Business Finance: A Complete Introduction

A primer in Business Accounting, Financial Ratio Analysis, and Return on Investment Analysis

Created by: Ray Harkins, The Manufacturing Academy
Senior Manufacturing Professional, Online Educator

What Will I Learn?

• Understand and apply the basic business accounting practices such as the Fundamental Accounting Equation, the Revenue Recognition principle, Accrual Accounting,
• Understand and interpret the four main financial statements
• Use financial ratios to compare a business's performance year-over-year or to other businesses
• Calculate and apply the concepts of profitability, liquidity, solvency and efficiency to analyze a business's performance.
• Estimate the key inputs of ROI analysis including future revenues, on-going expenses, initial investments, risk, net working capital, manufacturing overhead
• Build a Net Present Value financial model to determine if a major investment is right for your organization
• Financial modeling and analysis

Requirements

• Basic math skills
• Basic Microsoft Excel skills
• General manufacturing and business knowledge helpful
• Analytical approach to problem solving

Target audience

• Business managers, supervisors, or group leaders.
• Technicians, engineers and programmers looking to advance into a managerial role
• Small business owners