Summary: | In this comprehensive course, you'll embark on a journey to understand finance tailored for non-financial professionals. Starting with the basics, explore the differences between capital and revenue expenditures and delve into cost behavior. With clear explanations and practical examples, you'll learn to build and manage budgets effectively. As you progress, uncover the fundamental principles of accountancy and finance, learning common financial terms and the intricacies of financial statements. From the DNA of balance sheets, cash flow statements, and profit & loss statements, to the effects of depreciation and the importance of working capital, each video builds your confidence in navigating financial data. Discover how to conduct ratio analysis, variance analysis, and reforecasting, ensuring you can review your company's performance critically. By the end of the course, you will have a solid understanding of cash flow, budgeting, financial forecasting, and the distinction between finance and funding. This course not only teaches you the theory but also provides practical insights into reviewing and controlling costs, keeping financial records, and leveraging data analysis for business decisions. Empower yourself to positively impact your organization's financial health.
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