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Certification

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Instructor
Explico , Instructor - Finance for Non-Financial Managers

Explico

Explico is a management consultancy that leverages depth and breadth of business and financial expertise to define, analyze, and solve business needs. They have the ability to solve business needs no matter how complex. Explico's approach draws on business and financial concepts, academic knowledge, and real-world business experience.

Instructor: Explico

Gain fundamental knowledge about financial management.

Understand what is budgeting an control, product cost, and working capital.

Course Description

Learn accounting equations and its application in double-entry. Understand what is budgeting an control, product cost, and working capital. Evaluate projects to make sound investment decisions.

What am I going to get from this course?

Learn accounting equations and its application in double-entry
Gain fundamental knowledge about financial management. Understand financial statements and their relationships.

Prerequisites and Target Audience

What will students need to know or do before starting this course?

No prerequisites required.

Who should take this course? Who should not?

The course is for entrepreneurs, managers, and anyone looking to gain financial literacy.

Curriculum

Module 1: Finance for Non-Financial Managers

Lecture 1 Introduction/Overview

An introduction to course via Financial Statement.

Lecture 2 Accounting Equation

Financial statements are governed by the accounting equation. A deep dive in accounting equations. Financial statements are governed by the accounting equation. A deep dive in accounting equations for various account types.

Lecture 3 Balance Sheet

Balance Sheet to understand Lists Assets, Liabilities, and Owners’ Equity.

Lecture 4 Income Statements

Income statement to understand profitability of the company including Revenues, Gross profit, Operating Income and Net Income.

Lecture 5 Statement of Cashflow

Statement of Cash Flow to understand sources of cashflows, cash uses, and changes in cash balance

Lecture 6 Financial Ratios

Financial Ratios for analysis including profitability, asset utilization, liquidity and debt utilization.

Lecture 7 Budgeting & Control

Control topics in Budgeting.

Lecture 8 Budgeting & Control- Part 2

Expenses types in Budgeting & Controlling.

Lecture 9 Budgeting & Control - Part 3

Continuation of Expenses types in Budgeting & Controlling.

Lecture 10 Budgeting & Control - Part 4

Forecasting in Budgeting & Controlling.

Lecture 11 Costs

Costs including: Cost Methods, Product Cost Components, and Activity Based Costing.

Lecture 12 Costs - Part 2

Costs including: Contribution Margin, Break-even Analysis, Target Volume Analysis.

Lecture 13 Working Capital

Working Capital. Definition of Working Capital, Key Improvement Opportunities, Cash-to-cash cycle, Key Calculations, Days Sales Outstanding, Inventory Turns, Inventory Holding Cost, Economic Order Quantities (EOQ), Accounts Receivable Management, and Accounts Payable Management.

Lecture 14 Working Capital - Part 2

Continuation of Working Capital with Economic Order Quantities (EOQ), Accounts Receivable Management, and Accounts Payable Management.

Lecture 15 Evaluating Projects

Evaluation of projects via Net Present Value.

Lecture 16 Evaluating Projects- Part 2

Evaluation of projects via Internal Rate of Return and Payback Period.

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