Understanding Financial Statements is an introductory course in financial reporting that develops a clear and structured understanding of the fundamental concepts of accounting and finance. It offers a practical introduction to financial statements for those who want to understand how business results are created and what the numbers behind them actually mean.
Time
Sep 1, 2026 - Dec 11, 2026
Capacity
6 ECTS (156 academic hours, of which 48 in classroom and 108 individual work)
Study Level
Current course belongs to Bachelor's study level
Language
The lectures and study materials are in English.
Method
In class - Students meet with the instructor in class at regularly scheduled times.
Price
€880
Location
EBS University, A.Lauteri 3, Tallinn
This course is designed for professionals who need to understand financial information in their daily work. It is particularly suitable for:
No prior accounting experience is required.
Participants who complete the course will receive a continuing education certificate with ECTS credits.
The course combines lectures, practical exercises. Participants work on practical tasks, analyse financial data, and complete case-based assignments in small groups.
The course consists of weekly sessions held from 10:15 AM to 1:30 PM (tentatively). The final schedule will be confirmed in June. The course will take place in person; no online sessions are planned.
Understanding Financial Statements starts at Sep 1, 2026
Aet Toots obtained an MBA degree majoring in accounting and finance at EBS in 2003. The courses taught include Understanding Financial Statements, Accounting for Managerial Decision, Financial Reporting, and Financial Communication. She has gained international experience by teaching at Aix-Marseille University in France, EBS Helsinki in Finland and Oxford Brookes University in the UK. She has been involved in academic programme development and has held a middle-level managerial position as the Head of the Language Centre at EBS.
Professional publications: Estonian Scientific Information System
Understanding Financial Statements
01.09.2026 - 11.12.2026
The course consists of weekly sessions between September and December 2026. The final schedule will be confirmed in June.
Applications are open until 25.08.2026
Registration for the course opens on 1 July.
If interested, contact us and we will send you an early reminder.
Ask our specialist for advice!
If you have extensive work experience in the business field or in a management role and would like to develop your ability to use financial information in business decision-making, the master’s-level course “Financial and Management Accounting” may be a better fit for you.
The course focuses on analyzing a company’s financial performance and on using financial information to make management decisions. .
