Course Overview

Course Overview Many of us flinch when we hear terms like depreciation, cash flow, balance sheet, and (worst of all!) budgets. However, these are all important concepts to understand if you’re going to succeed in today’s business world, particularly as a supervisor. Even better, financial terms are not as scary as they seem!

Learning Objective

After you complete this course, you will be able to:

  • Discuss various types of financial reports, including income statements, balance sheets, cash flow statements, and statements of retained earnings

  • Recognize different types of organizational financial plans?

  • Find the rules and regulations for your area and industry

  • Deal with financial situations that impact the people that work for you

  • Tell the difference between cash and accrual accounting

  • Determine whether a company is financially high or low risk

Course curriculum

  • 1

    Welcome to this course!

    • Life Lesson
  • 2

    Module 1

    • Lesson 1 - The Basics
    • Lesson 2 - General Accepted Accounting Principles (GAAP)
    • Lesson 3 - The Accounting Cycle
    • Lesson 4 - Overview of the Accounting Cycle
    • Quiz
    • Life Lesson
  • 3

    Module 2

    • Lesson 1 - The Key Reports
    • Lesson 2 - Balance Sheet
    • Lesson 3 - Cash Flow Statement and Retained Earnings
    • Quiz
    • Life Lesson
  • 4

    Module 3

    • Lesson 1 - Understanding the Charts of Accounts
    • Lesson 2 - Single vs. Double Entry Accounting
    • Lesson 3 - Self Test
    • Lesson 4 - Self Test
    • Quiz
    • Life Lesson
  • 5

    Module 4

    • Time for a Boost. Dont stop now.
    • Lesson 1 - Understanding Debits and Credits
    • Lesson 2 - Identify and Analyze Data
    • Lesson 3 - Annual Reports
    • Quiz
    • Life Lesson
  • 6

    Module 5

    • Lesson 1 - Using Charts and Graphs
    • Lesson 2 - Using Ratios for Decision Making
    • Lesson 3 - Identifying High and Low Risk Companies
    • Quiz
    • Life Lesson
  • 7

    Module 6

    • Lesson 1 - The Basics of Budgeting
    • Lesson 2 - Case Study
    • Lesson 3 - Computer Survival Skills
    • Quiz
    • Life Lesson
  • 8

    Final Quiz

    • Final Quiz
    • Next Steps