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Financial Accounting

Financial Accounting

This course is part of Data & Finance for the future Specialization

Instructor: Felipe Garrán

2,920 already enrolled

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5 modules

Gain insight into a topic and learn the fundamentals.

18 reviews

Beginner level

Recommended experience

2 weeks to complete

at 10 hours a week

Flexible schedule

Learn at your own pace

5 modules

Gain insight into a topic and learn the fundamentals.

18 reviews

Beginner level

Recommended experience

2 weeks to complete

at 10 hours a week

Flexible schedule

Learn at your own pace

What you'll learn

Interpret the main financial statements and reports
Understand business performance across time
Evaluate company results and peer comparison
Use financial ratios to diagnose the company's economic status

Skills you'll gain

Details to know

Shareable certificate

Add to your LinkedIn profile

Assessments

17 assignments

Taught in English

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Build your subject-matter expertise

This course is part of the Data & Finance for the future Specialization

When you enroll in this course, you'll also be enrolled in this Specialization.

Learn new concepts from industry experts
Gain a foundational understanding of a subject or tool
Develop job-relevant skills with hands-on projects
Earn a shareable career certificate

There are 5 modules in this course

This course presents an introduction to financial statement analysis and its usage when assessing business performance. The first part of the course will focus on understanding the most important financial statements, namely, the balance sheet, the income statement, and the statement of cash flows. We will then focus on how we can understand the financial health and performance of the company by examining a number of important financial ratios that are derived from the financial statements of the company. Finally, we will be able to understand business performance across years comparing main results and indicators extracted from financial statements. Lectures on concepts will be supplemented with numerical examples and suggested readings.

Module details

In week1, we will cover an introduction to the balance sheet as business’ picture, focusing on accounting and its users and how a balance sheet is built. Next, we go on to understand the income and cash flow statements as business movies focusing on their principal accounts. Finally, we integrate the 4 statements using a restaurant as example.

What's included

8 videos5 readings5 assignments1 plugin

8 videosTotal 88 minutes

Accounting and its users9 minutes
Building the balance sheet15 minutes
The income statement14 minutes
Non-recurring items in the income statement7 minutes
Profit is not cash10 minutes
Cash from operations7 minutes
Non-operating cash9 minutes
A month in a pizzeria17 minutes

5 readingsTotal 110 minutes

Course Syllabus10 minutes
Slide deck for entire course10 minutes
Readings for the entire course10 minutes
Assets and Balance Sheet40 minutes
Expenses and Income Statement40 minutes

5 assignmentsTotal 110 minutes

Graded quiz: Balance sheet, Income statement, and Cashflow statement60 minutes
Practice quiz: balance sheet5 minutes
Practice quiz: the income statement20 minutes
Practice quiz: cashflow statement10 minutes
Practice quiz: integrated analysis15 minutes

1 pluginTotal 10 minutes

Classify each inflow and outflow (wait for page to load)10 minutes

In week 2, we will cover: company’s financial condition and performance across time (horizontal analysis) and to a base amount (vertical analysis); margin – a profitability measure; EBIT and EBITDA (the income provided by the company’s business, the operating result); net income (the results for the company's shareholders); tax shield.

What's included

8 videos4 assignments

8 videosTotal 33 minutes

Vertical analysis3 minutes
Horizontal analysis4 minutes
Margin analysis3 minutes
For each profit one margin6 minutes
Operating result4 minutes
Adjusted EBITDA5 minutes
From operating to net income3 minutes
Taxes and tax shield5 minutes

4 assignmentsTotal 110 minutes

Graded quiz: Income Statement Analysis60 minutes
Practice quiz: vertical and horizontal analysis30 minutes
Practice quiz: Margin analysis5 minutes
Practice quiz: EBITDA and nonrecurring items15 minutes

In week 3 we will better understand the balance sheet and important analyses we can perform with its data: liquidity ratios; receivables and inventories ratios; operational and financial liabilities; working capital; and cash cycle.

What's included

7 videos4 assignments

7 videosTotal 106 minutes

Liquidity Ratios10 minutes
Receivables and Inventories Ratios8 minutes
Operational and Financial Liabilities8 minutes
Working Cycle3 minutes
Working Capital Financing6 minutes
Cash Cycle4 minutes
Recording of Financial Accounting Live Session on 22-03-25 12:03:04 [22:20]67 minutes

4 assignmentsTotal 105 minutes

Graded quiz: Balance Sheet Analysis60 minutes
Practice quiz: Short term assets20 minutes
Practice quiz: Liabilities10 minutes
Practice quiz: Working capital analysis15 minutes

In week 4 we will discuss cash flow analysis, covering: cash flow from operations; cash flow from investing; cash flow from financing.

What's included

6 videos4 assignments1 plugin

6 videosTotal 90 minutes

Operations and its Cash4 minutes
Diving Deep10 minutes
Allocating Cash is Crucial5 minutes
More Liability Might Mean More Cash5 minutes
Reconciling Cash3 minutes
Recording of Live Session - Financial Accouting on 22-11-21 12:12:47 [02:41]63 minutes

4 assignmentsTotal 90 minutes

Graded quiz: Cash Flow Analysis60 minutes
Practice quiz: Cash flow from operations10 minutes
Practice quiz: Cash flow from investing10 minutes
Practice quiz: Cash flow from financing10 minutes

1 pluginTotal 10 minutes

Generation and consumption of cash (wait for page to load10 minutes

In week 5 we will put everything together and perform a step-by-step analysis.

What's included

9 videos2 readings

9 videosTotal 118 minutes

Getting Data4 minutes
Historical Performance9 minutes
Vertical Analysis12 minutes
Liquidity and Activity Ratios4 minutes
Mapping Cash Generation5 minutes
Inside each Pillar6 minutes
Measuring Return Over Capital5 minutes
ROIC and ROE6 minutes
Recording of Financial Accounting Live Session on 22-04-08 12:05:36 [07:04]67 minutes