Financial Affairs Technical Competencies

In this course, you will learn about the different ways companies account for financial information. In financial accounting, a company might use either accrual accounting or cash accounting. The major difference between the two types of accounting methods is the timing of when the company’s sales and purchases are recorded. You will learn about these two methods and why companies choose one over the other for their accounting practices.

Financial Affairs Technical Competencies

This course is designed to meet the needs of business students who wish to gain proficiency in mathematical applications in the business world. This includes topics such as markup, depreciation, property tax, interest, and payrolls. We will also be focusing on solving word problems in an accounting and business context.

Financial Affairs Technical Competencies

In these lessons on Developing a Business Financial Plan, you’ll learn how to create a financial business plan that is specific to your professional needs and connected to your company’s mission statement and vision. You’ll also discover how to adapt and adjust your plan to account for spending and for short- and long-term changes in your market. By the end of this course, you’ll know how to use your resources effectively to ensure a more profitable future for your business.

Financial Affairs Technical Competencies

This course explores financial communication and investor relations, which are primary functions of corporate communications. It discusses how they are used to communicate company information to stakeholders inside and outside the company. It then covers a broad array of financial information that’s communicated to multiple stakeholders.

Financial Affairs Technical Competencies

In this Understanding Financial Modeling & Forecasting course, you’ll learn how different stakeholders use financial forecasts. We’ll explore how financial forecasting helps businesses predict future outcomes and how financial modeling creates mathematical representations of real-world financial situations. You’ll also learn about scenario planning, which involves setting long-term goals, evaluating the company, formulating strategies, and allocating resources.

Financial Affairs Technical Competencies

In this Macroeconomics Basics course, you’ll understand how the study of macroeconomics relates to the economic behavior of societies and nations. You’ll be able to identify different macroeconomic indicators that can help you monitor a macroeconomy. This course will explore fiscal and monetary policy, international trade, and capital flow. You’ll also understand the concepts of aggregate supply and aggregate demand.

Financial Affairs Technical Competencies

This course introduces the different types of financial information that communications professionals interact with daily. It particularly focuses upon the financial information that’s required to be communicated to stakeholders.

Financial Affairs Technical Competencies

In this course, you will learn about accounts receivable, or AR, and how implementing an AR system can benefit your company. This system allows customers to make multiple purchases and pay for every purchase in a single bill in the following month. You will learn how to establish customer accounts, protect the company, and how this system will interact with other departments.

Financial Affairs Technical Competencies

In this course, you will learn about the specialized paperwork your finance department uses for financial reporting: the balance sheet, the income statement, and the cash flow statement. These statements are prepared according to industry standards and should be easy to understand, relevant, verifiable, and prepared in a timely manner. You will also learn about the ethical preparation of these documents.

Financial Affairs Technical Competencies

Cash flow management is critical for every business entity. This course will cover the best practices and tools for cash flow management and profitability. You will learn the key differences between gross profit, net income, and cash flow. You will also learn the benefits of using cash flow statements for the health of your business and the basic components of the statement.

Financial Affairs Technical Competencies

After a target has been identified and the negotiation process has finished, how do business leaders close a merger or acquisition deal with the target? What processes will they need to be aware of, and how do they transition into the post-merger integration period? This course will explore the closing and signing process, as well as other important concerns like taxes in M&A transactions, and completing due diligence procedures.

Financial Affairs Technical Competencies

In this course, you will be introduced to financial forecasting. A financial forecast is an educated estimate of future financial positions, such as revenues and expenses, for a specific time period. These lessons will cover three types of financial statements integral to forecasting: balance sheets, income statements, and cash flow statements. You will also learn what pro forma financial statements are and how they can assist you with forecasting.

Financial Affairs Technical Competencies

In this course, you will learn how receivables and inventory are recorded and how they affect overall operations and decisions you make within your department. You will see how formulas that measure receivables and inventory are calculated and what they reveal about the company. You will also learn about the different types of costs and how they fit into the process of break-even analysis, which helps managers determine the minimum number of unit sales needed to exactly cover all costs.

Financial Affairs Technical Competencies

This course goes into the fundamental skills involved in accounting. You will learn the basic definitions and business transactions covered in most accounting courses. In addition, the course also explores financial statements, adjust and closing journal entries, and workplace accounting. The main goal of this introductory accounting course is that you come away with a firm foundation for further learning.

Financial Affairs Technical Competencies

In this course, you will learn how an AR system can potentially increase your company’s working capital. An increased working capital could help your company invest and grow. An AR system will only help your working capital if it is properly managed. This course will help your company ensure that customers are paying their past due balances so that you can collect. However, defaults will occur, and your company will want to be prepared to manage uncollectible customer accounts.

Financial Affairs Technical Competencies

Keeping track of a company's financial transactions can quickly become difficult. For this reason, companies often outsource financial accounting. This online training course offers a simple way to attain a thorough, working knowledge of the skills required for financial accounting. This is accomplished by reviewing the business basics for a merchandising firm, asset accounts, receivables, inventories, and long-term assets.

Financial Affairs Technical Competencies

Suicide is not an easy topic to discuss. But with its growing prevalence in the workplace it’s an important one to address. According to the U.S. Bureau of Labor Statistics workplace suicides have been steadily increasing over the past decade and some occupations are more at risk than others. It’s important to be aware of the risk factors and warning signs for suicide so you can be better prepared to help a colleague in need.

Financial Affairs Technical Competencies

What does the merger and acquisition process look like? The M&A process involves a series of financial transactions that combine multiple entities and assets. This process includes all planning, research, due diligence, closing, and implementation processes. This course will explore how this process begins by making an acquisition plan and ends with the integration of the two businesses. You will also learn about the three main ways an M&A deal can be structured.

Financial Affairs Technical Competencies

In this course, Introduction to Economics, you’ll learn about the meaning of economics, understand its significance, and discover its many uses. The following lessons will also introduce you to the concepts of microeconomics and macroeconomics, explain their definitions, and identify their areas of overlap. You’ll also explore the different uses of qualitative and quantitative economics and understand the differences between them.

Financial Affairs Technical Competencies

In this course on Return on Investment (ROI), you’ll learn about the importance of ROI—and how to interpret it. You’ll be able to apply the formula to calculate ROI and show how it can have a positive impact on customer service. It’s one of the most important tools in any business leader’s kit.