Financial Management and Reporting
This course focuses on how economic events are reflected in a firm’s financial statements including a balance sheet, an income statement and a statement of cash flows. It also focuses on how financial statement information is used by various stakeholders such as shareholders, creditors, employees and customers in making decisions with regard to the firm, including credit decisions and/or valuing a firm’s equity securities.
Learning outcomes from the course:
- Understand how economic events affecting a business are quantified and summarized in a company’s financial statements, including its balance sheet, income statement and statement of cash flows
- Be able to analyze a company’s financial performance, benchmark its performance against peers, and determine how a company could improve its future performance
- Learn to analyze a company’s working capital investments
- Use financial criteria such as net present value (NPV), internal rate of return (IRR) to evaluate whether capital expenditure projects increase shareholder value