Course Introduction
  • Course Introduction. What does the Course cover?
Getting Started with Financial Planning and Analysis
  • What is a budget and why do we need it?
The Accounting Framework
  • Major Financial Statements
  • Understanding the Income Statement
  • Understanding the Balance Sheet
  • Cash vs. Profit
  • Understanding the Cash Flow Statement
  • Direct vs. Indirect Method
  • Major Interrelatioships between the Financial Statements
  • The Accounting Framework
Mechanics of the Budgeting Process
  • The Importance of Budgeting
  • Completing 33% of the Course
  • Key Steps in Budget Preparation
  • The Budget Horizon
  • Budgeting Levels of Detail
  • Budgeting Approaches
  • Updating the Budget
  • Who prepares the Budget?
  • The Master Budget
  • The Budget Sign-off
  • Mechanics of the Budgeting Process
  • Completing 50% of the Course
Time for a Case Study: Henry's Hats
  • Company Overview
  • Calculating Revenue - The Bottom-up Approach
  • Calculating Revenue - The Top-down Approach
  • Understanding COGS Calculation
  • Calculating Volume of Production
  • Direct Materials and Direct Labor
  • Production Overheads
  • Cost of Goods Sold (COGS) Summary
  • The Payroll Budget
  • The SG&A Budget
  • Balance Sheet Items - Overview
  • The Cash Conversion Cycle
  • The Working Capital Budget
  • The Fixed Assets Budget
  • Loan Repayment Schedule
Completing Henry's Hats' Master Budget
  • The Budgeted Income Statement
  • The Budgeted Balance Sheet
  • The Budgeted Cash Flow Statement
  • Presenting the Results
Course Challenge
  • Course Challenge - 99 Agency
  • Completing 100% of the Course