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COURSES & LIBRARIES
Course Title:
Finance
Units: 7Quizzes and Tests - Included/Optional
Course Summary:
by G. Liam Thompson
To The Executive:
Welcome to the "Finance" course. "Finance" was designed to include basic information on topics of use in business. For example, Modules 1 through 3 discuss four general-purpose business financial statements:
- The Balance Sheet (Module 1),
- The Profit and Loss Statement (Module 2),
- The Statement of Retained Earnings (Module 2), and
- The Statement of Cash Flows (Module 3).
Module 4 then discusses Interpreting Financial Statements, while Module 5 discusses Raising Capital Funds: Stocks and Bonds.
The final two modules discuss business assets: Long-Term Assets (Module 6) and Current Assets: Inventory (Module 7).
It is true that the topic of Finance is heavy on math: that's just the nature of the material.
Now, before you panic, let me try to alleviate any fears you might have: the mathematics used herein are very basic. Let me repeat: "The math used in this Finance course is very, very basic."
OK? No higher math, no calculus, not even any algebra. Just plain old addition, subtraction, multiplication, and division.
Granted, at first glance, the different financial statements and many formulas will look detailed and confusing.
But keep one thing in mind: "familiarity leads to understanding."
Spend time with the material, and you will understand the math.
Remember to keep a calculator and paper and pencil handy. Use them to help you understand the math behind all the financial statements and the formulas.
The "Finance" course begins on the next screen. Have fun learning!!
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