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Business Finance 101

A Beginner’s Guide to Business Accounting and Finance.

Created byRoss Maynard
BeginnerUpdated May 19, 2022
Business Finance 101

What You'll Learn

  • check_circleThe history of business accounting
  • check_circleWhy businesses fail
  • check_circleThe two main purposes of business finance and accounting
  • check_circleThe key principles of business finance and what they mean
  • check_circleWhat debits and credits are
  • check_circleThe three key financial statements for an organisation
  • check_circleWhat the Balance Sheet tells you
  • check_circleWhat the Income Statement (also called the Profit and Loss Account) tells you
  • check_circleWhat the Cashflow Statement tells you
  • check_circleKey financial performance indicators in business
  • check_circleAnalysing business investments

About This Course

Three are three main reasons for business failure – an under-skilled management team; ineffective marketing; and poor financial management. Every manager, or student of management, requires a good grasp of business finance. This course will help. Business finance concerns the management of the monetary resources of an organisation. There are two aspects to this:

  1. Raising the money to invest in the business
  2. Managing that investment properly to generate a return

Raising the money is about having an attractive proposition and managing the risk to investors. Managing the investment is about the financial controls and reporting of the business. This course covers the three main financial reports; financial performance indicators; and investment analysis.

This course will give you a good grasp of the key principles and issues in business finance.

Course Content

3 activities • 12 videos • duration: 1h 14m

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Section 112 videos • 1 quiz • 1.2 hours
  • videocamWhat is Business Finance
    Duration 5:35
  • videocamWhy Businesses Fail
    Duration 4:32
  • videocamThe Principles of Business Finance Part 1
    Duration 6:40
  • videocamThe Principles of Business Finance Part 2
    Duration 4:53
  • videocamThe Balance Sheet
    Duration 10:29
  • videocamThe Income Statement
    Duration 4:19
  • videocamThe Cashflow Statement
    Duration 6:58
  • videocamA Business Finance Exercise
    Duration 5:42
  • videocamFinancial Performance Indicators
    Duration 10:43
  • videocamInvestment Analysis
    Duration 5:02
  • videocamInvestment Analysis Exercise
    Duration 3:06
  • videocamKey Learning Points in Business Finance
    Duration 6:28
  • quizQuiz
add
Review questions-Part11 quiz
add
Final Exam-Part11 quiz

Your Instructor

Ross Maynard

Business author and consultant, specialising in performance measurement and improvement

menu_book63 courses
star3,910 reviews

I am a Fellow of the Chartered Institute of Management Accountants in the UK and work as an author of business courses and a process improvement consultant. I have over 30 years' experience and live near Stirling in Scotland, with my wife, daughter and Cocker Spaniel. I aim to make my courses accessible and understandable. My courses focus on business topics including KPIs, performance measurement, approaches to business improvement, Agile and Lean. I hope you enjoy my courses.

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

4.6 out of 5
Student's Choice
9 reviews

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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