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Understanding Financial Statements in 10 Minutes

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Hi there! Have you ever looked at a financial statement and felt like you were staring at a completely different language? Don’t worry—you’re not alone! When I first started learning about financial statements, I found them intimidating too. But once I broke them down into simpler parts, it all made sense. In this guide, I’ll help you understand the basics of financial statements in just 10 minutes. Let’s dive in! What Are Financial Statements? Financial statements are like a report card for a business. They show how the company is performing financially and help stakeholders—like you—make informed decisions. There are three key financial statements you need to know: Income Statement Balance Sheet Cash Flow Statement By the end of this article, you’ll have a clear understanding of each one. 1. Income Statement: Profit and Loss Overview When I first saw an income statement, I learned to think of it as a story about how much money a business makes (revenue) and spends (expenses). Key com...
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About Me: Welcome to Tutor Amaki Academy!

Hi there! I’m Noah Amaki, the founder of Tutor Amaki Academy. I’m an experienced teacher, a passionate educator, and a lifelong learner. With over 14 years of teaching experience and a Master’s degree in Accounting, I’ve had the privilege of guiding students of all ages—from basic education to university-level accounting.

At Tutor Amaki Academy, my mission is simple: to make accounting and finance accessible to everyone. Whether you're a student preparing for exams, a small business owner looking to manage your finances, or just someone curious about the world of numbers, I’m here to help you learn, grow, and succeed.

I’ve always believed that education is a powerful tool for empowerment. That’s why I started this blog—to share practical tips, simplified explanations, and real-world insights that anyone can use.

When I’m not writing or teaching, you can find me exploring new ways to make learning fun, creating content for my YouTube channel, or diving into a good book.

Thank you for stopping by! Feel free to explore the blog, share your thoughts, or reach out—I’d love to hear from you. Together, let’s unlock the potential of education and finance!

Warm regards,
Noah Amaki

Founder, Tutor Amaki Academy 

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Understanding Financial Statements in 10 Minutes

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Hi there! Have you ever looked at a financial statement and felt like you were staring at a completely different language? Don’t worry—you’re not alone! When I first started learning about financial statements, I found them intimidating too. But once I broke them down into simpler parts, it all made sense. In this guide, I’ll help you understand the basics of financial statements in just 10 minutes. Let’s dive in! What Are Financial Statements? Financial statements are like a report card for a business. They show how the company is performing financially and help stakeholders—like you—make informed decisions. There are three key financial statements you need to know: Income Statement Balance Sheet Cash Flow Statement By the end of this article, you’ll have a clear understanding of each one. 1. Income Statement: Profit and Loss Overview When I first saw an income statement, I learned to think of it as a story about how much money a business makes (revenue) and spends (expenses). Key com...
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