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Description

The purpose of this course is to teach you how to perform detailed financial analysis of a business’ (or your company’s) financial situation. This is Intro to Financial Analysis but covers the main topics of Cost / Managerial Accounting.
This course will show you where to focus your analysis and energy but will require you to dig into the financial--both the actual transactions and budget--to come up with the reason why things are happening.
We will work through this Google Sheet together (see course for link).
What You Will Learn
Understanding costs and profit
The difference between variable costs and fixed costs
Contribution/Unit Margin, Total Margin or Profit
Understanding break-even
How many units do I need to sell to make sure I’m not losing money?
Difference between profit and cash
Why is cash king?
Basics of budgeting and forecasting for a business
Should I start this business?
Basics of variance analysis
Why didn’t I make as much money as I thought I would have?
Who this course is for:
Beginner Finance and Accounting Students

What you'll learn

Learn how to perform Financial Analysis

Basics of Cost / Managerial Accounting

Learn how to perform variance analysis

Learn how to perform scenario analysis

Learn how to determine if a business is profitable and why

Requirements

  • You will need a copy of Adobe XD 2019 or above. A free trial can be downloaded from Adobe.
  • No previous design experience is needed.
  • No previous Adobe XD skills are needed.

Course Content

27 sections • 95 lectures
Expand All Sections
1-Introduction
2
1.1-Introduction
1.2-What you will learn
2-Definitions to Know
1
2.1-Finance Definitions to Know
3-Example 1 - Understand Break-Even
1
3.1-Example 1 - Google Sheet
4-Example 2 - Budgeting and Forecasting for a Business
2
4.1-Case Study
4.2-Walk through Example
5-Variance Analysis
2
5.1-Definitions to Know
5.2-Example Walk Through
6-Conclusion
1
6.1-Conclusion and Pitfalls