Finance Essentials

  • 8 Courses | 3h 44m
  • 6 Books | 21h 47m
  • 10 Audiobooks | 47h 35m 34s
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Every business decision has financial impact. Expand your financial acumen for improved decision making. 


Key Accounting Concepts and Principles

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    Key Accounting Concepts and Principles
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    Basic Accounting Practices
    3m 51s


Key Accounting Concepts and Principles
How do organizations communicate vital business and finance information? Achieving the utmost clarity in communication requires knowledge of financial management and a strong understanding of accounting basics. Accounting an internal function that involves identifying, recording, summarizing, and reporting business transactions and financial events in an organization. In this course, you’ll learn the core concepts and financial essentials of accounting, such as the accounting equation and its components, as well as the rule of debits and credits. You'll also develop your financial acumen by exploring the accounting cycle, and the effect of cash and accrual-based accounting systems.
7 videos | 24m has Assessment available Badge
Preparing Financial Statements and Closing Accounts
Developing your financial acumen is a must in today's economy, and improving your knowledge of accounting basics and financial management is a good first step. In this course, you'll explore the financial essentials that will enable you to understand key steps in the management of finance within the accounting cycle. You'll learn how, once you’ve worked your way through recording transactions and posting to ledgers, you’re ready to start preparing financial statements. You'll learn about Income Statements, Balance Sheets, Cash Flow Statements, and how they're interrelated. You'll also learn about the steps involved in closing accounts.
9 videos | 27m has Assessment available Badge
Basic Accounting Concepts for Non-financial Professionals
Finance and accounting are at the heart of every business. Even if your role isn't directly related to finance, your activities may still have financial implications. This course explains the basics of finance for non-finance professionals, and covers key accounting and finance essentials and concepts: the basic accounting equation, accrual-based accounting, and basic accounting principles. It explores business finance, including how business transactions affect financial statements and the bottom line. You'll walk through the four-step accounting process, and you'll learn the fundamental principles of cash flow management and the four types of financial risk.
9 videos | 29m has Assessment available Badge Certification PMI PDU
Basic Budgeting for Non-financial Professionals
It's not only  the Finance department that needs to understand budgeting and finance essentials. Given the importance of finance for non-finance professionals, it's in everyone's best interest to have some basic knowledge of one of the most important aspects of business finance – budgeting. In this course, you'll learn to identify the characteristics of an effective budget, the stages in planning one, and how to distinguish between budgets types. You'll also explore budgeting concepts and techniques such as historical and zero-based budgeting, variance analysis, capital budgeting, and performing budgeting calculations.
9 videos | 27m has Assessment available Badge Certification PMI PDU
Comprehending Financials: A Guide to Financial Statements
To maintain your company's finances, you need a strong knowledge of business finance. And to improve the financial well-being of your company, it’s vital to understand key financial statements, such as the Income Statement, Cash Flow Statement, and Balance Sheet, as these will hint at problems and possible solutions. This course will give you an overview of these three statements. You'll also explore typical examples of financial statements, learn how each financial statement relates to the other, and discover what each one indicates about your company's financial position.
9 videos | 28m has Assessment available Badge Certification PMI PDU
Financial Statement Analysis for Non-financial Professionals
Financial analysis helps you understand your organization's business finance, as well as its strengths and weaknesses. This course explains finance for non-finance professional in easy-to-understand language, with a specific focus on financial statements. You'll learn about methods for analyzing financial statements from the perspective of a non-financial professional. You'll explore the concept of the Time Value of Money. You'll also examine how to use common financial ratios for profitability, efficiency, liquidity, and solvency, and study percentage calculations. Finally, you’ll  be introduced to vertical and horizontal analysis.
9 videos | 30m has Assessment available Badge Certification PMI PDU
Focusing on the Bottom Line as an Employee
Workplace cost consciousness enables a company's financial success. Cost control is every team member’s responsibility and requires planning and effort. In this course, you’ll learn how employees can contribute to cost-control efforts by making cost changes, including to travel, supply, and facility costs.
7 videos | 26m has Assessment available Badge Certification PMI PDU
Managing with a Cost-control Mindset
Managing costs effectively is critical to the financial success of a business and can help you avoid painful cuts. Cost control is a team effort that requires careful cost management. In this course, you’ll learn how to identify cost management opportunities, get your team involved in cost-control efforts, and use tools like cost splitting and Lean.
7 videos | 29m has Assessment available