Subject

Diagnosing the Financial Health of a Business (FinHlth)

by Guy Ford
Overall course rating 92%
1. The course was interesting.
3.5
2. The course was sufficiently challenging.
3.5
3. The course enabled me to achieve my learning objectives.
3.5
4. I had a clear idea of what I was expected to do in this course.
3.5

Learn to assess the strength of a business and identify early warning signs of potential future problems.

Course started on:

16/03/2015

Course ends on:

14/04/2015

15,986 students have taken this course

72,802 videos have been watched

2,088 classroom posts

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What's it about?

This course shows how financial reports provide a wealth of information into the performance of a business, and how they can be used specifically to identify early warning signs of potential future problems.

This course shows how financial reports provide a wealth of information into the performance of a business, and how they can be used specifically to identify early warning signs of potential future problems.

We will see that a profitable business may not necessarily be performing well or taking the right steps to build for its future. Just as a doctor conducts a diagnosis of a patient and recommends a course of treatment, we will use simple and yet powerful tools to analyse a business and identify where and how things can be improved.

What's involved?

Module 1The Balance Sheet
10 videos, 9 quizzes, 1 assessment16 Mar - 22 Mar
Module 2Income Statement
10 videos, 9 quizzes, 1 assessment23 Mar - 29 Mar
Module 3Statement of Cash Flows
10 videos, 9 quizzes, 1 assessment30 Mar - 5 Apr
Module 4Assessing Financial Performance
10 videos, 9 quizzes, 1 assessment5 Apr - 11 Apr

What will I learn?

  • How to evaluate the performance of a business with reference to its financial reports.
  • How to conduct financial analysis by integrating information across its balance sheet, income statement and cash flow statement (as opposed to viewing data in isolation).
  • How to identify early warning signs of potential financial difficulties in a business and thus be forward-looking in your approach.
  • How to assess risks in a business by reference to its financial reports.
  • How to identify the assumptions and estimates that are made by managers in constructing their financial reports and assess the implications for interpreting the performance of a business.
  • How to measure and interpret the sustainable growth rate of a business and identify implications for its future heath.
  • How to distinguish between the income statement and the statement of comprehensive income of a business.
  • How to measure the operating cash cycle of a business and assess the implications for the funding needs of the business.
  • How to determine if a firm is generating appropriate returns on its assets and for its owners.

This course requires approximately 2 - 4 hours of study per week, but can vary depending on the student. This includes watching videos, and taking quizzes and assessments. The total video time for this course is 4 Hours 15 minutes.

If you pass this course you'll receive a Certificate of Achievement. While this certificate isn't a formal qualification or credit, you can use it to demonstrate your interest in learning about this area to potential employers or educational institutions.

Where to from here?

If you love this course, why not take your studies further? Here are some accredited qualifications that could help you achieve your goals.

Where could this lead me?

If you're wondering what your future could look like in this area, here are some potential careers you could head towards.

  • Management
  • Finance
  • Accounting
  • Investment analysis

Who's the instructor?

  • Guy Ford

    Guy Ford is a Professor at Sydney University and Director of the MBA program. Guy was formerly an Associate Professor in Finance at the Macquarie Graduate School of Management, Deputy Dean and Director of Programs. Guy teaches in the areas of corporate finance, accounting for management, corporate acquisitions and strategic finance.

    Guy Ford is a Professor at Sydney University and Director of the MBA program. Guy was formerly an Associate Professor in Finance at the Macquarie Graduate School of Management, Deputy Dean and Director of Programs. Guy teaches in the areas of corporate finance, accounting for management, corporate acquisitions and strategic finance.

919 students are taking this course