:00Free cancellation until 24 November Enrol
  • Wed 27 January 2027 Amsterdam · 10:00–17:00Free cancellation until 30 December Enrol
  • Wed 27 January 2027 Online · 10:00–17:00Free cancellation until 30 December Enrol
  • Mon 8 February 2027 Rotterdam · 10:00–17:00Free cancellation until 11 January Enrol
  • Thu 1 April 2027 Arnhem · 10:00–17:00Free cancellation until 4 March Enrol

No suitable start date? Send us a date request, and we'll look at the options together.

This course by city

This course for your team?

Plan your own group on a date that suits you, at your office, at our premises or online. We tailor the content to your day-to-day work, and training a whole group is cheaper than individual bookings.

  • Your date and location
  • Tailored content
  • Multiple groups or an academy are also possible
  • More than 25 years' experience
Request a quote No obligation, an adviser will be in touch shortly How in-company works

The trainers for this course

Ratings from participants after completing their course, across all courses by this trainer.

What others say about this course

8.3
Reading Financial Statements course: average 8.3 from 3 reviews

"A highly competent instructor, clear explanations and practical examples that were well explained."

Participant

“Understanding the components of the annual accounts better and also looking at them from a bank's point of view. Working with them more often so I can form a picture of where an organisation stands more quickly.”

P. Steur - HDD BV8.8

"A pleasant course in which you get a good impression of the highlights of annual reporting and annual accounts (accounting policies, balance sheet, P&L, cash flow statement) in two half-days. Plenty of scope for interaction and specific questions. You don't really do practice exercises, but in my view working out cases in detail is not the purpose of this course either. Given my background I already had quite a lot of prior knowledge and I mainly appreciated being able to refresh some theory here and there, dot the i's and put forward specific matters I have come across in my current work."

G. Cappon - CBS8.2

"Good, substantial training course; tailored to the participant's question."

Participant

"An interesting course, in which practical examples are discussed alongside the theory. Luis is a highly qualified trainer."

Participant

"A great course if you want to gain enough knowledge within a few hours to understand a set of annual accounts and interpret them in broad terms. Some financial insight is required - then it is a perfect fit."

Participant

Training formats

Classroom

1 day€ 625,-
  • Pleasant venue with a good trainer
  • Small groups
  • Inspiring and motivating
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Online

1 day€ 540,-
  • Online with a trainer
  • Personal
  • Practical and interactive
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In-company

Bespoke trainingOn request
  • 100% for your group
  • Bespoke training
  • At your place or ours
View in-company

Workshop

Up to 4 hours for groupsOn request
  • Suitable for events
  • Interactive and inspiring
  • Large groups too
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Private training

At our place or yoursOn request
  • 100% just for you
  • Achieve a lot in little time
  • Whenever you want
Request a quote

Frequently asked questions

Can I cancel free of charge?

Yes. Up to four weeks before the first day of the course you can cancel free of charge, without giving a reason. You then receive a credit note or, if you have already paid, a refund. If you cancel later, you pay part of the course fee: 25% between four and two weeks before the start, 75% in the two weeks before it and 100% in the final week. Moving to another start date is free of charge up to two weeks before the start, after that 50%. Sending a colleague in your place is always possible. Read the cancellation terms.

What prior knowledge do you need for the Reading Financial Statements course?
No prior financial knowledge is required for the Reading Financial Statements course. The course has been developed precisely for people who do not deal with finance on a daily basis, such as board members, managers from marketing, HR, sales or IT, in-house lawyers, solicitors, shareholders and investors. Financial jargon and difficult definitions are explained in plain language, so that you learn to read and interpret annual accounts from scratch.
Who is the Reading Financial Statements course suitable for?
The Reading Financial Statements course is intended for professionals who do not work with finance on a daily basis but who do have to make decisions based on annual figures. Think of directors and managers from marketing, HR, sales or IT, in-house lawyers, solicitors, shareholders and investors. You learn to read, interpret and see through a set of financial statements.
Which topics are covered in the Reading Financial Statements course?
In the Reading Financial Statements course you cover the balance sheet, the profit and loss account, the notes and the accounting policies. You learn to interpret financial indicators and ratios, the difference between commercial and tax-based annual figures, and how to spot accounting tricks such as window dressing. The statutory requirements, the role of the accountant and strategic decision-making based on annual figures are also covered.
Do you receive a certificate after the Reading Financial Statements course?
Yes, on completion of the Reading Financial Statements course you receive a certificate of participation from Learnit. This certificate confirms that you have successfully completed the classroom-based course and that you are able to read, interpret and analyse annual accounts. You can use the certificate to demonstrate your basic financial knowledge to an employer or client, or within your personal development plan.
Can the Reading Financial Statements course also be taken in-company?
Yes, the Reading Financial Statements course can also be taken in-company. This is useful if several colleagues want to learn at the same time how to read and interpret a set of financial statements. The programme is tailored to the practice of your organisation, so that the examples and exercises match your own annual figures. The classroom course ; for in-company you receive a tailored quote.
What is the difference between the Reading Annual Accounts course and a complete bookkeeping course?
The Reading Annual Accounts course focuses on interpreting existing annual figures, not on drawing them up yourself. You learn to understand the balance sheet, income statement, notes and accounting policies, to interpret financial indicators and to see through flattered figures (such as window dressing). A bookkeeping course, by contrast, teaches you how to process transactions, make journal entries and build up a set of annual accounts yourself. That This course lasts (classroom-based,) and is intended for people who take decisions on the basis of annual figures: board members, managers from marketing, HR, sales or IT, corporate lawyers, shareholders and investors. You do not need a financial background. Choose this course if you want to be able to read and analyse annual reports; choose a bookkeeping programme if you have to keep the books yourself.
When should you choose a classroom Reading Financial Statements course rather than a YouTube tutorial or e-learning?
A classroom course makes sense if you want to discuss financial statements from your own practice and learn to interpret them in a targeted way. At Learnit You may bring along your own financial statements and go through them together with the trainer. You will not get that from a YouTube tutorial or a standard e-learning. An intake takes place beforehand, so that the content matches your background and learning objectives. Tricks such as window dressing and profit steering are also covered, with direct feedback on your questions. For self-study, a book or online video will suffice if you only want to recognise concepts. If you want to learn to interpret your organisation's figures and underpin strategic decisions, a classroom course is more effective.
How do I know whether the Reading Financial Statements course offers enough depth for my role as an investor or supervisory board member?
The Reading Financial Statements course focuses on interpreting annual figures, not on drawing them up yourself. For investors, shareholders and supervisory directors that is usually exactly what you need: you learn to get to grips with the balance sheet, the profit and loss account and the notes, to interpret financial indicators and to recognise flattered figures (such as window dressing and earnings management). The difference between commercial and tax-based figures and the role of the accountant are also covered. The course lasts If you want to go deeper into the valuation models (DCF, multiples, due diligence), this is a good basis but not an end point. For strategic decision-making based on annual figures it is generally sufficient, partly because you may bring along your own financial statements.
Can I bring in my own annual report or that of my employer during the Reading Financial Statements course?
Yes, you may bring your own financial statements to the course. During the training day the trainer uses annual reports from various types of companies as examples, but there is explicit room to discuss your own figures. Beforehand there is an intake in which you indicate your background and learning objectives; the programme is fine-tuned on that basis and on the composition of the group. In practical terms this means you can ask questions about specific items on your balance sheet, ratios from your profit and loss account or notable notes to the accounts. This works best with financial statements of a Dutch company drawn up in accordance with Title 9 of Book 2 of the Dutch Civil Code. For highly specialised sectors (banks, insurers, housing associations) with different reporting rules, a separate sector-specific course is more suitable.
How does this Reading Financial Statements course relate to what an accountant or controller does day to day?
The Reading Financial Statements course teaches you to interpret financial statements as a user, not to prepare them as a preparer. You learn to interpret the balance sheet, the profit and loss account and the notes, to recognise ratios and to see through flattered figures. These are skills a controller or accountant also has, but acquired as part of a multi-year programme (RA, AA or post-HBO controlling). An accountant audits and prepares; you, as a board member, lawyer, investor or shareholder, learn to ask the right questions and to take strategic decisions based on the figures. The role of the accountant is also covered, so you know what assurance an audit opinion provides. The course is taught in a classroom setting. Suitable if you need to understand financial documents but do not want to become a financial specialist.
What do you learn in this course about recognising flattered or 'window-dressed' annual figures?
The Reading Financial Statements course explicitly addresses how companies can present their annual figures in a more favourable light. You learn to recognise the most commonly used accounting and tax tricks, including window dressing and earnings management. Specifically, we cover techniques relating to valuation policies, provisions, revenue recognition and the difference between commercial and tax-based annual figures. You learn why these constructions are used and how, as a reader, you can see through them. The role of the accountant is also covered: what does an unqualified opinion say, and what does it not say? This module is particularly relevant if you take investment decisions, assess companies or exercise supervision. You come away with a practical checklist for reading annual reports critically.
What does the Reading Annual Accounts course cost and how long does it take?

You can find the current price at the top right of this course page, along with the schedule, location and delivery format. For in-company or bespoke courses we are happy to provide a quotation on request.

Next start: Wed 4 November 2026 in Amsterdam

Free cancellation up to four weeks before the start, so you can secure a place now.

€ 625,-excl. VAT · next start Wed 4 Nov
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