Overview
Taking students through both theoretical and real-world examples to demonstrate the valuation of assets, this program will help students in various decision-making processes not only in business, but in personal finance as well. Moreover, this program will introduce students to the basics of evaluating corporate financial statements, evaluating certain aspects of a company to determine its overall wealth or health, both of which go to shareholder value every companys overall mission. The program ensures students have a firm understanding of risk and return, individual and collective financial markets, the application of capital budgeting tools and learn how to properly evaluate capital structure and dividend policy in a global context.
The Finance Professional program provides students with a foundational knowledge of financial management. The program covers key language and terminology, time-value of money, financial markets and securities, financial statements, financial analysis, risk and return, valuation of stocks and bonds, capital budgeting and valuation, cost of capital and capital structure, working capital management, dividend policy, and international finance. Students are required to apply the various financial tools and understand how they impact financial decision-making.
-
Languages
-
English
-
Course Access Time
-
Students are given 6 months to complete the program. Extensions are available if needed, fees may apply.
-
Instructor
-
This class supported by an Educational Mentor. Our educational mentors have worked or are working in the subject they mentor. Educational Mentors reviews student work, student progress, and interacts with students as needed. They respond to any questions or concerns you might have, as well as encouraging and motivating you to succeed.
Patricia has a degree in Medical Assisting from The Career College of Northern Nevada, Dental Assisting from the Community College of the Air Force, and is currently working on her B.S. in Criminal Justice Studies from Grand Canyon University in Arizona. She has over 10 years of experience working in doctors offices and has been an Air Force Reservist since 2009. She has worked as an instructor for multiple schools over the last 4 years teaching medical and dental assistant curriculum, as well as OSHA safety requirements and career development.
-
Prerequisites/Audience
-
There are no specific prerequisites for this program. Students will need access to both a computer and the internet. Students should have basic keyboarding and computer skills, and be comfortable navigating the internet.
Requirements
Internet Access
• Broadband or high-speed internet access is required. Broadband includes DSL, cable, and wireless connections.
• Dial-Up internet connections will result in a diminished online experience. Moodle pages may load slowly and viewing large au
Hide Syllabus
Lesson 1
Principles of Accounting Level 1 Module 1
Role of Accounting in Society
• Difference Between Financial and Managerial Accounting
• Users of Accounting Information
• Typical Accounting Information
• Identifying, Recording, and Reporting
• Importance to Business Stakeholders
Principles of Accounting Level 1 Module 2
Introduction to Financial Statements
• Income Statement
• Owner’s Equity
• Balance Sheet
• Cash Flows
• Current and Noncurrent Assets
• Current and Noncurrent Liabilities
• Revenues
• Expenses
Principles of Accounting Level 1 Module 3
Analyzing and Recording Transactions
• Financial Statements
• Expanded Accounting Equation
• Analyzing Transactions
• Recording Transactions
• T-Accounts
• Trial Balance
Principles of Accounting Level 1 Module 4
The Adjustment Process
• Concepts Affecting Adjusting Entries
• The Need for Adjusting Entries
• Types of Adjusting Entries
• Ledger Balances
• Accruals
• Adjusted Trial Balance
Principles of Accounting Level 1 Module 5
Completing the Accounting Cycle
• Closing Entries
• Journaling and Posting Closing Entries
• Post-Closing Trial Balance
• Cash Basis vs. Accrual Basis Accounting
• The Classified Balance Sheet
• Evaluating Liquidity
Principles of Accounting Level 1 Module 6
Merchandising Transactions
• Merchandising Transactions vs. Service Transactions
• Characteristics of Merchandising Transactions
• Characteristics of Sales Transactions
• Characteristics of Perpetual and Periodic Inventory Systems
• Pros and Cons of Inventory Systems
• Purchase Transaction Journal Entries
• Sales Transaction Journal Entries
• Freight-In Methods
Principles of Accounting Level 1 Module 7
Accounting Information Systems
• Manual and Computerized Accounting Information Systems
• Inputting/Entering Data
• Processing Data
• Output: Presenting Information
• Storing Data
• Special Journals and Importance to Stakeholders
• Subsidiary Ledgers
Principles of Accounting Level 1 Module 8
Fraud, Internal Controls, and Cash
• Analyze Fraud in the Accounting Workplace
• The Role of Internal Controls
• Sarbanes-Oxley Act
• Internal Controls within an Organization
• Petty Cash Fund
• Preparing Petty Cash Journal Entries
• Management Responsibilities for Maintaining Internal Controls
• Bank Reconciliation
• Fraud in Financial Statements
Certificate in Finance Essentials Module 1 - Financial Planning and Control
• Explain cost benefit analysis
• Calculate return on investment and the payback period
• Explain fixed and variable costs
• Calculate break even and understand CVP (cost-volume-profit) analysis
• Explain tracking and performance measures
• Explain and calculate Balanced Scorecard measures
Certificate in Finance Essentials Module 2 - How to Read a Financial Statement
• Identify and describe the documents and financial statements included in an organization's financial report
• Itemize and interpret the information in the income statement, balance sheet, statement of changes in shareholders' equity, and statement of cash flows
• Correctly state the impact of specific business activities on cash flow
• Define financial (ratio) analysis and explain its objectives and limitations
• Identify the various types and categories of financial ratios
• Perform calculations using financial ratios
Certificate in Finance Essentials Module 3 - Introduction to Business Statistics
• Differentiate between descriptive and inferential statistics
• Distinguish between the four different scales of measurement: nominal, ordinal, interval, and ratio
• Identify the appropriate graphical or tabular method for presenting your data
• Create frequency distributions
• Create meaningful presentations and graphs including:
• frequency polygons
• bar graphs
• pie charts
• line graphs
• histograms
• Calculate probability and explain its practical application
• Compute the mode, median, and mean of a dataset
• Calculate the variance and standard deviation of a dataset
• Interpret sampling with and without replacement
• Explain the significance of the area under a curve
Certificate in Finance Essentials Module 4 - Introduction to Finance
• Identify and differentiate the three most common types of business organizations and the structure of each
• State the fundamental objectives of a corporation and the differences between wealth and profit maximization
• Recognize the impact of social and ethical responsibility on business
• Identify and describe the structure and functions of the finance department within an organization
• Define the principal-agent relationship and strategies for overcoming conflicts of interest and motivating managers
• List and define the five key principles that form the foundation of financial management
• Recognize and define the five key financial markets
• Identify the sources, rules, and life-cycle stages of corporate financing
• Describe the function of the stock market and the three trading venues it utilizes
• Recognize the factors related to interest rate determination and the impact of interest on an organization
Certificate in Finance Essentials Module 5 - Time Value of Money and Risk
• Distinguish between points in time and periods of time as shown by a time line
• Define compounding and discounting
• Compute future value or present value for single payment amounts
• Distinguish between single payments and streams of payments and between uneven streams and annuities
• Solve for the interest rate or time period for simple present value and future value problems
• Define risk
• Describe how risk influences investment decisions
• Calculate risk and rates of return
• Describe how diversification can limit risk
• Explain how diversifiable risk can be lowered using a portfolio approach
Certificate in Finance Essentials Module 6 - Understanding and Managing Budgets
• Recognize the uses and functions of budgeting
• Recognize the key activities, considerations, and benefits of strategic organizational planning
• Recognize the purpose and make-up of a master budget
• Identify the components and calculations used to create a master budget and recognize uses for this information
• Identify the components and purpose of an operating budget
• Recognize how sales, production, and cost of goods sold budgets are created and perform related calculations
• Recognize the purpose of cash budgets and how they are prepared
• Identify ways the budget process can be managed for optimal results and recognize the benefits and limitations of the management-by-objective system
Hide Syllabus
|
Login/Create account
checkout
view cart (
0
)
