Financial Management refers to managing the financial resources of a business in terms of planning and controlling the acquisition and spending of funds, accounting payments, and other business activities that involve money. This is significant as it will aid in achieving the goals and objectives of a company.
Course Description:
This course will provide insight about the definitions and scopes of the four basic financial statements. Similarly, expenses, breakeven, profitability ratios, and depreciation will be discussed. Lastly, in order to understand the mentioned concepts, application through a sample financial statement template will be imparted which will be significant in projecting the possible sales, expenses, and revenue of business.
Course Outline:
- 4 Basic Financial Statements
- Pre-Operating and Capital Expenses
- Break Even Analysis
- Profitability Ratios
- Depreciation
- Sample Financial Statement Template
Course Objectives:
- Learn and understand the four basic financial statements.
- Learn how to identify and compute pre-operating expenses and capital expenses.
- Know about and learn how to compute breakeven, profitability ratios, and depreciation.
- Apply and be able to compute the mentioned concepts through the financial statement template.
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