Description: In today's business world, financial acumen is expected at every organizational level. A general knowledge of financial analysis is essential for understanding the financial implications of any activities. Financial analysis helps you understand your organization's financial standing, how it got there, and its strengths and weaknesses. This course covers some of the methods for analyzing financial statements from the perspective of a non-financial professional. In this course, you'll learn about using common financial ratios for profitability, efficiency, liquidity, and solvency in your analysis. In addition to ratios, the course covers percentage calculations specifically for Horizontal Analysis and Vertical Analysis.
Target Audience: Non-financial professionals who wish to gain an understanding or refresh their knowledge of finance and accounting
Duration: 00:30
Description: The focus of any business is to make a profit, generate enough cash to operate effectively, and be financially viable. Financial statements are used to track a business's financial information. There are three basic financial statements used for this purpose: the Income Statement, the Cash Flow Statement, and the Balance Sheet. In this course, you will learn about each of the three financial statements, their reporting requirements, and how information is arranged within them. You will also examine a few examples of financial statements and explore how each financial statement relates to the others.
Target Audience: Non-financial professionals who wish to gain an understanding or refresh their knowledge of finance and accounting
Duration: 00:29
Description: It's not only the Finance department that needs to understand budgeting and finance essentials. Given the importance of finance for non-finance professionals, it's in everyone's best interest to have some basic knowledge of one of the most important aspects of business finance – budgeting.
In this course, you'll learn to identify the characteristics of an effective budget, the stages in planning one, and how to distinguish between budgets types. You'll also explore budgeting concepts and techniques such as historical and zero-based budgeting, variance analysis, capital budgeting, and performing budgeting calculations.
Target Audience: Non-financial professionals who wish to gain an understanding or refresh their knowledge of finance and accounting
Duration: 00:28
Description: Finance and accounting are at the heart of every business. Even if your role isn't directly related to finance, your activities may still have financial implications.
This course explains the basics of finance for non-finance professionals, and covers key accounting and finance essentials and concepts: the basic accounting equation, accrual-based accounting, and basic accounting principles. It explores business finance, including how business transactions affect financial statements and the bottom line. You'll walk through the four-step accounting process, and you'll learn the fundamental principles of cash flow management and the four types of financial risk.
Target Audience: Non-financial professionals who wish to gain understanding or refresh their knowledge of finance and accounting
Duration: 00:30