Financial Accounting and Analysis

(5 customer reviews)

13,884.70

Description

In this course, we will demystify accounting jargon, help you understand financial statements, and analyze them to make better decisions. Whatever your background—marketing, operations, supply chain, strategy, engineering, or others—in today’s competitive world, you need to use and interpret crucial financial data to make informed decisions.

This course will enable you to:

  1. Understand the various elements of financial statements
  2. Apply accounting principles related to its preparation
  3. Use tools and techniques to analyze and interpret the critical parameters of financial performance

The course is directly applicable and highly relevant to every professional’s life. Concepts learned in the course can be applied in daily management to improve operations and create value for the organization. You will also be able to assess the financial implications of your decisions.

The course will be covered quickly and interactively through hands-on activities, short cases, and easy-to-understand examples.

What you'll learn

  • Basic financial concepts
  • Financial statements and their elements
  • Various accounting standards concerning the elements in the financial statements
  • Techniques to analyze the financial statements
  • Interpretation of financial statements for better decision-making

Modules

Module Title: Financial Accounting and Analysis

1. Introduction to Financial Accounting

  • Definition and scope of financial accounting
  • Importance in business decision-making
  • Critical users of financial statements (internal vs external users)

2. Understanding Financial Statements

  • Balance Sheet: Assets, Liabilities, and Equity
  • Income Statement: Revenues, Expenses, and Net Income
  • Cash Flow Statement: Operating, Investing, and Financing Activities
  • Statement of Changes in Equity

3. Accounting Principles and Standards

  • GAAP (Generally Accepted Accounting Principles)
  • IFRS (International Financial Reporting Standards)
  • Fundamental principles: Accrual basis, consistency, materiality, and prudence

4. Recording Financial Transactions

  • Double-entry accounting system
  • The accounting cycle: Journals, ledgers, and trial balance
  • Adjusting entries and closing accounts

5. Analyzing Financial Performance

  • Ratio analysis:
    • Liquidity ratios (e.g., Current ratio, Quick ratio)
    • Profitability ratios (e.g., Gross margin, Return on Equity)
    • Leverage ratios (e.g., Debt-to-equity)
  • Horizontal and vertical analysis
  • Trend analysis for long-term financial performance

6. Cash Flow Analysis

  • Operating cash flow
  • Investment and financing cash flows
  • Free cash flow
  • Understanding cash flow patterns in different business scenarios

7. Financial Statement Auditing and Compliance

  • Importance of auditing
  • Types of audits: Internal and external
  • Ensuring compliance with financial regulations

8. Ethics in Financial Accounting

  • Ethical issues in accounting practices
  • Fraud prevention and detection
  • Case studies on accounting scandals

9. Financial Forecasting and Budgeting

  • Methods of forecasting financial performance
  • Creating and managing budgets
  • Scenario planning and stress testing financial models

10. Conclusion and Case Studies

  • Real-world examples of financial analysis
  • Application of financial accounting in business decision-making

5 reviews for Financial Accounting and Analysis

  1. Fasilat

    “The ‘Financial Accounting and Analysis’ online course was an invaluable learning experience. With its comprehensive curriculum and engaging lectures, I gained a deep understanding of the principles and practices of financial accounting and analysis. The course materials were well-organized and easy to follow, allowing me to progress at my own pace. The instructor was knowledgeable and provided clear explanations, making complex concepts accessible. I highly recommend this course to anyone looking to enhance their financial literacy and analytical skills.”

  2. Busayo

    “This course was an incredibly valuable investment for my professional development. The content was comprehensive and well-organized, providing a solid foundation in financial accounting and analysis principles. The interactive modules and real-life case studies made learning engaging and practical. The instructor’s expertise and guidance were invaluable, and the online format allowed me to learn at my own pace and on my schedule. I highly recommend this course to anyone seeking to enhance their financial knowledge and skills.”

  3. Sambo

    “This online course has been an absolute game-changer for me. The content is incredibly comprehensive and well-structured, providing me with a deep understanding of financial accounting and analysis. The interactive exercises and quizzes helped me retain the material effectively. The instructor’s expertise and engaging style made the learning process not only informative but also enjoyable. I highly recommend this course to anyone seeking to enhance their financial knowledge and skills.”

  4. Adenike

    “This online course was an incredibly valuable investment in my financial literacy. The instructor presented the complex concepts of financial accounting and analysis in a clear and engaging manner. I particularly appreciated the real-world examples and case studies that allowed me to apply the knowledge I was learning. As a result of this course, I feel equipped with the skills to analyze financial statements with confidence, make informed financial decisions, and communicate financial information effectively. Highly recommended for anyone seeking to elevate their understanding and application of financial principles.”

  5. Kafayat

    “This online course has been an invaluable resource for me. The comprehensive curriculum and expert instruction have transformed my understanding of financial accounting and analysis. The interactive exercises and real-world case studies have equipped me with practical skills that are essential in my professional life. The flexibility and convenience of the online format allowed me to learn at my own pace, making it an ideal option for busy professionals like myself. I highly recommend this course to anyone seeking to enhance their financial literacy and broaden their career prospects.”

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