SKILL BENCHMARK
Finance and Budgeting Skills
- 8m
- 8 questions
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.
Topics covered
- Accounting for Stock Transactions
- Basic Accounting Concepts for Non-financial Professionals
- Basic Budgeting for Non-financial Professionals
- Financial Statement Analysis for Non-financial Professionals
- Focusing on the Bottom Line as an Employee
- Key Accounting Concepts and Principles
- Preparing Financial Statements and Closing Accounts
- Recording, Posting, and Balancing the Books
