Financial Statements and Analysis
Units: 6
This course provides an overview of how managers and executives utilize accounting and finance to make decisions.
The course will begin by gaining an understanding of the financial reporting process and the organizations that govern financial accounting. We will learn key terms relevant to the main financial statements and how data flows through to connect the statements. After understanding key components of the various financial statements, we will utilize ratio and variance analysis to determine a company's financial position.
Expanding on our financial analysis we will cover various budgeting methods for capital investment decisions.
At the end of this course, you should be able to:
-Describe financial governance in the accounting industry and locate financial information for publicly traded companies.
-Define, classify and perform calculations on various accounts on the balance sheet, income statement and cash flow statement.
-Perform ratio and variance analysis on financial statements to identify trends and areas of concern for a company.
-Calculate and select capital investment projects utilizing a variety of different capital budgeting methods.
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