Welcome to this Crash Course on Financial Management. In this course, you will gain overview of various aspects of Financial Management covering a) Introduction to Financial Management b) Time Value of Money c) Cash Flow d) Fund Flow e) Leverages f) Source of Finance g) Capital Budgeting h) Working Capital Most the businesses in this world, predominantly fails only on account of poor Financial Management. Hence, it is absolutely necessary to have sound knowledge in Financial Management for effective functioning, survival and growth of any business. Financial Management is not merely confined to Finance Department. Every department in an organization, performs Financial Management functions. Because, every department in an organization contributes to the profits. Some through turnover and some by controlling its costs. So, Knowledge in Financial Management is the need of the hour. This course is structured in self paced learning style. Video lectures were used to deliver the course content. All the very best. Category: Business What's in the Course? Over 11 lectures and 41 mins of content! have overview of Financial Management understand Imporatance of Financial Management Course Requirements: Basics of Accounting Who Should Attend? Accounting and Finance Executives Professional course students
A business is a living organism that depends on the strategic coordination of systems, activities, and information to build customer-satisfying products and services and ensure profitability and future growth. A company’s success is determined by the ability of each core function to effectively perform its specific purposes and responsibilities and, at the same time, proactively cooperate and communicate with the other departments. It is this combination of business-unit excellence and cross-functional collaboration that acts as a key to organizational success.
There are three business languages managers need to understand in order to make the best decisions. These languages are accounting, finance, and economics. Leaders use these languages to see how their company has performed in the past (accounting), plan how the company should move forward (finance), and predict how outside influences will affect their plan (economics). The benefits of having a working knowledge of these three languages include being able to understand and communicate with others in the organization about financial issues, making decisions that align with overall corporate goals and strengthening your value to the company.
The balance sheet is one of several financial reports that organizations use for monitoring and planning purposes. It is a snapshot of a company’s financials on a specific date. All balance sheets include three components: assets, liabilities, and owner’s (or shareholder’s) equity. The report shows the resources an organization owns (assets), how much money it owes (liabilities), and how much equity the owners (or shareholders) have after liabilities are subtracted from the assets. This is also called the net worth of the company. Some of the benefits of being able to read and understand a balance sheet include making better management decisions, identifying potential financial issues before they cause bigger problems, and improving your company’s organizational efficiency.
As a leader of a small or big team, you all are responsible for the budget allocated to your projects, which in turn is nothing but finance. Thus, knowingly or unknowingly you are involved in financial management too. You must evaluate the investment decisions, such as return on investment analysis after you deliver the product or service that you are responsible for. As a nonfinancial manager, you cannot avoid financial information, profitability statements, rates of return, budgets, variances, asset management, and project analysis. In this lesson, you will get an overview of financial management, roles within the financial department, and the four financial objectives of any organization.
The loss of valuable leadership can cripple a company. Business succession planning is essentially preparing successors to take on vital leadership roles when the need arises. It is essential to the long-term survival of a company. Every company should have a form of succession planning in its portfolio as it is not the expected absences that can cripple a company, but the unexpected ones. Whether it is preparing someone to take over a position of leadership in a corporation, or the sole proprietor of a small organization, Business Succession Planning will teach you the difference between succession planning and mere replacement planning. How you prepare people to take on the responsibilities of leadership so that the company thrives in the transition is just as important as picking the right person for the job. Workshop Objectives: Define business succession planning and its role in your company. Lay the groundwork to develop a succession plan. The importance of mentorship. Define and use a SWOT analysis to set goals. Create a plan, assign roles, and execute the plan. Communicate to develop support and manage change. Anticipate obstacles and evaluate and adapt goals and plans. Characterize success.
Money matters can be intimidating for even the smartest people. However, having a solid understanding of basic financial terms and methods is crucial to your career. When terms like ROI, EBIT, GAAP, and extrapolation join the conversation, you'll want to know what people are talking about, and you'll want to be able to participate in the discussion. The Budgets And Financial Reports workshop will give you a solid foundation in finance. We'll cover topics like commonly used terms, financial statements, budgets, forecasting, purchasing decisions, and financial legislation. Workshop Objectives: Identify financial terminology Understand financial statements Identify how to analyze financial statements Understand budgets How to make budgeting easy Understand advanced forecasting techniques Understand how to manage the budget Identify How to make smart purchasing decisions Identify the legal aspects of finances
Numbers! Numbers! Numbers! Wherever you go, you are bound to see them. On addresses, license plates, phones, prices, and of course, money! Numbers connect us all to each other in many more ways than we might imagine. Essentially, our world revolves around numbers. Some of us enjoy dealing with numbers while others may have a fear of them, or even a phobia. For those of you who have already recognized and appreciate the impact that numbers actually have on just about everything, you deserve a cookie. Welcome to Basic Bookkeeping! Workshop Objectives: Understand basic accounting terminology. Identify the differences between the cash and accrual accounting methods. Keep track of your business by becoming familiar with accounts payable and accounts receivable. Use a journal and general ledger to document business financials. Utilize the balance sheet. Identify different types of financial statements. Uncover the reasons for and actually create a budget.
This course will help you gain a basic understanding of the tools commonly used to gain insight into the financial position of a potential supplier.
What would you do with an extra $5,000 a day? If you could finally make profits daily what would that mean to you? Would you Pay off debts? Fund your retirement account? Put your kids through college debt free? This course is designed for anyone who wants to discover proven profitable trading strategies and for those who are interested in making money trading stocks. Packed with over 20 different video lessons and over 2.5+ hours of content, Mubarak Shah spills everything you need to make money trading penny stocks. In this training course, you are going to learn how you can make consistent money trading stocks and how to utilize the most profitable trading strategies. This course will cover everything from the basics to the advanced, and also set you up to continue working on improving your trading and perfecting your strategies. In these videos, I give you surefire proven strategies for trading and how to become a successful and profitable trader. Get started on your path to a profitable, stress-free stock trading lifestyle by signing up for this course NOW. The purpose of this course is to teach anybody how to acquire a professional trader mindset. This course also will teach you what set of techniques and tools professionals use in the market every day to create wealth. Anybody who devotes time and study to this course will be in a very good position to profit from the markets and to achieve financial freedom.
This Financial Accounting course is a 'must have' for everyone involved with SAP Financial Accounting. If you are new to SAP, a consultant or developer you need to understand how the SAP Finance System works. This course will teach you exactly that. Once you get started you will: Understand How Sap Financial Accounting Works. Master The Basics Of Sap Financial Accounting. Learn About Important Financial Accounting Terms. Realize The Importance Of The General Ledger And Learn About It's Features. Learn About Sub-Ledgers, Accounts Receivable/Payable, Asset Accounting. Overview Of How The Finance Module Integrates With Other Sap Modules. Recognize The Organizational Elements Of R/3 And Describe The Basic Settings. Be Able To Classify And Reconcile R/3 Documents With The Original Documents. Learn About Opening And Closing Posting Periods. Assign Posting Authorizations To Users. SAP is the most popular enterprise business system used by the biggest organisations in the world to help run their companies. Peter Moxon introduces you to the most important and fundamental aspects of any SAP Financial Accounting system. This training course explains SAP Financial Accounting from the ground up to ensure you learn how the finance system works and how it integrates with all the other major SAP modules. This course not only gives you an a thorough insight into how the SAP Financial Accounting systems works but is delivered in Pete's unique style that guarantees everyone who takes the course will have absolutely no problem in understanding all the topics discussed. Guaranteed! This is 'the' easiest way to learn and get up to speed with SAP Finance. Whether you are a new SAP user, Business Analyst, Project Manager or a C-Level executive, this course is designed to be your guide and introduction to SAP Financial Accounting systems.
How to transform every day business data trapped in columns and rows into simple to grasp, visual operational reports in real time, an effective tool for seeing what matters for the overall management of the business. This version is under a three month license, allowing enough time to take the course and apply it. For a more affordable version with a three month license, see the course How to "Visualize" Reports to Better Understand, Predict and Manage (3 month license). If spreadsheets are used in your work, this course will change the way you look at them. Working hard IN a business, there is precious little time to work ON it, to make things better. When time is found, trying to see what matters in columns and rows packed with too much data but too little meaning is a waste of precious resources! In this coures you will learn to transform data from existing reports in a few minutes with a flick of a pen or a mouse, to know with precision what you need to do, and not do. The course includes: Why are the Profit and Loss (P&L) and the Balance Sheet done the way they are In depth look at the problems of these reports as tools for operating a business A review of The Flaw of Averages A review of The Foibles of Percentages And an in depth review of the Dangers in Limited Comparisons Why there is a need for Operational as opposed to Financial reports, though they may use the same data. How to create these visonary reports to help visualize and understand instantly, in the flow of time what has happened And is mostly likely to happen next. Many examples Lots of working together, in “real-time,” like Khan Academy Independent exercises and study to help achieve mastery. AND MORE Based on a proven system with more than 80 years of successful application in a wide variety of businesses, packed with examples from sports, healthcare, retail, manufacturing and more, and step by step hands on practice, guided by an experienced and patient teacher. You will need a pencil, an eraser, some graph paper preferably, a straight edge, a calculator, a computer and spreadsheet software would be nice, but most of all, your uncomputer… your mind. Entertaining but enlightening video, plus pdf’s for study, supplementary materials, and an hour or two of independent practice to move you from first exposure to mastering the art of making useful operational reports and how to apply them for breakthrough, almost magical results. The Free Course, Income Statement Secrets, is a precursor to and required for taking this course.
How to transform every day business data trapped in columns and rows into simple to grasp, visual operational reports in real time, an effective tool for seeing what matters for the overall management of the business. This version is under a three month license, allowing enough time to take the course and apply it. For a version for 12 months without restrictions see the course How to "Visualize" Reports to Better Understand, Predict and Manage (full 12 month license).
Increase your profitability by using this training to learn how to assess and set each component in your pricing strategy properly. In this workshop you will get what you need to set the right pricing for your product and/or service to maximize your profitability.
Pricing is one of those aspects of a business that can cause business owners fits! However, it is also a strategy that can be easily applied to quickly impact a business’ top-line and bottom-line. Fear of losing business is the most common reason business owners don’t use this strategy. But, too many businesses underprice their products and services. But, how do you know if your pricing is too low? And if it is, how do you increase your prices responsibly so that your worst fears do not become a reality? That is the main purpose of this DE, Inc online training course. To help you figure it out for your business! This course will teach you how to: Determine if your prices are too low for your products and services. Calculate the proper price for your market. Establish a basic structure and responsible method to begin increasing your prices to drive topline and bottom-line impact. To get started click the Order button now!