Udemy

Intro to Financial Analysis and Managerial Accounting!

Name: Intro to Financial Analysis and Managerial Accounting!
Price: 39.99 USD
Availability: InStock
Rating: 4.5 (1526 reviews)

4.5(1,526)5k students

Korshub's take

Understand your business by understanding its numbers

Business owners often don't know where their money is going or why their numbers don't match expectations. This course teaches you to read the financials and ask better questions: Which costs are fixed, and which scale with revenue? How many units do you actually need to sell to break even? And why can a profitable business still run out of cash?

You'll work through a shared spreadsheet, learning to calculate contribution margins, identify break-even points, and spot variance—the gap between what you expected and what actually happened. The goal is to give you the analytical tools to diagnose problems before they become crises and to know which levers actually move the needle for your business.

About this course

The purpose of this course is to teach you how to perform detailed financial analysis of a business’ (or your company’s) financial situation. This is Intro to Financial Analysis but covers the main topics of Cost / Managerial Accounting.

This course will show you where to focus your analysis and energy but will require you to dig into the financial--both the actual transactions and budget--to come up with the reason why things are happening.

We will work through this Google Sheet together (see course for link).

What You Will Learn

Understanding costs and profit
- The difference between variable costs and fixed costs
- Contribution/Unit Margin, Total Margin or Profit
Understanding break-even
- How many units do I need to sell to make sure I’m not losing money?
Difference between profit and cash
- Why is cash king?
Basics of budgeting and forecasting for a business
- Should I start this business?
Basics of variance analysis
- Why didn’t I make as much money as I thought I would have?