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Business Environmental Analysis: Finance's Role

Financial information to gather and assess from your business environment for planning and operations

Created byRob Stephensworkspace_premiumBest Instructor
BeginnerUpdated Apr 30, 2024

What You'll Learn

  • check_circleRecognize models used in business environmental analysis
  • check_circleRecall how to perform common-size financial analysis
  • check_circleIdentify sources of environmental information

About This Course

Business environmental monitoring gathers internal and external data that could affect a company. Business leaders and financial analysts can examine that data to identify implications for their company and develop strategies for those implications. These strategies often mitigate threats or capture opportunities. Companies that better understand their business environment can anticipate and plan for changes, build more accurate financial projections, and allocate resources more effectively.

 This course focuses on Finance's role in environmental analysis. You'll learn the types of data that should be monitored by Finance. The course then explains popular models for analyzing that data.

 You'll learn:

·         The steps in the environmental monitoring cycle

·         The basics and uses of common-size analysis in environmental monitoring

·         What to analyze: both internal and external, and from the industry level to the customer level

·         Sources of financial business environment information

·         Models to organize and synthesize environmental information for planning and decision-making

This course is useful for business leaders and financial staff who are involved in any of these processes:

·         Strategic planning

·         Budgeting, financial projects, and financial modeling

·         Identifying best practices and benchmarks

·         Product and customer profitability analysis

·         Mergers and acquisitions

·         Tax planning

·         Setting owners' distributions or dividends

Course Content

5 activities • 12 videos • duration: 1h 48m

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Environmental Analysis Basics3 videos • 1 quiz • 37 min
  • videocamWhat is Business Environmental Monitoring and Why Do It?
    Duration 7:32
  • videocamThe Environmental Monitoring Cycle
    Duration 14:00
  • videocamCommon Size Analysis
    Duration 15:54
  • quizReview Questions #1
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Dimensions5 videos • 1 quiz • 39 min
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Models3 videos • 21 min
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Key Takeaways1 videos • 1 quiz • 10 min
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Final Assessment1 quiz

Your Instructor

Rob Stephens

Founder of CFO Perspective

menu_book34 courses
star5,082 reviews

Rob Stephens is the Founder of CFO Perspective, which provides continuing education courses for CPAs and financial management courses for business advisors and staff. He has been quoted in Forbes, U.S. News and World Report, Bloomberg Businessweek, and many other news sources. He is also the author of Key Performance Indicators and KPI Dashboards. Rob has a 30-year career that includes serving as a CFO, Director of Operations, and SVP of Finance. Rob is an adjunct instructor for the MBA program at Gonzaga University. Rob holds a Masters of Science in Personal Financial Planning and a Graduate Certificate in Financial Therapy from Kansas State University. He received a B.A. in Business Administration from the University of Washington.

Credit Information

Is this course eligible for my CPD requirements as a Canadian CPA?

Provincial regulators of CPAs in Canada do not require that independent providers of CPD be approved to offer courses. Instead, individual CPAs are responsible for assessing whether a CPD activity meets their requirements, and may take activities from any source provided those requirements are met.

Every course offered on LearnFormula is delivered by a qualified subject matter expert or learning organization, and advances learning objectives that are relevant to the responsibilities or professional competencies of Canadian CPAs. All activities on LearnFormula are quantifiable in terms of hours, and are also verifiable, in that users receive documented evidence of their attendance via a certificate of completion after finishing a course (and this certificate is stored by LearnFormula indefinitely). Nearly 100,000 Canadian CPAs successfully satisfy their CPD requirements via LearnFormula on an annual basis.

What Students Are Saying

4.9 out of 5
Student's Choice
129 reviews
  • EB
    Emily B.
    starstarstarstarstar

    Presenter is easiest to understand on x0.75 speed

  • MN
    Mpilwenhle Jaspar N.
    starstarstarstarstar

    Awesome course,

  • ME
    Mark E.
    starstarstarstarstar

    Very Informative.

  • OF
    Olivia F.
    starstarstarstarstar

    Good course!

Frequently Asked Questions

We are a registered provider with 300+ associations and regulatory bodies worldwide. We operate across 27 global markets including Canada, the US, Australia, and the UK. Every course page clearly displays its specific accreditations. Upon completion, you receive a professional certificate that can be validated online. Our certificates include all necessary accreditation details, credit hours, and completion dates, and are formatted specifically to meet the submission requirements of most global regulatory bodies.

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