Develop a solid foundation and learn essential financial management concepts with this free online course on Alison.com. Are you looking to develop a career in the field of financial management? Do you want to study the trends and calculations used to measure a company's performance? Then this finance course is the perfect opportunity. We introduce you to the basics of financial management, a solid foundation for you to build on. Then we guide you through it all, from budgets and ratio analysis to risk management, to prepare you for the next stage of your career.
| College | Alison |
| Course ID | 188823 |
| Course Type | Online Learning |
| Course Qualification | CPD Certificate |
| Course Duration | 1.5-3 hours |
| Course Fee | Free |
| Entry Requirements | Like all courses on the Alison Free Learning platform this is a free, CPD-accredited course. A Graduate can choose to buy a certificate or diploma upon successful completion of a course, but this is not required or necessary. At Alison we believe that free education, more than anything, has the power to break through boundaries and transform lives. Alison is the world’s largest free online empowerment platform for education and skills training, offering over 5000 CPD accredited courses and a range of impactful career development tools. It is a for-profit social enterprise dedicated to making it possible for anyone, to study anything, anywhere, at any time, for free online, at any subject level. Through our mission, we are a catalyst for positive social change, creating opportunity, prosperity, and equality for everyone. |
| Career Path | In This Free Course, You Will Learn How To • Define the term ‘financial management’ • Identify the role of financial managers in an organisation • Describe the fundamentals of budgeting and the budgeting process for organisations • Explain what a statement of financial position/balance sheet is along with its components • Discuss what a ‘profit and loss’ statement is and an explanation of its key heads • Describe how to make a cash flow statement and the importance of cash for organisations • Explain what a ‘statement of changes in equity’ is along with its key components • Identify some of the controversies that exist regarding the subject of stockholders' equity • Discuss the process of interpreting and analysing financial statements through key ratios based on the target users • Describe how all the financial statements are interrelated to one another when it comes to decision-making and trend analysis • Compute the formula for the calculation of the DuPont equation and list its advantages • Discuss the internationalisation of businesses along with its impact on risk and shareholder wealth |
| Course Code | 5074 |

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