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Financial Statement and Decision Analysis

Financial Statement


EduOlc Team

Summary

Price
£69 inc VAT
Or £23.00/mo. for 3 months...
Study method
Online, On Demand What's this?
Duration
7.1 hours · Self-paced
Qualification
No formal qualification
Certificates
  • Reed courses certificate of completion - Free

Overview

This course will teach you the fundamentals of financial statement and decision analysis, with a focus on the balance sheet. One of the most basic qualities in the corporate world is the ability to assess a company’s results. And, let’s be honest, it’s not easy. It necessitates an in-depth knowledge of shareholder preferences, performance, liquidity, risk control, and operational quality.

Curriculum

57
sections
57
lectures
7h 6m
total

Course media

Description

This course is designed to teach this dynamic analysis in the most straightforward manner possible. To get started, you don’t need any accounting or finance experience. The course explains the basic material of financial statement in a clear and important context by visiting a real enterprise and interviewing real business people. The course’s aim is to leave students with a lasting understanding of what a balance sheet is and what it shows. This training is aimed at non-financial mid- to senior-level executives from all sectors and functional areas. This course would benefit executives in communications, distribution, human resources, manufacturing, or engineering, as well as general managers who have been advanced along these paths, through their knowledge of financial analysis. After completing the program, you will be better able to communicate the financial goals and performances of your department within your organization as well as to outside sources. So, at the end of this course, you won’t just know how to read financial statements in general; you’ll also know how to relate it to your own company’s financial statements, giving you a much greater view of your own company’s financial success and what you can/need to do to either sustain or enhance it.

Skills You Will Master:

  • Vertical and horizontal analysis – In this section we will see vertical and horizontal analysis of an income statement results in every income statement amount being restated as a percent of net sales.
  • Cash flows and asset efficiency – In this section we will learn Cash flow on total assets is an efficiency ratio that rates actually cash flows to the company assets without being affected by income recognition or income measurements.
  • Understanding annual report – In this topic we will see how every company is required by law to prepare a report for shareholders, which provides the details of the performance of the company over the year.
  • Balance sheet horizontal – In this section we will learn that horizontal balance sheet uses extra columns to present more detail about the assets, liabilities, and equity of a business.
  • Income statement analysis – In this topic we will see how income statement analysis is used to determine how individual line items relate to each other.
  • Cash flow – In this topic we will see how cash flow is calculated by making certain adjustments to net income by adding or subtracting differences in revenue, expenses, and credit transactions.
  • DuPont analysis – In this section we will see the multi-step financial equation that provides insight into a business’s fundamental performance.

Who is this course for?

  • Finance students, managers, accountants or anyone who wants to upgrade their skill in the area of accounting.
  • Learn this course if you want to understand the principles and concept of costing.

Requirements

  • No prior accounting knowledge is necessary to learn this course.
  • Basic fundamentals of Mathematics will help.

Questions and answers

Currently there are no Q&As for this course. Be the first to ask a question.

Certificates

Reed courses certificate of completion

Digital certificate - Included

Will be downloadable when all lectures have been completed

Reviews

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FAQs

Study method describes the format in which the course will be delivered. At Reed Courses, courses are delivered in a number of ways, including online courses, where the course content can be accessed online remotely, and classroom courses, where courses are delivered in person at a classroom venue.

CPD stands for Continuing Professional Development. If you work in certain professions or for certain companies, your employer may require you to complete a number of CPD hours or points, per year. You can find a range of CPD courses on Reed Courses, many of which can be completed online.

A regulated qualification is delivered by a learning institution which is regulated by a government body. In England, the government body which regulates courses is Ofqual. Ofqual regulated qualifications sit on the Regulated Qualifications Framework (RQF), which can help students understand how different qualifications in different fields compare to each other. The framework also helps students to understand what qualifications they need to progress towards a higher learning goal, such as a university degree or equivalent higher education award.

An endorsed course is a skills based course which has been checked over and approved by an independent awarding body. Endorsed courses are not regulated so do not result in a qualification - however, the student can usually purchase a certificate showing the awarding body's logo if they wish. Certain awarding bodies - such as Quality Licence Scheme and TQUK - have developed endorsement schemes as a way to help students select the best skills based courses for them.