About the Course
Impact your financial decisions and learn how to affect the performance of your unit’s profitability and of your organization. In this course gain a basic understanding of finance and accounting concepts to drive your organization’s growth. Upon completion of this course, you will have gained general financial knowledge and an in-depth understanding of the impact of your decisions outside your functional area. Content of the course includes selected aspects of finance from a non-financial specialist perspective. Specific topics include: financial analysis; planning, forecasting, and budgeting; cash flow, and strategic financing. This class will be interactive and will require the active involvement of the participants in finance related activities.
Course Learning Objectives
- Explain the importance of finance and interpretation of financial information
- Apply the concepts of accounting and finance to analyze financials
- Learn about key accounting and finance terms
- Examine financial statements by using key ratios
- Explain the importance of budgeting process
- Learn about key components needed to improve profitability
Course Format
There are four modules in this course. Each module has a corresponding quiz. You are allowed one try for each quiz every eight hours and you need to achieve an 80% or higher on all quizzes in order to pass the class. You may take the quizzes as many times as you like.
Recommended Background
This course will appeal to a wide range of audiences. There are no course prerequisites; no previous business experience is necessary.
Course Certificate Criteria
Course Certificates are co-branded by UCLITE and University of California, Irvine. They are printable, digitally shareable, and will empower you with a verified document in-hand. Link your coursework to your identity, and pass every module to earn your Course Certificate.
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Week1-
Course Overview
- 0.1 About this Course
- 0.2 Finance quick Reference Guide
- 0.3 Introduction
- 1.1 The building blocks of Accounting
- 1.2 Overview of the Finance Principles
- 1.3 The Four Financial Statements
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1.4 The Practice of Accounting
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Module 1 Slides
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Module 1 Quiz
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Week 2 -
Costing
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2.1 Costing Methods
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2.2 Cost Allocation
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2.3 Break-Even Analysis
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2.4 Pricing
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Module 2 Lecture Slides
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Supplemental Reading
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Module 2 Quiz
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Week 3 -
Financial Ratios
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3.1 Liquidity Ratios
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3.2 Asset, Profitability, and Debt Ratios
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3.3 DuPont Pyramid
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3.4 Earnings and Dividends
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Module 3 Lecture Slides
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Supplemental Reading
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Module 3 Quiz
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Assignment – Financial Statement for GAP
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Week 4 -
Valuation
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4.1 Market Methods
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4.2 Valuation Methods
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4.3 NPV and IRR
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4.4 Course Summary
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Module 4 Lecture Slides
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Module 4 Quiz
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Course Wrap Up
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