- Duration4 weeks
- Weekly study4 hours
- 100% onlineTry this course for free
- Included in an ExpertTrackCourse 1 of 3
- Get full ExpertTrack access$39/month
Financial Analysis for Business Performance: Planning, Budgeting, and Forecasting
Strong skills in budgeting and planning are in demand for a variety of roles - whether you’re interested in starting a career as an accountant, business analyst, or consultant, or even if you want to start your own business and need to manage these areas yourself.
This course provides an introduction to financial analysis, showing you the main tools that you have in order to start analysing and optimising for business performance. You will learn to find your way around a balance sheet, understand financial performance analysis, and determine which analysis tools to use for each.
Demonstrate how planning and budgeting help meet business goals
Countless businesses fail because of a poor grasp of their financials, and a lack of proper analysis when making key business decisions. You’ll explore the key function and purpose of business planning and budgeting, and how they contribute towards business goals.
Build your skills in financial analysis
Financial analysis includes interpretation of a business’ financial statements to diagnose profitability, helping the business to make sound decisions with full knowledge of its performance, expected revenue, and margins. You’ll learn to differentiate and deploy different analysis tools to provide business insights.
Create a set of business performance metrics to inform your work
Putting your knowledge into practice, you’ll perform and interpret key analyses to create a set of performance metrics to inform business planning and operations.
What will you achieve?
By the end of the course, you‘ll be able to...
- Explain the key function and purpose of financial planning and budgeting, and how they contribute to various business goals
- Explain the key function and purpose of financial performance analysis
- Determine the appropriate use case of key analysis tools to provide required business insights
- Perform and interpret key analyses, creating a set of performance metrics to inform business planning and operations
Who is the course for?
This course is designed to support learners who need to engage with large volumes of financial data. This includes entry-level finance or accounting professionals who would like to progress to higher-skill positions, and current finance professionals. It would also be useful for new managers and leaders, as well as business workers and entrepreneurs.
Discover how sound financial analysis and the employment of cutting-edge technologies can transform business performance.