In this course, participants will learn the foundations of accounting principles and financial analysis, develop an understanding of the links between these, and the measurement of value creation at the firm level. This is the first course in a four-course Specialization on the Essentials of Corporate Financial Analysis and Decision-Making, created in partnership between the University of Melbourne and Bank of New York Mellon (BNY Mellon).
Этот курс входит в специализацию ''Специализация Основы корпоративных финансов'
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Специализация Основы корпоративных финансовМельбурнский университетОб этом курсе
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38%
начал новую карьеру, пройдя эти курсы
33%
получил значимые преимущества в карьере благодаря этому курсу
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Курс 1 из 5 в программе
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Прибл. 11 часов на выполнение
Английский
Субтитры: Английский, Арабский
Приобретаемые навыки
Ratio AnalysisFinancial AnalysisFinancial RatioBalance Sheet
Карьерные результаты учащихся
38%
начал новую карьеру, пройдя эти курсы
33%
получил значимые преимущества в карьере благодаря этому курсу
Сертификат, ссылками на который можно делиться с другими людьми
Получите сертификат по завершении
100% онлайн
Начните сейчас и учитесь по собственному графику.
Курс 1 из 5 в программе
Гибкие сроки
Назначьте сроки сдачи в соответствии со своим графиком.
Прибл. 11 часов на выполнение
Английский
Субтитры: Английский, Арабский
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Мельбурнский университет
The University of Melbourne is an internationally recognised research intensive University with a strong tradition of excellence in teaching, research, and community engagement. Established in 1853, it is Australia's second oldest University.
Программа курса: что вы изучите
3 ч. на завершение
An Introduction to Accounting Principles: The Language of Capital Markets
This week we will define and explain the key financial statements produced by a company and reported to its shareholders. We will discuss the different core elements within those statements following basic accounting principles with the discussion framed in reference to excerpts from the actual financial statements produced by the US-listed food company Kellogg's.
3 ч. на завершение
8 видео ((всего 40 мин.)), 7 материалов для самостоятельного изучения, 2 тестов
8 видео
The Language and Tools of Financial Analysis - Overview1мин
1.0 Welcome and Introduction (It all begins with accounting)5мин
1.1 The Balance Sheet 1: Assets (What the company owns)6мин
1.2 The Balance Sheet 2: Liabilities (What the company owes)4мин
1.3 The Balance Sheet 3: Equity (What the owners own)7мин
1.4 The Profit and Loss Statement: Revenues (What the company earns)6мин
1.5 The Profit and Loss Statement: Expenses (What the company spends)5мин
7 материалов для самостоятельного изучения
Course Syllabus10мин
Your Teaching Team10мин
Week 1 Outline10мин
Start of Course Survey10мин
Resources10мин
Social Media10мин
Study Tools and Tips10мин
2 практических упражнения
Week 1 practice quiz - This quiz does not contribute to your final grade30мин
Week 1 graded quiz - This quiz contributes 10% towards your final grade30мин
2 ч. на завершение
An Intuition-based Introduction to Financial Analysis
Understanding the importance and the accounting principles underpinning the key financial statements of a company, we now turn our attention to synthesizing and condensing the financial statement information for the purpose of financial analysis. Specifically, we demonstrate how financial analysts use ratio analysis to measure relative profitability, leverage, efficiency and the liquidity of a company. Again, we utilise information from the financial statements of Kellogg's and its competitor Kraft to demonstrate these financial analysis techniques.
2 ч. на завершение
8 видео ((всего 49 мин.)), 1 материал для самостоятельного изучения, 2 тестов
8 видео
2.1 Profitability Measures 1 (When is good really good?)10мин
2.2 Profitability Measures 2 (When is really good, good enough?)4мин
2.3 Leverage Measures (Creating value with other people‘s money)9мин
2.4 Efficiency Measures (Are we doing more with less?)6мин
2.5 Liquidity Measures (Staying ahead of the curve?)4мин
Mid Course Check-in1мин
A View from Industry with BNY Mellon2мин
1 материал для самостоятельного изучения
Week 2 Outline10мин
2 практических упражнения
Week 2 practice quiz - This quiz does not contribute to your final grade30мин
Week 2 graded quiz - This quiz contributes 10% towards your final grade30мин
2 ч. на завершение
The Links Between Accounting Principles and Financial Decision-making
Having established initial basic financial analyst's toolset in the first two weeks of this course, some caution is warranted as we turn our attention to some of the pitfalls associated with uncritical use of financial statements by analysts. Specifically, we highlight how the use of historical cost and accrual-based accounting might lead to sub-optimal corporate financial decision-making. We then discuss how the agency relationship between management and the owners of a company may also lead to poor corporate decision-making. We conclude with a cautionary tale of misleading accounting practices and the regulator's response to these cases.
2 ч. на завершение
6 видео ((всего 37 мин.)), 1 материал для самостоятельного изучения, 2 тестов
6 видео
3.1 Limitations 1: Historical Cost And Market Value (The market is always right...)7мин
3.2 Limitations 2: Accrual versus Cash Accounting (Money in the bank)5мин
3.3 Limitations 3: Profit versus Wealth Creation (Raising the bar)3мин
3.4 Accounting Scandals 1: The Fall-out From Enron (What to look out for…)5мин
3.5 Accounting Scandals 2: Earnings Management (Smoke and mirrors)9мин
1 материал для самостоятельного изучения
Week 3 Outline10мин
2 практических упражнения
Week 3 practice quiz - This quiz does not contribute to your final grade30мин
Week 3 graded quiz - This quiz contributes 10% towards your final grade30мин
5 ч. на завершение
Value Measurement via Discounted Cash Flow Analysis
Having identified the key elements of a company's financial statements, and the way in which information from these statements can be utilized in financial analysis, we shift our focus this week to discounted cash flow (DCF) analysis. Sound financial decision-making by CFOs and investors, requires an assessment of future (uncertain) financial outcomes. DCF analysis allows the financial analyst to extrapolate the financial statement information in a forward-looking manner. The DCF technique provides an objective way in which we can evaluate financial decisions while overcoming many of the shortcomings associated with standard ratio analysis.
5 ч. на завершение
6 видео ((всего 51 мин.)), 4 материалов для самостоятельного изучения, 5 тестов
6 видео
4.1 Discounting Cash Flows (Not every dollar is equal)15мин
4.2 Forecasting Cash Flows (Back to the future)8мин
4.3 Fair Value Using Net Present Value (Finance meets accounting)9мин
4.4 Caution When Using DCF Analysis (Rubbish in… rubbish out)7мин
4.5 The Accountant Signs Off (A summary of the course)3мин
4 материала для самостоятельного изучения
Week 4 Outline10мин
Academic Integrity10мин
Where to From Here? The Next Step.10мин
End of Course Survey10мин
4 практических упражнения
Week 4 practice quiz - This quiz does not contribute to your final grade30мин
Week 4 graded quiz - This quiz contributes 10% towards your final grade30мин
Course Final Exam - This quiz contributes 40% towards your final grade30мин
Peer Assessment Calculations - Worth 10% of your final grade30мин
Рецензии
Лучшие отзывы о курсе ЯЗЫК И ИНСТРУМЕНТЫ ФИНАНСОВОГО АНАЛИЗА
от партнера JR18 мая 2020 г.
Really insightful instruction on the basics of accounting and finance! I would highly recommend this course to anyone looking to begin learning about financial analysis. No prior experience is needed.
от партнера JC17 июля 2016 г.
WOW!!! By far the BEST Course in Coursera catalog! Incredible the tools that are taught. Thanks so much. Absolutely recommended for every person regardless of professional background.
от партнера JK26 июня 2019 г.
This course helps me a lot to learn more useful financial analysis language . It also helps me to understand the financial statement of some corporates I am interested in.
от партнера SE9 апр. 2016 г.
Very concise presentation of information using real-world examples to drive home the points. Quickly and almost imperceptibly moves on from the basics. High recommended!
Специализация Основы корпоративных финансов: общие сведения
You will gain a firm understanding of corporate finance, including accounting principles and financial analysis, how value is created by global markets, the choices firms face when making financial decisions and defining attitudes towards risk. The Specialization concludes with a Capstone project that allows you to apply the skills you've learned throughout the courses.
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