XMGD 20003 - Understanding and Using Financial Information

Course description

Cut through the fog of accounting jargon and manage finances more effectively. Learn how to interpret, evaluate and analyze financial statements. Using ratio analysis, assess the performance of a business from the balance sheet, income statement and other financial information.

Required course materials: a calculator.

Learner outcomes

Upon completion of this course, students will be able to

• explain why financial management is important to the successful operation of an organization.
• read and interpret financial statements.
• use financial statements to analyze company strengths and weaknesses.
• analyze the performance of an organization using financial ratios.
• be aware of and understand generally accepted accounting principles.
• understand how financial statements can be used as a decision making tool in the daily operation of an organization.

Applies towards:

• Management Development Extension Certificate : Required Courses
• Pillars of Management Certificate of Completion : Required Courses