Business Finance Analyst Program (BFAP)

Learn how to determine if a company makes a profit by preparing and reading three financial statements—profit and loss statement, balance sheet, and cash flow statement—plus quarterly reports for shareholders.

Analyze how a balance sheet classifies liabilities and assets into sources and uses of funds, including current and non-current categories, current assets and liabilities, equity, and retained earnings.

Explore how a profit and loss statement tracks revenues and expenses—from sales and cost of sales to depreciation, net profit, dividends, and retained earnings—across a defined period.

Master four types of financial transactions and classify them as assets, liabilities, expenses, or incomes, then prepare balance sheet and profit and loss statements.

Learn the order of payment on a profit and loss statement, from operating expenses to interest, taxes, and dividends, ending with retained earnings and equity.

Explain how debit and credit function within the double-entry system, showing how money comes in affects incomes and liabilities, and money goes out affects expenses and assets.

Learn to distinguish expenses from assets by whether items are consumed by the balance sheet date, using rent, equipment, and inventory examples.

Explore why depreciation is calculated, how it affects expenses, earnings before interest and tax, and taxes, and compare straight-line and double declining balance methods using practical asset examples.

Learn how fixed and variable expenses shape break-even points, with a step-by-step contribution analysis and a practical furniture company example, to determine when sales cover costs.

Understand the difference between profit and money by distinguishing income minus expenses from cash flow. Use a machinery example and depreciation to show that profit may not equal cash.

learn how cash flow statements track cash in and out by operating activity, asset activity, and financing activity, showing beginning and ending cash to guide forecasting and budgeting.

Ignorance is not bliss shows how financial illiteracy led to six failures and how mastering finance reveals the root of how business makes money and five common mistakes to avoid.

This lecture shows how to calculate a company’s cost of liabilities from different funding sources, and how asset performance and non-performing assets affect required returns to beat those costs.

Explore the second common finance mistake—negative cash flow from mismanaging the cash-to-cash cycle—and learn the four components (cash, receivables, inventory, payables) and cycle optimization across manufacturing, service, and retail.

Understand how non performing assets burden performing assets and how to optimize by converting non performing to performing, illustrated with coffee shop ratios and real world examples.

Explore the fourth common finance mistake: finance mismanagement, where funds lack clear allocation. Learn capital structure planning to direct borrowed money toward intended investments.

Identify the fifth common finance mistake: using short-term liabilities to fund long-term assets, as shown by a coffee shop's cash outflows, causing cash shortfalls and potential borrowing.

Explore how ratios reveal red flags by analyzing profitability, liquidity, efficiency, and solvency metrics from financial statements, with examples like gross profit margin, current ratio, and debt-to-equity.

Learn six profitability ratios: gross, operating, and net margins, plus return on assets, capital employed, and equity, and analyze margins and returns from revenue and costs.

Explain why insider's money is the most expensive funding source using two similar firms. Show three effects, interest deductibility, dividend rewards, and leverage, that boost earnings per share.

Explore liquidity ratios by recategorizing the balance sheet into four groups, examining type A, B, and C, and calculating current, quick (acid test), and cash ratios.

Explore efficiency ratios that measure a company's asset use and working capital, including accounts receivable turnover, accounts payable turnover, asset and inventory turnover, capital turnover, and working capital turnover.

Discover solvency ratios such as debt ratio, equity ratio, debt to equity ratio, and interest coverage ratio, with formulas and interpretation for assessing a company's ability to meet obligations.

View your company from a bird’s-eye view to ensure profit, assess growth, and verify sustainability over time; prepare for disruption by investing in research and development, marketing, and innovation.

Explore the seven levers of finance: sales, pricing, borrowing, expenses, assets, receivables, and payables, and learn how optimal balance and value-driven decisions grow a business.

Explore the differences between budgeting and forecasting, showing how budgets set annual targets and forecasts adapt with actuals, variance analysis, and what-if scenarios to drive practical business planning.

Apply your finance knowledge to make smarter business decisions and avoid costly mistakes. Embrace the monetary and banking system, implement what you learned, and grow value in real-world finance.