Welcome! Course introduction
  • What does the course cover?
What does it mean to be a finance manager?
  • How we measure financial performance
  • Improving performance measurement and collecting data
The importance of Enterprise Resource Planning (ERP) systems
  • What is an ERP system?
  • Strongest advantages of ERP systems
  • Quiz ERP systems (1/2)
  • Difficulties when implementing an ERP system
  • Best practices when implementing a new ERP system
  • A finance manager's leadership is crucial when implementing a new system
  • Case study: Hershey's
  • Quiz ERP systems (2/2)
  • ERP Systems - Course Challenge #1
Accounting Basics - Types of revenues, costs, assets, and liabilities
  • Introduction to the section
  • The different types of accounting standards
  • The three financial statements
  • Types of revenues
  • Types of revenues - exercise
  • Types of expenses
  • Income taxes
  • Depreciation & Amortization
  • Types of assets
  • Asset categories - practical example
  • Types of liabilities
  • Liability categories - practical example
  • Equity
  • Accrual accounting
Accounting Basics - Revenue recognition
  • The importance of timing when recognizing revenues
  • Revenue recognition criteria - technical
  • Potential conflicts of interest when recognizing revenue
  • A practical example
Accounting Basics - Cost recognition
  • Cost recognition principles
  • Technical aspects of cost recognition
  • The two types of Income Statement formats
  • Basic Accounting - Course Challenge #2
Advanced Accounting - Trade receivables
  • Introduction to the section
  • The importance of Trade receivables
  • What happens when clients do not pay on time?
  • Case study - dealing with non-paying customers
  • A technique to improve receivables collection
Advanced Accounting - Inventory
  • Types of Inventory
  • The relationship between Cogs and Inventory
  • The different cost flow methods
  • Cost flow methods - a practical exercise
Advanced Accounting - Fixed assets
  • The types of fixed assets
  • Capitalizing interest expenses
  • Fair value accounting
  • Intangible assets with finite life vs. Intangible assets with infinite life
  • The revaluation model
  • The revaluation model - practical exercise
  • Intangible assets created internally
Advanced Accounting - Trade payables
  • Accounting for trade payables
  • Accounts payable vs notes payable
  • The advantages of e-invoicing
Advanced Accounting - Financial liabilities
  • Distinguishing between debt and equity
  • Loan amortization
  • Debt covenants
  • Debt covenants - Case study
Advanced Accounting - Leasing liabilities
  • Why companies lease assets?
  • Leasing exercise
  • Cost flow methods, Leasing, Revaluation - Course Challenge #3
Sources of financing - Debt financing
  • Why use leverage?
  • The relationship between leverage and cost of debt
Sources of financing - Equity financing
  • Types of equity
  • Raising equity in different stages of a company's lifecycle
  • What type of dividends are distributed to shareholders?
  • Timing mechanics of dividend payments
  • Share repurchases
  • Stock splits
Financial statement analysis
  • Introduction to financial statement analysis
  • Performing financial statement analysis
  • Ratio analysis
  • Practical example: Analyzing P&G's financial report (1/2)
  • Practical example: Analyzing P&G's financial report (2/2)
  • Financial statement analysis of Tesla Inc. - Course Challenge #5
Working capital management
  • Introduction
  • The importance of working capital optimization: case study
  • Overtrading vs. excessive investment
  • Trade receivables management
  • Re-order level
  • Economic order quantity (EOQ)
  • Inventory optimization techniques
  • Trade payables management
  • Working capital optimization - a roadmap
  • Symptoms of inefficient working capital - Trade payables