Course Overview:

Through this course, you will examine financial statements including the balance sheet, income statement, cash flow statement, and statement of stockholders' equity as guides to fiscal health. You will also identify what you want to gain from a budget and describe the steps of budgeting to meet these goals. Finance and Budgeting Essentials for Business Professionals grounds you in the functions and tools of finance.

Course Topics:

Lesson 1: Reviewing Financial Basics

Topic A: Identify the Benefits of Finance

Topic B: Describe Financial Statements

Lesson 2: Interpreting Balance Sheets

Topic A: Identify Elements of Balance Sheets

Topic B: Analyze a Balance Sheet

Lesson 3: Interpreting Income Statements

Topic A: Identify Elements of Income Statements

Topic B: Analyze an Income Statement

Lesson 4: Interpreting Other Financial Statements

Topic A: Read Cash Flow Statements

Topic B: Read Statements of Stockholders’ Equity

Topic C: Read Notes to Financial Statements

Topic D: Identify Elements of Financial Statements for Non-Profits

Lesson 5: Planning a Budgeting Approach

Topic A: Describe Budgeting Principles

Topic B: Choose What and How to Budget

Lesson 6: Utilizing Budgets

Topic A: Prepare an Operating Budget

Topic B: Prepare an Activity-Based Budget

Topic C: Monitor a Budget

Course Feature:

You Will Learn To:

Describe the importance and major elements of financial statements.

Use balance sheets to determine the assets a company has at its disposal.

Interpret income statements to identify corporate earnings, expenses, and profitability.

Certification:
Once after the training you receive course completion certificate from Mangates