Online Short-Course | In collaboration with University of Maryland

Financial Accounting

Financial accounting is called the “language of business,” and for good reason. An examination of a firm’s financial statements – which reflect the company’s performance – reveals a wealth of information about its history, current financial health, and future potential. This is why business leaders use accounting to communicate their organisation’s financial information to potential investors, shareholders, lenders, and regulators. Financial accounting allows an organisation’s leaders to make sound business decisions and helps investors better understand company value.

In this course, you will learn how to interpret and communicate financial statements so that you can speak confidently on indicators such as assets, liabilities, shareholders’ equity, and goodwill. This course will teach you how to interpret the three financial statements core to any business – the income statement, balance sheet, and statement of cash flows – and analyse how they reflect business decisions. By the end of this course, you will know how to use financial accounting as a strategic tool to understand and grow your business – and understand and outmanoeuvre your competitors.

This course forms part of the University of Maryland's MBA Core Curriculum MicroMasters® programme, offered through the edX® platform.

The MBA Core Curriculum MicroMasters® programme from the University of Maryland includes the following courses:

Marketing Management

Learn key marketing strategies and tactics to help your company develop products that match customers' needs, create awareness and demand for those products, and drive sales.

Leadership and Influence

Develop the skills to motivate and inspire others so you can confidently lead your organisation to success.

Financial Accounting

Financial accounting is the language of business. Learn to effectively interpret financial information to make sound decisions and confidently communicate to other leaders in your firm and with potential investors, shareholders, and creditors.

Data Analysis for Decision Making

Use data analysis to gather critical business insights, identify market trends before your competitors, and gain advantages for your business.

Strategic and Transformational IT

Learn about the explosion of technologies that are transforming business and how to strategically leverage technologies to maximise the value – and minimise the risk – to your firm.

Corporate Finance

Develop the ability to identify and resource high-value strategic initiatives and ensure a high rate of return for your firm's investments.

Global Business Strategy

Learn how to capitalise on opportunities, and manage the challenges of the global marketplace, and leverage this dynamic environment for long-term value.

Programme Outcomes

The impact of financial transactions on financial statements. How to read and prepare balance sheets, income and cash flow statements. How to use financial statements to understand the profitability and financial health of your organisation. How to choose between equity and debt to finance the growth of your firm

More

No Need to Travel

20th January 2019

R2,875.00

7 Weeks

8-10hrs effort per week

The impact of financial transactions on financial statements

How to read and prepare balance sheets, income and cash flow statements

How to use financial statements to understand the profitability and financial health of your organisation

How to choose between equity and debt to finance the growth of your firm

Topic:

Module 1

The Basics of Financial Statements

Module 2

Adjustments for Preparing Financial Statements

Module 3

Understanding and Analyzing Inventory and Receivables

Module 4

Understanding and Analyzing Long Term Assets

Module 5

Understanding and Analyzing Liabilities and Bonds

Module 6

Understanding and Analyzing Shareholders’ Equity

Module 7

Understanding and Analyzing Statement of Cash Flows

Request more information