Finance Data Analysis: Better Business Through Financial Management
Discover how data and financial information can be used to boost business
One of the primary challenges for any business is to make investment decisions that provide yield rates in excess of the cost of financing those investments. How can financial data be used to help a company and its employees to make sound decisions that will supercharge the business?
This ExpertTrack will show you how firms can create value through expert investment decisions and financial strategies.
You’ll have the chance to explore tools for assessing financial performance and the economic condition of an organisation, using the financial reports of real-world organisations. You’ll also be introduced to the key concepts of managerial accounting and explore how to identify relevant costs for short and long-term decision making.
Decypher financial reports from around your organisation
A strong understanding of your financial status is essential to running an effective and profitable organisation. You’ll have the chance to learn how to review statements of income, financial position, and further analysis. You can also get to grips with ratio analysis, liquidity ratios, and break-even analysis to be able to manipulate the core numbers from your reports.
Make sound capital investments in your organisation
Recognising good investment opportunities – and avoiding the bad ones – is a crucial business skill.
You’ll learn how to review capital investment details, calculate the different rates of return, and make informed decisions on the right investments to make.
Will this ExpertTrack cover what ROI (return on investment) is used for?
Yes. Return on investment (ROI) is a widely used financial metric that measures the likelihood of gaining profit on an investment. You’ll learn about this metric in relation to evaluating the return potential of a standalone or several investments.
Will I learn how to read a balance sheet?
Yes. You’ll build your understanding of what’s on a balance sheet, how it relates to business interests, and how to use the data within it for business decision making.
What Will I Learn?
- Evaluate the performance of an organisation using various financial analysis tools
- Identify different patterns of cost behaviour and apply cost-volume-profit analysis to business decisions
- Apply discounted cash flow and other techniques to capital investment decisions
- Describe the performance of an organisation using financial and non-financial measures