About Course
The Financial Management course provides learners with a structured and practical understanding of financial statements and their role in effective business and organizational decision-making. Designed for both finance and non-finance professionals, this course builds financial literacy by explaining not just what financial statements are, but why they matter and how they are used in real-world contexts.
The course adopts a progressive learning approach, beginning with the identification of key users of financial information and their varying needs. It then advances to a detailed examination of the structure and contents of core financial statements before concluding with practical, real-life applications that enhance interpretation and analytical skills.
Through this course, learners develop the confidence to engage with financial information, interpret organizational performance, and understand financial position and cash flow dynamics. The course balances conceptual clarity with applied learning, making it relevant for academic advancement, professional development, and business leadership.
What You Will Learn
By the end of this course, learners will be able to:
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Understand the purpose of financial management and the importance of financial reporting in organizations
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Identify the various users of financial statements and explain their specific information needs
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Understand how financial statements support planning, control, accountability, and decision-making
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Describe the structure and key components of major financial statements used by companies
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Interpret the relationship between income statement, statement of changes in equity, balance sheet, and statement of cash flows
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Identify and analyze financial statement items using real-life business examples
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Apply financial statement knowledge to assess organizational performance, financial position, and cash flow strength.
Course Requirements
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No prior advanced accounting knowledge required
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Basic understanding of business concepts is an advantage
Target Audience
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Business owners and entrepreneurs
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Managers and supervisors
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Finance and accounting students
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Non-finance professionals seeking financial literacy
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Individuals preparing for leadership or management roles
Course Structure – 3 Modules
Course Content
Module 1: Uses of Financial Statements
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Understanding Financial Statements (Part 1)
19:28