Understanding Financial Information

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Understanding Financial Information

Add to Library for 2 Credits

What will I learn?

Learn about budgets and how they guide you, and how they differ from profit and loss statements
Understand why having a strategy before preparing a budget is essential
Learn basic financial terminology such as EBIT, cashflow and forecasts
Distinguish the difference between assets and liabilities, and how to create a balance sheet
Learn how KPIs enable you to determine how the business and its departments are tracking

Description

This is a course that provides everyone in a leadership or project role with a basic understanding of financial information. This course provides a simple approach for anyone who feels challenged just thinking about numbers and finances. Psychologist Peter Quarry and Glenyce Johnson, former CEO of a successful international travel business, cut through the jargon, discussing and explaining 10 key financial topics/terminology. This course is very useful for everyone, and essential for many in their roles at work. Businesses are more likely to be successful when owners and managers and project team leaders become proficient in understanding financial information.

Duration
50 mins

Languages
American English

Australian English

Subjects

Subjects

Business Growth 83

83

3

10

7

13

12

13

19

14

12

Careers | Job Satisfaction 87

87

16

21

13

29

13

27

Collaboration | Teams 65

65

9

11

20

9

8

15

Communication Skills 159

159

7

31

18

4

30

12

12

21

15

10

19

19

7

10

3

14

Compliance | Safety | Crises 57

57

9

9

11

4

19

17

Conflict | Difficult People 37

37

6

20

7

16

10

Culture | Change 55

55

11

21

16

22

Diversity | Inclusion | Respect 55

55

18

11

1

18

21

13

8

ESL | Learn English 62

62

20