
Aknowledge the course objectives, goals and structure
Do you know the benefits of financial literacy?
Whether you are a business owner, startupper, non-financial manager or some one else the benefits of being financially literate are obvious - your decisions will be economically reasonable
Let's discuss the substance of finance and what categories of finance are there.
Lets make a business start-up to see how operations are reflected in the Balance Sheet
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Let's solve and discuss the first practical task
We continue to operate our business to discover how operations are reflected in the Income Statement
Discover the fundamental difference between the Income Statement and the Cash Flow
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Let's solve and discuss the second practical task
Discover the key financial ratios that are used to analyze the company's financial performance:
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Let's solve and discuss the third practical task and analyze how our business has performed over 5 years
Compare Lender and Equity Investor to learn Risk and Reward Rule every investor should know
Three more useful ratios:
Identify what Budget is
Learn the main purposes of budget:
There are three main types of budget:
Go through the budgeting process:
Budget at work!
Discover what to do after the budget is approved
This course was narrated by Mike Norgaard
Please download this handout and use it to make notes. Good luck!
Do you want to master finance concepts without spending a lot of your time on books, web search and long-hour boring courses?
Are you a non-financial manager who wants a raise, better job or to open a new business?
Or maybe you are a small business owner who wants to measure and improve your business performance?
You have come to the right place!
Jump in to this course now and I guarantee that your learning will be informative, dynamic and fun.
FREE preview of lectures 1, 2, 3, 6, 21 and 23.
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Invest your time in financial education. It will be fun, interesting and very useful.
This course is easy to understand and it's designed in explainer video format to convey financial fundamentals in a way that makes everything clear and understandable. You will receive detailed explanations, practical cases and quizzes.
Within 4-5 hours you’ll obtain all the essentials of basic finance and budgeting. It will boost your business and financial literacy, resulting in well-informed economic decisions.
The course starts by introducing accounting basics and then teaches you to understand financial statements.
Then you will learn about financial reports including the Balance Sheet, Income Statement and Cash Flow. These are the things you must know to succeed in a new business or make your current business more profitable.
We will even have fun analyzing the financial statements of corporate giants like Apple, Facebook, and Ford.
Along the way, you will learn how to make your own financial statements, create a great budget, and how to run your business. We'll even get a bit advanced and explore Zero-Based-Budgeting and Cost Management.