Description
Thinking of finance, there is always one problem for managers in the business world.
They are often unfamiliar with the real meaning of financial terms. This course will help those who are interested to learn the framework of managerial financial statements. The balance sheet, Income and Cash flow statements are explained here from the management and owners' point view. This knowledge would be especially useful not so much for academic purposes but mainly for business practices.
Before we begin, It would make sense to clarify the difference between managerial and external financial statements.
Managerial Financial Statements
The main purpose of Managerial financial statements is to provide owners and managers with timely, reliable information about business performance for decision making in the most convenient and useful format.
External Financial Statements
External financial statements are those distributed outside of the company's management. The usual recipients of this information are government agencies, banks and other external institutions. These statements are quite strictly regulated by national legislation and international accounting standards which is not always best suitable and convenient for management purposes.
We focus on Managerial Finance in this course.
At first, I am going to challenge your understanding of Net Profit. Please check your confidence, knowledge and intuition at the start of this course. You can rely on your common management sense, but not only on accounting rules. Sometimes it works even better.
Course Info
Frequently Asked Questions
-
How long is a coupon valid?
Coupons are issued by instructors to promote their courses, gain traction and reach momentum. The instructor can choose to emit discounted (ex: $11.99 coupon) or 100% off coupon (you pay nothing). Each coupon becomes expired when emitted quota is over (1000 enrollments) OR expiration date has been reach (5 days).
-
What is this "1000 enrollments" from Udemy?
For a coupon, number of activation are now capped to 1000 max. This means that it can be activated only a 1000 times, and then it expires; or reach its expiration date; whatever happens first.
-
Could you please help me to find a coupon for this course?
We have no contact with instructors, and only instructors can emit coupons. You can try to directly contact the instructor finding his/her Twitter/Facebook, and ask him/her for a coupon, but at our level, we cannot help, sorry.
-
What is exactly your relationship with Udemy?
We have an affiliate contract with Udemy and we may receive a commission when you purchase through some of the affiliate links on this website. But this website is not a part of the Udemy Inc. Additionally, this website is NOT endorsed by Udemy in any way. Udemy is a trademark of Udemy, Inc. `
