Intro To Financial Analysis And Managerial Accounting!

Learn financial analysis fast!

What you'll learn
Learn how to perform Financial Analysis
Basics of Cost / Managerial Accounting
Learn how to perform variance analysis
Learn how to perform scenario analysis
Learn how to determine if a business is profitable and why
Requirements
Basic Excel Skills
Description
The purpose of this course is to teach you how to perform detailed financial analysis of a business’ (or your company’s) financial situation. This is Intro to Financial Analysis but covers the main topics of Cost / Managerial Accounting.This course will show you where to focus your analysis and energy but will require you to dig into the financial–both the actual transactions and budget–to come up with the reason why things are happening.We will work through this Google Sheet together (see course for link).What You Will LearnUnderstanding costs and profitThe difference between variable costs and fixed costsContribution/Unit Margin, Total Margin or ProfitUnderstanding break-evenHow many units do I need to sell to make sure I’m not losing money?Difference between profit and cashWhy is cash king?Basics of budgeting and forecasting for a businessShould I start this business?Basics of variance analysisWhy didn’t I make as much money as I thought I would have?

Overview

Section 1: Introduction

Lecture 1 Introduction

Lecture 2 What you will learn

Section 2: Definitions to Know

Lecture 3 Finance Definitions to Know

Section 3: Example 1 - Understand Break-Even

Lecture 4 Example 1 - Google Sheet

Section 4: Example 2 - Budgeting and Forecasting for a Business

Lecture 5 Case Study

Lecture 6 Walk through Example

Section 5: Variance Analysis

Lecture 7 Definitions to Know

Lecture 8 Example Walk Through

Section 6: Conclusion

Lecture 9 Conclusion and Pitfalls

Beginner Finance and Accounting Students