How can financial data be used to help a company and its employees to make sound decisions that will supercharge the business?

This ExpertTrack will show you how firms can create value through expert investment decisions and financial strategies.

Whether you’re in a management or leadership role, or aspiring to one, you’ll have the chance to explore tools for assessing financial performance and the economic condition of an organisation, using the financial reports of real-world organisations. You’ll also be introduced to the key concepts of managerial accounting and explore how to identify relevant costs for short and long-term decision making.

Decipher financial reports from around your organisation

A strong understanding of your financial status is essential to running an effective and profitable organisation. On this ExpertTrack, you’ll have the chance to explore the importance of financial statement analysis by looking at statements of income, financial position, and further analysis. You can also get to grips with financial ratio analysis, liquidity ratios, and break-even analysis to be able to manipulate the core numbers from your reports.

As you work through the courses in this ExpertTrack, you’ll look at financial analysis examples from real businesses, helping you understand the importance of financial reporting and analysis.

Make sound capital investments in your organisation

Recognising good investment opportunities, avoiding the bad ones, and understanding financial risk management are all crucial business skills.

With this ExpertTrack, you’ll learn how to review capital investment details, calculate the different rates of return, and make informed decisions on the right investments to make.

FAQs

Will this ExpertTrack cover what ROI (return on investment) is used for?

Yes. Return on investment (ROI) is a widely used financial metric that measures the likelihood of gaining profit on an investment. You’ll learn about this metric in relation to evaluating the return potential of a standalone or several investments.

Will I learn how to read a balance sheet?

Yes. You’ll build your understanding of what’s on a balance sheet, how it relates to business interests, and how to use the data within it for business decision making.

Does this ExpertTrack cover Financial Ratio Analysis?

Yes. There is an entire course dedicated to learning how to assess the health of a business with financial ratios, exploring profitability ratios, and fixed asset turnover.