Understanding Financial Statements (FM0001)
Accounting terminology serves as the universal language of business, so it's vital you know the primary business financial statements: Balance Sheet, Profit and Loss Statement [Income Statement] and Cash Flow Statement as well as key financial ratios. You'll gain a strong understanding of accounting terminology and principles, including the utilization of accounting information necessary to compile financial statements.
This course will prepare you to understand and use financial statements effectively to support management decision-making.
Valuable Takeaways You Can Apply Immediately...
You will:
- Discern the value of the function and purposes of the Balance Sheet, Income Statement, and Cash Flow Statement
- Employ the appropriate tools, financial ratios and comparisons to successfully evaluate your organization's financial condition
- Orient yourself and your decision makers to the common manipulations of financial information that can potentially distort the actual financial condition of the firm
- Use this information to provide meaningful input to management decision making
- Understand the distinction between cash-based accounting and accrual-based accounting
- Recognize the effect of each on the different financial statements
You will receive a frameable Executive Mini-MBA Certificate in Advanced Business Practices when you successfully complete the program.
Understanding Financial Statements (FM0001)
Course FM0001 part ofThe Core Business Principles advanced Executive Online Mini-MBA® for Experienced Executives
Course Listings
Customize your Core advanced Executive Online Mini-MBA® Program by selecting any 8 courses below that are most valuable to you:
Learning and Corporate Finance:
Strategy – A Key Factor for Results:
- Innovation Through Strategic Analysis (FM0019)
- Process Optimization: Become the Manager Who Can Get It Done (FM0027)
Marketing Effectively
- Essential Marketing Concepts (FM0005)
- Effective Online Marketing: Social Media, SEO and Paid Search (FM0006)
Human Resources and Development
- Conflict Resolution and Negotiation Strategies (FM0008)
- Social Media: Legal and Management Implications (FM0038)