Finance For Non Finance Learn Finance Fundamentals Today

Learn accounting concepts, conventions, statements, ratios, valuation, budgeting, procurement & financial legislation
Finance For Non Finance Learn Finance Fundamentals Today
File Size :
9.98 GB
Total length :
14h 3m

Category

Instructor

Peter Alkema

Language

Last update

5/2022

Ratings

3.4/5

Finance For Non Finance Learn Finance Fundamentals Today

What you’ll learn

Introduction to the fundamentals of accounting and what accounting is
How to analyze financial statements, the advantages and disadvantages
Discuss the different accounting concepts and why they matter in finance
Define important accounting terms: recording, classifying, summarizing, money, and transactions
Explain the objectives of accounting and users of accounting statements
Learn how to debit and credit transactions and use balance sheets
Differentiate cash basis, hybrid basis, and accrual basis
Understand financial management as both an art and science
Explore the different accounting conventions and how they work
Familiarize with the roles and functions of a finance manager
Learn, understand and be able to explain the financial planning process
Learn what index analysis is and its usage in business
Introduce comprehensive income statements and examples of detailed financial statements
Define consolidated income statement and consolidated statement of comprehensive income
Analyze the financial performance of a company and interpret cash flow statements
Learn ratio analysis, its categories and examples
Explain the different types of budget, what is budgeting, key characteristics and approaches
Understand variance analysis, steps, and examples
Learn the procurement management process
Differentiate direct, indirect, and service purchases
Introduce the international financial reporting standards
How to conduct a comparative analysis
Learn what is index analysis

Finance For Non Finance Learn Finance Fundamentals Today

Requirements

There are no pre-requisites or requirements for taking this course
A general understanding of business would be advisable

Description

+ Get instant access to a 70-page guidebook+ Introduce yourself to our community of students in this course+ Encouragement and celebration of your progress+ Clear and concise step by step instructions, lessons and engagementThis course is designed for anyone who is interested in learning more about finance and accounting. The course explores key concepts, issues and techniques necessary to be involved with finances, such as budgeting, cash-flow management, variance analysis, financial statements, asset registers, ratio analysis, fraud prevention, procurement management, and financial management legislation. It will help you understand the success and failure factors of financial management.Learn Finance Fundamentals to better manage your company’s financial aspects!While there are plenty of accounting and finance courses courses that focus on financial management, this is a comprehensive course that caters the need of finance and non-finance people from beginner to advanced.This course is designed for all finance and non-finance managers who want to improve their financial management skills, learn accounting and finance fundamentals, and analyse financial statements to better manage their organisation’s finances.What will you learn:Introduce the fundamentals of accounting and what accounting isDiscuss the different accounting conceptsDefine important accounting terms: recording, classifying, summarising, money, and transactionsExplain the objectives of accounting and users of accounting statementsLearn how to debit and credit transactions and use balance sheetsDifferentiate cash basis, hybrid basis, and accrual basisUnderstand financial management as both an art and scienceExplore the different accounting conventionsFamiliarise with the roles and functions of a finance managerExplain the financial planning processHow to analyse financial statements, the advantages and disadvantagesLearn what index analysis is and its usageIntroduce comprehensive income statements and examples of detailed financial statementsDefine consolidated income statement and consolidated statement of comprehensive incomeAnalyse the financial performance of a company and interpret cash flow statementsLearn ratio analysis, its categories and examplesExplain the different types of budget, what is budgeting, key characteristics and approachesUnderstand variance analysis, steps, and examplesLearn the procurement management processDifferentiate direct, indirect, and service purchasesIntroduce the international financial reporting standardsHow to conduct a comparative analysisLearn what is index analysis…and more!Contents and OverviewThis course is aimed at teaching finance and non-finance managers about the fundamentals of accounting and finance, to help you better manage your company’s finances.You’ll start with the Fundamentals of Accounting and define important terms such as recording, classifying, summarising, money and transactions. You will then dive into the Objectives of accounting; Users of accounting statements; Important terms such as Debit/credit , transaction, balance sheet, and capital, Assets, Bad debt, Depreciation, and Working capital; Cash basis , Hybrid basis, and Accrual basis.Then you will learn about the Users of Accounting Information & Accounting Concepts and dive deeper into Accounting Convention topics such as Accounting Conventions: Conservatism, Consistency, Materiality, Disclosure; Financial management and art of science; Roles and Functions of a Finance Manager; Accounting vs Finance; and the process of financial planning.We will also cover Financial management, financial manager and functions, and work closely with Analysis of Financial Statements; How analysis is done; Financial statement analysis and Comparative analysis; as well as the advantages and disadvantages; How calculations are made in analysis statement; What is an index analysis and its usage; Advantages and disadvantages of General analysis; Common Size Statement Analysis and Examples.This course will also tackle Financial statements – Public internal score: Comprehensive Income Statement; Detailed example of financial statements; Points on business finance; Financial position on balance sheet.Learn Market value real time ex, Balance sheet, Comp income statement, cash flow statement: Financial statement and other financial information; Consolidated income statement and Consolidated statement of comprehensive income; Sample of cashflow statement; Consolidated cash flow statement; Consolidated statement of changes in equity; Financial performance of a company; and Key financial data.This course will also discuss what is ratio analysis; Ratio analysis categories and Example of statement of comprehensive income; How to solve gross profit margin and formula; Total asset turnover; Current asset turnover and property, plant and equipment turnover; Trade Receivable and payable turnover; Inventory turnover and Turnover ratios; Trade receivable turnover time; Inventory turnover time and Cash Conversion cycle; Liquidity ratios, current ratio, quick ratio, cash ratio, solvency; and Ratio Analysis – Meaning, GP Margin, EBIT, NP Margin, Return on Asset. Next, you will learn about Market value – Investment EPS-DPS, P-E, Dividend payment, Mkt to book; Budgeting – characteristics, approaches, implications and types of budget; Variance analysis, steps, ex, cash planning, cash budget; Procurement management process and fraud risks; Financial regulations – CO Lou, USA, EU, South Africa; International Financial Reporting Standards; Time Value of Money; Accounting Records and Comparative Analysis; index Analysis; and Set of financial statement, income and key terms. Then we will finish off the course on statement of cash flows.Who are the Instructors?Dr Rajashree Yalgi from Digital Regenesys is your lead instructor – a professional making a living from her teaching skills with expertise in finance. She has joined with content creator Peter Alkema to bring you this amazing new course.You’ll get premium support and feedback to help you become more confident with finance!Our happiness guarantee…We have a 30-day 100% money back guarantee, so if you aren’t happy with your purchase, we will refund your course – no questions asked!We can’t wait to see you in the course!Enroll now, and we’ll help you write better than ever!Peter and Dr Rajeshree Yalgi

Overview

Section 1: Introduction

Lecture 1 Introduction

Lecture 2 ***START HERE*** Course Overview On A Wipeboard – Your Finance Journey

Lecture 3 Introduce Yourself To Your Fellow Students And Tell Everyone What Are Your Goals

Lecture 4 Quick Preview Of Your 70 Page Workbook: Finance For Non Finance – Download It!

Lecture 5 Let’s Celebrate Your Progress In This Course: 25% > 50% > 75% > 100%!!

Lecture 6 Introduction to the course

Section 2: Fundamentals of Accounting

Lecture 7 Fundamentals of accounting

Lecture 8 Definition of terms: recording, classifying, summarising, money and transactions

Lecture 9 Objectives of accounting

Lecture 10 Users of accounting statements

Lecture 11 Important terms: Debit/credit , transaction, balance sheet, and capital

Lecture 12 Important terms: Assets, Bad debt, Depreciation, and Working capital

Lecture 13 Cash basis , Hybrid basis, and Accrual basis

Section 3: Users of Accounting Information & Accounting Concepts

Lecture 14 Users of accounting information

Lecture 15 Accounting concepts

Section 4: Accounting Conventions

Lecture 16 Accounting Conventions: Conservatism, Consistency, Materiality, Disclosure

Lecture 17 Learn About The Satyam Scandal – One Of The Biggest Corporate Frauds

Lecture 18 Financial management and art of science

Lecture 19 Roles of a Finance Manager

Lecture 20 Functions of a Finance Manager

Lecture 21 Accounting vs Finance

Lecture 22 The process of financial planning

Section 5: Finance Management

Lecture 23 Financial management, financial manager and functions

Section 6: Quiz: Accounting Conventions, Role Of Finance Manager

Lecture 24 Accounting Conventions: Role of the Finance Manager

Section 7: Analysis of Financial Statements Part 1

Lecture 25 Analysing financial statements

Lecture 26 How analysis is done

Lecture 27 Financial statement analysis and Comparative analysis

Lecture 28 Advantages and disadvantages

Lecture 29 You’ve Achieved 25% >> Let’s Celebrate Your Progress And Keep Going To 50% >>

Section 8: Analysis Of Financial Statements Part 2

Lecture 30 How calculations are made in analysis statement

Lecture 31 What is an index analysis

Lecture 32 Usage of index analysis

Lecture 33 Advantages and disadvantages of General analysis

Lecture 34 Common Size Statement Analysis

Lecture 35 Common Size Statement – Example

Section 9: Financial statements – Public internal score

Lecture 36 Comprehensive Income Statement

Lecture 37 Detailed example of financial statement

Lecture 38 Points on business finance

Lecture 39 Financial position

Lecture 40 Financial position on balance sheet

Section 10: Market value real time ex, Bal sheet, Comp income statement, cash flow statement

Lecture 41 Financial statement and other financial information part 1

Lecture 42 Financial statement and other financial information part 2

Lecture 43 Consolidated income statement and Consolidated statement of comprehensive income

Lecture 44 Sample of cashflow statement

Lecture 45 Consolidated cash flow statement

Lecture 46 Consolidated statement of changes in equity

Lecture 47 Financial performance of a company

Lecture 48 Key financial data

Section 11: Quiz: Income Statement, Sources Of Funds, Cash Flow Statement

Lecture 49 Income Statement, Sources of Funds, Cash Flow Statement

Section 12: Ratio Analysis

Lecture 50 What is ratio analysis

Lecture 51 Ratio analysis categories and Example of statement of comprehensive income

Lecture 52 How to solve gross profit margin and formula

Section 13: Quiz: Ratios

Lecture 53 Quiz: Ratios

Section 14: Ration Analysis Part 2

Lecture 54 Sample of financial statement

Lecture 55 Total asset turnover

Lecture 56 Current asset turnover and property, plant and equipment turnover

Lecture 57 Trade Receivable and payable turnover

Lecture 58 Inventory turnover and Turnover ratios

Lecture 59 Trade receivable turnover time

Lecture 60 Inventory turnover time and Cash Conversion cycle

Section 15: Liquidity ratios, current ratio, quick ratio, cash ratio, solvency

Lecture 61 Learn what is ratio analysis

Lecture 62 Liquidity ratios and current ratio

Lecture 63 Quick ratio in detail

Lecture 64 You’ve Achieved 50% >> Let’s Celebrate Your Progress And Keep Going To 75% >>

Lecture 65 Cash ratio

Lecture 66 Solvency and debt asset ratio

Lecture 67 Debt equity ratio

Lecture 68 Financial leverage ratio and Interest coverage ratio

Section 16: Ratio Analysis – Meaning, GP Margin, EBIT, NP Margin, Return on Asset

Lecture 69 Learn what is ratio analysis – For meaningful analysis of company results

Lecture 70 Gross profit margin and ratio analysis categories (old terms and new terms)

Lecture 71 Types of ratios

Lecture 72 Learn gross profit margin

Lecture 73 Learn about the formulas

Section 17: Market value – Investment EPS-DPS, P-E, Dividend payment, Mkt to book

Lecture 74 Earnings per share

Lecture 75 Dividend per share and Price to earnings multiple value

Lecture 76 Dividend payout ratio and Market to book value

Lecture 77 Cash flow to debit ratio and cash flow turnover ratio

Lecture 78 Cashflow to operating profit ratio and dividend cover ratio

Lecture 79 Limitations on financial statement

Section 18: Quiz: Financial & Comparative Statement Analysis. Index Comparison

Lecture 80 Financial & Comparative Statement Analysis. Index Comparison

Section 19: Budgeting – characteristics, approaches, implications and types of budget

Lecture 81 What is budgeting

Lecture 82 Key characteristics for budgeting

Lecture 83 The how and approach in Budgeting defined

Lecture 84 Cost implications of budgeting

Lecture 85 Different types of budget

Section 20: Variance analysis, steps, ex, cash planning, cash budget

Lecture 86 What is variance analysis

Lecture 87 Steps on variance analysis

Lecture 88 Variance analysis examples

Lecture 89 Spelling the need

Lecture 90 Cash budget exercise

Lecture 91 Production budget problem and solution

Section 21: Procurement management process

Lecture 92 What is procurement management

Lecture 93 Procurement management defined

Lecture 94 Direct, indirect, and service purchases

Lecture 95 Procurement process pipeline – Schema

Lecture 96 You’ve Achieved 75% >> Let’s Celebrate Your Progress And Keep Going To 100% >>

Section 22: Procurement process – Fraud risks

Lecture 97 Conducive environment for fraud

Lecture 98 Fraud risk and automation

Lecture 99 Case study: procurement

Lecture 100 Procurement conclusion video

Section 23: Financial regulations – CO Lou, USA, EU, South Africa

Lecture 101 Company law – European Union

Lecture 102 Company law – South Africa

Lecture 103 Finance Regulation South Africa

Section 24: International Financial Reporting Standards

Lecture 104 International financial reporting standards

Lecture 105 Why international accounting standards

Lecture 106 US-GAAP vs IFRS

Lecture 107 IFRS – Key standards

Lecture 108 Environment social and governance model

Section 25: Time Value of Money

Lecture 109 Time value of money

Section 26: Accounting Records and Comparative Analysis

Lecture 110 Accounting records and equation case

Lecture 111 Comparative analysis

Section 27: Quiz: Finance Fundamentals

Lecture 112 Quiz: Finance Fundamentals

Section 28: Case Study: Turnover Ratios, Total Asset Turnover

Lecture 113 Case study – Zulu Love Beans Ltd

Lecture 114 Learn ratio analysis

Lecture 115 Turn over ratios and total asset turnover

Lecture 116 Current asset turnover and Property, Plant and equipment turnover

Lecture 117 Trade receivable and payable turnover

Lecture 118 Inventory turnover and turn over ratios

Lecture 119 Trade receivable turnover time and inventory turnover time

Lecture 120 Trade payable turnover time and cash conversion cycle

Section 29: Index Analysis

Lecture 121 Index analysis

Section 30: Set of financial statement, income and key terms

Lecture 122 Complete financial statement and Comprehensive income statement

Lecture 123 Detailed example of a financial statement

Lecture 124 Financial postion on balance sheet

Section 31: Statement of Cashflows

Lecture 125 Statement of cash flows – Operating activities

Lecture 126 Statement of cash flows – Investing activities

Lecture 127 Statement of cash flows – Financing activities

Lecture 128 You’ve Achieved 100% >> Let’s Celebrate! Remember To Share Your Certificate!!

Anyone who needs a better understanding of how finance and accounting works in business

Course Information:

Udemy | English | 14h 3m | 9.98 GB
Created by: Peter Alkema

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