Are financial statements a mystery to you? Do all those terms and metrics make your head spin? Do you avoid conversations with your finance leaders because you are not confident of your finance ability? Having a solid understanding of financial terms, statements and metrics is critical to becoming a successful entrepreneur or manager. In this finance course, you will learn how to interpret and use the information contained in financial statements to make key operating decisions, evaluate business performance, and create forecasts of profits and cash flow. This course introduces you to the form, content and definitions included in the primary financial statements: income statement, balance sheet, and cash flow statement. You will learn how to use this information to make key operating decisions, such as how to balance growth with cash constraints. You will learn how to use ratios to diagnose a company’s financial health and apply these concepts and tools to evaluate a company of your own choosing. Eliminate your fear of accounting! Financial accounting can be fun once the barriers to learning are broken down. Through a series of learning scenarios that take you through the creation of a simple business, you will become comfortable with basic accounting tools and concepts that you need to more effectively manage your business. By the end of the course, you will become a much more confident user of financial information and will be able to effectively engage with your finance leaders. This course is part of the Business Principles and Entrepreneurial Thought XSeries.
An excellent online course offered by edX: how it works
edX courses consist of weekly learning sequences. Each learning sequence is composed of short videos interspersed with interactive learning exercises, where students can immediately practise the concepts from the videos. The courses often include tutorial videos that are similar to small on-campus discussion groups, an online textbook, and an online discussion forum where students can post and review questions and comments to each other and teaching assistants. Where applicable, online laboratories are incorporated into the course.
edX offers certificates of successful completion and some courses are credit-eligible. Whether or not a college or university offers credit for an online course is within the sole discretion of the school. edX offers a variety of ways to take courses, including verified courses where students have the option to audit the course (no cost) or to work toward an edX Verified Certificate (fees vary by course). edX also offers XSeries Certificates for completion of a bundled set of two to seven verified courses in a single subject (cost varies depending on the courses).
An edX learning programme under Other Experiences
