Financial Accounting And Financial Statements Analysis

Accounting Corporate Finance Investments MBA Financial Analysis

What you'll learn

Understand why a company has got to have financial reports

Analyze financial performance of a company in dynamics or in comparison with its peers

Understand a set of financial reports such as 10K for any company

Understand what impact any business tansaction has on a company's financial statements

Understand the roles of key financial players (companies, auditors, consultants, commercial banks, investment banks)

Requirements

Common sense and desire to study business

Description

Course descriptionWorking knowledge accounting and financial statements analysis is one of the most fundamental skills in business education. And this course is designed to give the most practical knowledge of financial accounting and financial statements analysis possible.This course is made by a practitioner with 30 years of experience in accounting (Big 4) and corporate finance (Head of M&A and investments, Chief Financial Officer). I also published a number of books on the topics of accounting, financial statements analysis and corporate finance which sold more than 100 000 copies in total.Having an MBA from a top business school myself (MIT Sloan School of Management) I designed the course to be on the highest level of education on the topic of accounting and financial statements analysis. The course is modelled after the fundamental accounting and financial statement analysis courses in top b-schools, but with some additional materials and modifications based on my practical experience.To give you the highest level of education possible the course includes a number of Harvard Business School cases that are taught in the leading MBA programs around the world.While other accounting courses concentrate on theoretical artificial examples, this course is based completely on practical applications. For every topic you will see how theoretical concepts are applied in real-life financial statements. You will see examples of dozens of companies from all over the world.If you want to become…· a Financial Analyst· an Accountant· an Auditor· a Business Analyst· a Financial Controller· a Financial Manager· a CFO· a CEO· an Investment Banker· an Equity Research Analyst· an Investor· an Entrepreneur· Someone who is involved with a business and would like to be successfulThen this course is for you. Explore the free lectures and enroll!

Overview

Section 1: Intro

Lecture 1 Intro

Lecture 2 Who are the characters in the financial life of a public company?

Lecture 3 Where to find Financial statements of a company

Lecture 4 Accounting Standards

Section 2: Basics

Lecture 5 The basic principles of financial accounting

Lecture 6 How business transactions are recorded in the financial accounts of a company

Lecture 7 Making your first financial report

Lecture 8 Second year operations and Financial Statements

Lecture 9 Debit, Credit and T-accounts

Section 3: Revenues & Receivables

Lecture 10 Revenues - basic concepts

Lecture 11 Case - Circuit city stores

Lecture 12 Revenue - applying the standard

Lecture 13 Revenue - special cases

Lecture 14 Receivables & allowance for doubtful accounts

Section 4: Inventory

Lecture 15 Inventory - materials, work-in-process and finished goods

Lecture 16 Costing methods

Lecture 17 FIFO, LIFO and Weighted average

Lecture 18 Obsolescence and Net realizable value (NRV)

Section 5: Fixed assets

Lecture 19 Fixed Assets

Lecture 20 Depreciation

Lecture 21 Harvard business school case - Depreciation at Delta and Singapore Airlines

Lecture 22 Sale, revaluation and impairment of FA

Section 6: Intangible assets

Lecture 23 Intangible Assets

Lecture 24 Harvard business school case - Worldcom

Section 7: Cash flow Statement

Lecture 25 What is a Statement of cash flows and what does it consist of?

Lecture 26 How to make a CF statement

Section 8: Debt

Lecture 27 Loans and covenants

Lecture 28 Fair (Market) Value and Bonds

Section 9: Equity

Lecture 29 Equity

Section 10: Financial statements analysis

Lecture 30 Financial Statements Analysis - Basics

Lecture 31 Analysis for Debtholders - Revlon, Oriflame and L'Oreal

Lecture 32 Analyzing traditional companies - Air Liquide vs Air Products

Lecture 33 Working Capital Analysis - Carrefour, Target and Walmart

Lecture 34 Analyzing 'New Economy' companies - Udemy vs Coursera

MBA or undegrad students or those who want to get high quality topMBA level education but do not have the means or an opportunity to do so,Future successfull private investors who want to play in the stock market but do not have sufficient knowledge about finance to be successful,Finance employees in small and large companies who work in finance and want to grow their careers,Managers or future managers who want to get financial education in order to build their careers