Course Description:
Financial statements can look intimidating and, as a non-financial manager, you may feel like ascertaining the right conclusion from a financial statement is like finding a needle in a haystack. This course covers financial reports and their meaning. You will learn the fundamentals and importance of the income statement, balance sheet, and statement of cash flows, and how they can be used to manage a business. You will also be exposed to financial (ratio) analysis.
Learning Outcomes:
- 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
Estimated Length: 3 hours
CEUs: 0.3 CEUs | 3 PDUs
Notes:
This course has an "Ask the Expert" feature, which submits your questions directly to an expert in the field you are studying. Questions are answered as quickly as possible and usually within 24 hours.
This course does not require any additional purchases of supplementary materials.
Learners must achieve an average test score of at least 70% to meet the minimum successful completion requirement and qualify to receive IACET CEU credit. Learners will have three attempts at all graded assessments.
Project Management Institute, PMI, the Registered Education Provider logo, Project Management Professional, PMP, Project Management Body of Knowledge, PMBOK, PMI Agile Certified Practitioner, PMI-ACP, PMI Risk Management Professional, PMI-RMP, the PMI Talent Triangle, and the PMI Talent Triangle logo are marks of the Project Management Institute, Inc.
Information in this course has been taken from A Guide to the Project Management Body of Knowledge, (PMBOK® Guide) — Fifth Edition, Project Management Institute Inc., 2013.
The following list outlines the PDUs you will earn for completing this course, based on the certification you have.
PMP®/PgMP®
Technical: 1 Leadership: 0
Strategic/Business: 2 TOTAL: 3
PMI-RMP®
Technical: 0 Leadership: 0
Strategic/Business: 2 TOTAL: 2
PMI-SP®
Technical: 0 Leadership: 0
Strategic/Business: 2 TOTAL: 2
PMI-ACP®
Technical: 0 Leadership: 0
Strategic/Business: 2 TOTAL: 2
PfMP®
Technical: 1 Leadership: 0
Strategic/Business: 2 TOTAL: 3
PMI-PBA®
Technical: 0 Leadership: 0
Strategic/Business: 2 TOTAL: 2
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