4.5 out of 5
4.5
28 reviews on Udemy

Finance Fundamentals for Non-finance Individuals

Finance Fundamentals, finance and accounting basics
Instructor:
Adnan Afaneh
6,122 students enrolled
English [Auto]
What is the difference between bookkeeping, accounting, and finance
Read and prepare financial statements: Income Statement, Balance Sheet, and Cash Flow Statement
Management Accounting and Cost Classifications
Break Even Analysis
Pricing Methods and Strategies
Investment Appraisal
Payback Period and Discounted Payback Period
Net Present Value (NPV)
Internal Rate of Return (IRR)

By the end of this course, students should be able to:

· Distinguish Between Bookkeeping, Accounting, And Finance.

· Read And Interpret The Three Main Financial Statements: Income Statement, Balance Sheet, And Cash Flow Statement. Define and understand different accounts in the statements. Calculate Gross Profit, Operating Profit, and Net Profit. Differentiate between current and non-current accounts. Define Assets, Liabilities, and Equity. Understand the three main sections in a cash flow statement: operating, investing, and financing activities.

· Classify Cost Based On Production And Behaviour. Distinguish between Fixed, Variable, Stepped Fixed, and Semi Variable costs. Differentiate between direct and indirect costs.

· Calculate And Interpret Contribution, Break Even Point, and Margin of Safety. Use the break-even analysis as a tool for making business decisions. Learn how to handle special orders with discounted prices.

· Understand pricing methods and strategies. Calculate price under Cost plus and Margin pricing methods. Define price skimming strategy and price penetration strategy.

· Understand “Time Value For Money” Concept, and Calculate And Interpret Present Value And Future Value. Calculate the Discount Factor (DF) for multiple years and interest rates. Utilise DF to calculate discounted future cash flows.

· Evaluate Investment Opportunities Using: Payback Period, Discounted Payback Period, Net Present Value (NPV), And Internal Rate Of Return Techniques (IRR).

You can view and review the lecture materials indefinitely, like an on-demand channel.
Definitely! If you have an internet connection, courses on Udemy are available on any device at any time. If you don't have an internet connection, some instructors also let their students download course lectures. That's up to the instructor though, so make sure you get on their good side!
4.5
4.5 out of 5
28 Ratings

Detailed Rating

Stars 5
15
Stars 4
8
Stars 3
5
Stars 2
0
Stars 1
0
30-Day Money-Back Guarantee

Includes

2 hours on-demand video
Full lifetime access
Access on mobile and TV
Certificate of Completion
Finance Fundamentals for Non-finance Individuals
Price:
$108.98 $89

Community

For Professionals

For Businesses

We support Sales, Marketing, Account Management and CX professionals. Learn new skills. Share your expertise. Connect with experts. Get inspired.

Community

Partnership Opportunities

Layer 1
samcx.com
Logo
Register New Account
Compare items
  • Total (0)
Compare
0