Category: Self-Paced Courses
Price: Members: $200 - Non-Members: $220
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2-3 Hours Online Course

This course is designed to give you a good understanding of the basics of business finance. You will learn how businesses are funded and what the money’s used for; how they make profits and generate cash; how to measure business performance; where to find the information you’ll need. You’ll see how income statements and balance sheets work and you’ll also understand key financial jargon, concepts and commonly used financial metrics.

OUTCOMES

  • Develop a good understanding of the basics of business finance
  • Learn lots of key concepts and financial language
  • See how financial statements work and how they are used
  • See how to calculate commonly used financial metrics

WHAT YOU WILL LEARN

Introduction

  • Overview

Where the money comes from

  • Funding options & characteristics
  • Typical company funding
  • Cost of capital

What the money is spent on

  • Types of asset
  • Balance sheet jargon
  • Depreciation and amortisation
  • Net debt and net working capital
  • Reviewing a real balance sheet
How much profit does the business make
  • Income statement jargon
  • Who uses what
  • Adjusted profit and EBITDA
  • Impact of changing prices and volumes
  • Income statement analysis
  • Reviewing a real income statement

Does the business generate cash

  • Making profits versus generating cash
  • How cash flows work
  • How the three statements fit together

Is it worth the effort

  • Return on investment
  • Economic profit

Summary and Conclusion