Essential Finance For Managers

Putting Your Money Where Your Mouth Is: All the finance fundamentals you need to start better managing your business
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  • Lectures 79
  • Length 5.5 hours
  • Skill Level All Levels
  • Languages English
  • Includes Lifetime access
    30 day money back guarantee!
    Available on iOS and Android
    Certificate of Completion
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About This Course

Published 4/2015 English

Course Description

Are you a manager (or a would-be manager) who is baffled by balance sheets or confused by cash flow statements?

We're not all financial wizards, but it's not just accountants that have to deal with numbers in their everyday business. As a manager, whether you like it or not, you're going to have to spend some time on spreadsheets and have some sort of financial reconciliation as part of your job duties. Understanding those numbers, and using them to make key changes, is often vital to an organisation's success.

You don't need a degree in accounting to learn the in's and out's of your company's finances. You only need a foundation and understanding of the essentials.

  • Understand the ins and outs of financial record keeping. With a fundamental understanding of accounting practices, managers can make decisions that add to their bottom line. Your day-to-day business can give you a view of how your employees and various departments function, but there's no substitute to understanding your business finances.
  • Take control of your organisation's financial health. Your organisation's financial statements contain valuable data about your company's operating results, financial viability, and profitability. The relationship between certain items of financial information can be used to identify areas where your organisation excels and, more importantly, where there are opportunities for improvement. Using, understanding, and interpreting these statements will help you make much better business decisions.
  • Get the skills you need to help your make vital financial decisions. Essential Finance for Managers is packed with 79 lectures of fundamental instruction to help you improve your skills and learn how to harness the power of number crunching to maximize your success.

What are the requirements?

  • Have a laptop or desktop computer with internet access
  • Headphones or speakers
  • Basic familiarity with concepts and vocabulary in finance and management
  • Thirst for knowledge and self-development
  • Ability to relate concepts in finance to the business management context
  • Patience and diligence for reading extra material and completing review assignments

What am I going to get from this course?

  • Be more comfortable with the financial aspects and departments in your organisation.
  • Understand how and why financial records are kept and the requirements for reporting.
  • Analyze financial statements to assess an organization's financial health.
  • Distinguish between financial accounting and managerial accounting.
  • Interpret budgeting, control and variance analysis.
  • Evaluate a project based on the financial merits of its forecast.
  • Manage your team and projects with a better understanding of budgets and finance.

What is the target audience?

  • New and old business owners without an in-depth understanding in finance
  • Business professionals who want to advance their financial comprehension for personal and professional growth
  • Middle and top management needing a better grasp of their finance departments and employees
  • Team leaders and project managers who require a better understanding of financing and budgeting their teams and projects for successful results
  • Finance and business management students who want to get a headstart on their career

What you get with this course?

Not for you? No problem.
30 day money back guarantee.

Forever yours.
Lifetime access.

Learn on the go.
Desktop, iOS and Android.

Get rewarded.
Certificate of completion.

Curriculum

Section 1: What Is Finance?
Finance For Managers : Recommended Reading
Article
The Definition of Finance
Preview
02:29
The Essence of Finance
04:00
How Accounting And Finance Differ
02:32
Section 2: How Finance Affects Your Job
Understanding Your Organization With Finance
Preview
05:40
Further Reading: CFOs - Not Just For Finance Anymore
Article
The Role Of Finance
02:51
Review Quiz: How Finance Affects Your Job
2 questions
Section 3: Accounting As A Language
Accounting As A Language
08:17
Test Yourself! Apple's Income Statement
1 question
Review Quiz: Accounting As A Language
2 questions
Section 4: Critical Balance Sheet Vocabulary
Critical Balance Sheet Vocabulary
12:21
Further Reading: Financial Accounting Standards Board
Article
Review Quiz: Critical Balance Sheet Vocabulary
2 questions
Section 5: Income Statement and Cash Flow Lingo
Important Terminology
08:54
What Is Cash Flow?
03:02
Learn More & Test Yourself! 10-K Form
1 question
Review Quiz: Income Statement and Cash Flow Lingo
9 questions
Section 6: A Quick Intro To Bookkeeping
A Quick Intro To Bookkeeping
07:41
Bookkeeping Note
Article
True Story: The Bookkeeper Of Venice
Article
Review Quiz: A Quick Intro To Bookkeeping
6 questions
Section 7: Fundamental Accounting Relationships
Accounting Is a Language With Grammar
02:42
Assets = Liabilities + Equity
03:25
Learn More & Test Yourself! Assets=Liability+Equity
1 question
Debits = Credits
06:12
Section 8: Good Accounting Principles
Basic Assumptions In Accounting
05:54
True Story: What Your Employees Don't Know Will Hurt You
Article
Matching, Conservatism, Full Disclosure and Materiality
03:36
Further Reading: Apple’s Stock May Not Be as Cheap as It Looks
Article
Generally Accepted Accounting Principles and Cash/Accrual Basis
03:10
Review Quiz: Good Accounting Principles
1 question
Section 9: Cost Accounting
Cost Accounting
05:51
Review Quiz: Cost Accounting
2 questions
Section 10: The Balance Sheet
Note to Student
Article
What Is A Balance Sheet?
Preview
05:44
Further Reading: Using EDGAR - Researching Public Companies
Article
Current Ratio
03:51
Further Reading: Follow David Dreman Guru Analysis for General Motors Company
Article
Quick Ratio
02:01
Financial Leverage Ratio
02:47
Debt To Equity Ratio
02:03
Learn More & Test Yourself! Debt To Equity Ratio and Ford Motor Co.
1 question
Review Quiz: The Balance Sheet
8 questions
Section 11: The Income Statement
What Is An Income Statement?
06:47
True Story: Trust ADP? It’s Complicated
Article
Profit Ratios
05:37
Learn More & Test Yourself! Microsoft's 2012 10-K
1 question
Note to Student
Article
Review Quiz: The Income Statement
9 questions
Section 12: Cash Flow Statements
General Features of Cash Flow Statements
07:51
Note to Student
Article
The Company's Profit And Cash Flow
04:45
Review Quiz: Cash Flow Statements
2 questions
Section 13: Annual Report
The Year In Review
03:50
Financial Statements and Beyond Financials
05:24
Additional Reporting
04:23
Review Quiz: Annual Report
2 questions
Section 14: What Is Corporate Finance?
What Is Corporate Finance?
03:01
Goals Of Corporate Finance
02:02
Present And Future Values
02:38
Review Quiz: What Is Corporate Finance?
4 questions
Section 15: Making Profitable Decisions
Time Value of Money
04:14
Calculation of Present Value
04:18
Present Value and Profitability of Investments
03:02
Further Reading : Dead Money
Article
Net Present Value
11:49
Further Reading : Champion Announces Preliminary Feasibility
Article
Strengths and Weaknesses of Net Present Value
03:42
Applying Net Present Value to Different Business Scenarios
10:36
Review Quiz: Making Profitable Decisions
6 questions
Section 16: Present Value Index
Deciding Between Projects
05:31
Reviewing the Present Value Index
03:36
Strengths and Weaknesses of the Present Value Index
11:41
Review Quiz: Present Value Index
7 questions
Section 17: Payback Period
What Is Payback Period?
04:48
How To Collaborate With Your Finance Department And Calculate Payback Period
08:00
Review Quiz: Payback Period
6 questions
Section 18: Capital Markets
Capital Markets Can Provide Rates
02:14
The Bond Market As A Guide For the Time Value of Money
03:56
Further Reading: Market Risk Premium
Article
Adjusting For Risk
07:18

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Instructor Biography

Global Finance School, Online Finance and Management Education

Global Finance School, Instructed by Mr. Simanovsky, has been leading innovation in the field of financial studies for over 30 year. Mr.Simanovsky has written 27 bestsellers books on Finance education, including Finance for Beginners, Statistics for Beginners, and Stock Market for Beginners.

Mr. Simanovsky, who also co-founder of Meitav Group, an Asset Management and Investment Banking firm with over 7 billion USD under management, brings his real life experience to create a pragmatic learning experience, especially suited to professionals aspiring to advance in financial positions.

With over 3 decades of experience, Mr. Simanovsky and his team of finance professionals and e-learning experts from around the globe developed an extraordinary ability to explain and teach financial topics by providing a wide variety of easy to access high quality business education tools.

Global Finance School is known for its unique teaching style that sets to make finance a fun topic, intuitive to understand, and very engaging.

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