Finance Course for Non-Finance Managers: Financial Statements Basics and Practical Skills
Some business people don't have a finance background but most of them find themselves in a position to work with numbers. Finance is present in budgets, performance reports, business decisions and so much more. This is why it is valuable to have a finance course for non-finance managers. It's not the accountants' thing. It's all about explaining to you what those numbers are talking about so that you can make decisions from that in your role. Financial Statements Basics Typically, financial statements basics are the first place to begin. This involves knowing what the income statement, balance sheet, and cash flow statement are. In the beginning, these reports can seem like a daunting task; however, once you understand what you are reading, they will become much easier to read. It begins to become apparent how the concepts of revenue, costs, assets, and cash flow all relate to each other. Finance for Non-Finance Managers Finance for non-finance managers is about pu...