财务管理

This Financial Management course explores the key financial statements used by businesses to understand their financial position, their operations, and their cash flows. The balance sheet, income statement, and cash flow statement are key statements that any financial manager will want to be familiar with. You will also learn about other fundamentals like cost structures, budgeting, financial management in shipping and receiving, and financial analysis for production and operations.

These financial fundamentals will provide you with the skills necessary to communicate with other financial personnel and make important financial decisions for your business. This course covers many cost classifications, like variable, fixed, and mixed costs, as well as period and product costs. Understanding costs can help with the budgeting process, and this course details best practices for budgeting, as well as the many types of budgeting and how they can benefit your business. This course also addresses operational concerns, like financial management for shipping and receiving. The economic order quantity and reorder point calculations will help you know when to reorder inventory and how much should be ordered. Another important tool for determining the profitability of your business is the break-even analysis, which is used to determine how many items need to be sold to break-even. Use these financial tools, alongside the financial statements, to effectively make decisions for your business.