Finance Essentials
- 10 Courses | 4h 25m 47s
- 9 Books | 31h 57m
- 9 Audiobooks | 40h 32m 38s
Every business decision has financial impact. Expand your financial acumen for improved decision making.
COURSES INCLUDED
Basics of Accounting for Non-financial Professionals
Understanding basic accounting isn't just for financial experts - it's a crucial skill for anyone in business, whether you're running a coffee shop or leading a team in a large organization. This course will empower you to make informed decisions that positively impact your department, organization, or small business. In this course, you will learn the essentials of financial literacy, including Balance Sheets, Income Statements, and Cash Flow Statements, and how these concepts apply to everyday business decisions like budgeting and cost management. You'll discover the strategic role of finance in business and learn to use financial data to support long-term goals. By the end of this course, you'll be able to confidently navigate financial conversations, understand the monetary side of business, and have some tools to advance your career.
24m
Assessment
Badge
Comprehending Financials: A Guide to Financial Statements
To maintain your company's finances, you need a strong knowledge of business finance. And to improve the financial well-being of your company, it's vital to understand key financial statements, such as the Income Statement, Cash Flow Statement, and Balance Sheet, as these will hint at problems and possible solutions. This course will give you an overview of these three statements. You'll also explore typical examples of financial statements, learn how each financial statement relates to the other, and discover what each one indicates about your company's financial position.
9 videos |
24m
Assessment
Badge
PMI PDU
Financial Statement Analysis for Non-financial Professionals
Financial analysis helps you understand your organization's business finance, as well as its strengths and weaknesses. This course explains finance for non-finance professional in easy-to-understand language, with a specific focus on financial statements. You'll learn about methods for analyzing financial statements from the perspective of a non-financial professional. You'll explore the concept of the Time Value of Money. You'll also examine how to use common financial ratios for profitability, efficiency, liquidity, and solvency, and study percentage calculations. Finally, you'll be introduced to vertical and horizontal analysis.
9 videos |
26m
Assessment
Badge
PMI PDU
Focusing on the Bottom Line as an Employee
Workplace cost consciousness enables a company's financial success. Cost control is every team member's responsibility and requires planning and effort. In this course, you'll learn how employees can contribute to cost-control efforts by making cost changes, including to travel, supply, and facility costs.
7 videos |
19m
Assessment
Badge
PMI PDU
Managing with a Cost-control Mindset
Managing costs effectively is critical to the financial success of a business and can help you avoid painful cuts. Cost control is a team effort that requires careful cost management. In this course, you'll learn how to identify cost management opportunities, get your team involved in cost-control efforts, and use tools like cost splitting and Lean.
7 videos |
20m
Assessment
Badge
PMI PDU
Leadercamp on-demand: Business Acumen Series on Finance
Financial literacy equips leaders with the skills and knowledge needed to navigate the complexities of running an organization successfully. It empowers them to make effective decisions, manage risks, and drive the organization toward growth and sustainability. All leaders should have a basic understanding of finance so that they are conversant in financial terminology and can read and understand key financial documents. In this Leadercamp, PMP and managing partner at Lemmex Williams Training Steve Lemmex reviews key financial statements to explain what they mean and what they are used for. In addition to fostering an understanding of the statements, he will explore several key financial ratios used in businesses to determine how an operation is tracking.
1 video |
56m
Assessment
Badge
Key Accounting Concepts and Principles
How do organizations communicate vital business and finance information? Achieving the utmost clarity in communication requires knowledge of financial management and a strong understanding of accounting basics. Accounting an internal function that involves identifying, recording, summarizing, and reporting business transactions and financial events in an organization. In this course, you'll learn the core concepts and financial essentials of accounting, such as the accounting equation and its components, as well as the rule of debits and credits. You'll also develop your financial acumen by exploring the accounting cycle, and the effect of cash and accrual-based accounting systems.
7 videos |
21m
Assessment
Badge
Preparing Financial Statements and Closing Accounts
Developing your financial acumen is a must in today's economy, and improving your knowledge of accounting basics and financial management is a good first step. In this course, you'll explore the financial essentials that will enable you to understand key steps in the management of finance within the accounting cycle. You'll learn how, once you've worked your way through recording transactions and posting to ledgers, you're ready to start preparing financial statements. You'll learn about Income Statements, Balance Sheets, Cash Flow Statements, and how they're interrelated. You'll also learn about the steps involved in closing accounts.
9 videos |
23m
Assessment
Badge
Basic Accounting Concepts for Non-financial Professionals
Finance and accounting are at the heart of every business. Even if your role isn't directly related to finance, your activities may still have financial implications. This course explains the basics of finance for non-finance professionals, and covers key accounting and finance essentials and concepts: the basic accounting equation, accrual-based accounting, and basic accounting principles. It explores business finance, including how business transactions affect financial statements and the bottom line. You'll walk through the four-step accounting process, and you'll learn the fundamental principles of cash flow management and the four types of financial risk.
9 videos |
25m
Assessment
Badge
PMI PDU
Basic Budgeting for Non-financial Professionals
It's not only the Finance department that needs to understand budgeting and finance essentials. Given the importance of finance for non-finance professionals, it's in everyone's best interest to have some basic knowledge of one of the most important aspects of business finance - budgeting. In this course, you'll learn to identify the characteristics of an effective budget, the stages in planning one, and how to distinguish between budgets types. You'll also explore budgeting concepts and techniques such as historical and zero-based budgeting, variance analysis, capital budgeting, and performing budgeting calculations.
9 videos |
23m
Assessment
Badge
PMI PDU
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EARN A DIGITAL BADGE WHEN YOU COMPLETE THESE COURSES
Skillsoft is providing you the opportunity to earn a digital badge upon successful completion on some of our courses, which can be shared on any social network or business platform.
Digital badges are yours to keep, forever.BOOKS INCLUDED
Book
How to Understand Business Finance, Second EditionDescribing a business as it proceeds from initial set-up through its first year of trading, this informative book provides a quick course on business finance as it relates to business growth.
1h 59m
By Bob Cinnamon, Brian Helweg-Larsen
Book
Executive Finance and Strategy: How to Understand and Use Financial Information to Set Strategic GoalsBy using finance as a record keeper and predictor of success, this book works on the premise that financial models can clearly demonstrate where a particular strategy might lead, and helps quantify strategy to gain support from colleagues and take the right actions to ensure sustainable growth.
4h 48m
By Ralph Tiffin
Book
The 30 Day MBA in Business Finance: Your Fast Track Guide to Business SuccessIncluding studies of the Bulgarian government, Lloyd's, Northern Rock, and Lehman Brothers, this book shows readers how to become a financial strategist, how to move out of their disciplinary straightjacket, and how to become top managers.
4h 44m
By Colin Barrow
Book
Finance Basics Secrets: The Experts Tell All!Presenting the finance basics that experts and top professionals understand, this concise guide explains how to analyze a business from its financial reports; understand a Profit and Loss account; make sense of accounting jargon; build a financially sound business plan; deal with revenue, profit and cashflow; and more.
1h 8m
By Stuart Warner
Book
The Essentials of Finance and Accounting for Nonfinancial Managers, Third EditionPacked with fresh insights and information on accounting regulations, international accounting practices, and global business trends, this book will help you grasp not only what the numbers mean-but how you can use that intelligence to drive your business forward.
4h 42m
By Edward Fields
Book
The Handbook of International Trade and Finance: The Complete Guide for International Sales, Finance, Shipping and Administration, Third EditionProviding a full explanation of the key finance areas of international trade, this insightful book offers a complete and thorough assessment of all the issues involved in constructing, financing, managing and completing a cross-border transaction.
4h 26m
By Anders Grath
Book
The Next Economy MBA: Redesigning Business for the Benefit of All LifeThis radical and rigorous rethinking of the traditional MBA program combines solid business principles with a commitment to environmental and social justice.
3h 6m
By Erin Axelrod, Kevin Bayuk, LIFT Economy, Phoenix Soleil, Ryan Honeyman, Shawn Berry
Book
Confessions of an Economic Hit Man, 3rd EditionThe riveting third edition of this New York Times bestseller blows the whistle on China's economic hit man (EHM) strategy, exposes corruption on an international scale, and offers much-needed solutions for curing the degenerative Death Economy.
6h 58m
By John Perkins
Book
MIT Sloan Management Review Article on The Case Against Restricting Stock BuybacksA large-sample study of share repurchasing finds that most criticisms against the practice appear to be unfounded.
6m
By Nicholas Guest, Parth Venkat, S.P. Kothari
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AUDIOBOOKS INCLUDED
AUDIOBOOK SUMMARY
Using Accounting & Financial Information: Analyzing, Forecasting & Decision-MakingIn Using Accounting & Financial Information, author Mark S. Bettner approaches the concepts of accounting and financial reporting from the user's perspective. In this Summary, we discuss the salient points of the book based on our interpretation of its contents.
22m 3s
By Mark S. Bettner
AUDIOBOOK SUMMARY
The Essentials of Finance and Accounting for Nonfinancial Managers, Third EditionThe Essentials of Finance and Accounting for Nonfinancial Managers, Third Edition will help you understand more about your own company's documents and how to read other companies' publications to know where they're headed. In this Summary, we discuss the salient points of the book based on our interpretation of its contents.
22m 4s
By Edward Fields
AUDIOBOOK SUMMARY
Finance and Accounting for Non-Financial Managers, Third EditionIn Finance and Accounting for Non-Financial Managers, Third Edition, author Eliot Sherman gives you a careful explanation of the concepts at the heart of finance and accounting. In this Summary, we discuss the salient points of the book based on our interpretation of its contents.
21m 10s
By Eliot H. Sherman
AUDIOBOOK SUMMARY
No Fear Finance: An Introduction to Finance and Investment for the Non-finance ProfessionalNo Fear Finance discusses the important aspects of finance in basic terms for the everyday entrepreneur. In this Summary, we discuss the salient points of the book based on our interpretation of its contents.
19m 48s
By Guy Fraser-Sampson
AUDIOBOOK SUMMARY
Financial Intelligence: A Manager's Guide to Knowing What the Numbers Really MeanFinancial Intelligence helps you navigate the tough economic world of the modern business professional with the confidence of a trained accountant. In this Review, we discuss the salient points of the book based on our interpretation of its contents.
13m 51s
By Joe Knight, John Case, Karen Berman
Audiobook
Financial Shenanigans: How to Detect Accounting Gimmicks & Fraud in Financial Reports, Fourth EditionThis audio edition reveals everything you need to know to unearth deceptive reporting and avoid costly mistakes.
10h 21m 30s
By Howard M. Schilit, Jeremy Perler, Yoni Engelhart
Audiobook
Financial Intelligence: A Manager's Guide to Knowing What the Numbers Really MeanThis audio edition gives nonfinancial managers the confidence to understand the nuance beyond the numbers to help bring everyday work to a new level.
7h 20m 13s
By Joe Knight, Karen Berman
Audiobook
The Wealthy Barber: Everyone's Commonsense Guide to Becoming Financially IndependentThis audio edition simplifies the complex puzzles of personal finance and helps you achieve financial independence.
6h 54m 16s
By David Chilton
Audiobook
The Age of Cryptocurrency: How Bitcoin and Digital Money Are Challenging the Global Economic OrderThis audio edition demystifies the concept of cryptocurrency, detailing its origins, its function, and what you need to know to navigate a cyber-economy.
14h 17m 43s
By Michael J. Casey, Paul Vigna
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SKILL BENCHMARKS INCLUDED
Finance and Budgeting Skills
Every business decision has financial impact. Expand your budgeting skills and financial acumen for improved decision making. Learn to skillfully analyze financial statements for better management of your organization's financial resources. Financial professionals must know how to effectively analyze the financial statements of their organization. Generally, this requires an understanding of the structure of budgeting and financial statements, the economic characteristics of the industry you're in, and the strategies your organization pursues to differentiate itself from its competitors. This benchmark evaluates your understanding of this topic. Being aware of potential knowledge gaps allows you to better understand your current competency and areas for improvement, so you can find suitable content and curate your own learning path. The courses recommended at the end of this benchmark can help you fill potential gaps in your knowledge.
8m
| 8 questions