About this Course
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Intermediate Level

Approx. 21 hours to complete

Suggested: 4 weeks of study, 4-5 hours/week...

English

Subtitles: English
Learners taking this Course are
  • Accountants

    100% online

    Start instantly and learn at your own schedule.

    Flexible deadlines

    Reset deadlines in accordance to your schedule.

    Intermediate Level

    Approx. 21 hours to complete

    Suggested: 4 weeks of study, 4-5 hours/week...

    English

    Subtitles: English

    Syllabus - What you will learn from this course

    Week
    1
    3 hours to complete

    Understanding Financial Statements

    18 videos (Total 126 min), 2 quizzes
    18 videos
    Introduction to Financial Accounting6m
    Who Determines the Rules?5m
    Overview of Financial Statements8m
    Overview of Income Statements5m
    Overview of Balance Sheets4m
    Overview of the Statement of Cash Flows4m
    Revenue Recognition10m
    Matching Principle10m
    Examples of Accruals10m
    Current Assets and Accounts Receivables10m
    Accounting for Inventory5m
    LIFO/FIFO7m
    LIFO/FIFO Interpretation7m
    Long Term Assets7m
    Liabilities7m
    Stockholder's Equity7m
    Summary of Financial Reporting5m
    2 practice exercises
    Practice Quiz No. 1: Understanding Financial Statements28m
    Quiz No. 1: Understanding Financial Statements28m
    Week
    2
    3 hours to complete

    Analyzing Financial Statements

    17 videos (Total 103 min), 1 reading, 2 quizzes
    17 videos
    Why Is an Increase in Working Capital Bad News for Cash Flows?9m
    Five Step Approach to Reading a Statement of Cash Flows11m
    Interpreting Cash Flows from Operations4m
    Cash from Operations5m
    Introduction to Ratios4m
    Liquidity Ratios6m
    Solvency or Debt Ratios5m
    Profitability Ratios and Common Size Income Statements4m
    Common Size Income Statements10m
    Decomposing ROE & ROA7m
    Decomposing the Profit Margin Ratio4m
    Changes in Balance Sheet6m
    Structured Ratio Analysis6m
    Predicting Bankruptcy4m
    Why Depreciation Doesn't Affect Cash Flows4m
    Summary Financial Analysis4m
    1 reading
    Optional exercise: Evaluate the Performance of Fred's, Inc.45m
    2 practice exercises
    Practice Quiz No. 2: Analyzing Financial Statements6m
    Quiz No. 2: Analyzing Financial Statements10m
    Week
    3
    4 hours to complete

    Investment Decisions Under Certainty

    16 videos (Total 129 min), 1 reading, 2 quizzes
    16 videos
    The Time Value of Money: Single Period Cash Flows8m
    Creating Investment Rules9m
    The Time Value of Money: Multi-Period Cash Flows10m
    Multi-Period Valuation: Perpetuities16m
    Multi-Period Valuation: Annuities6m
    Valuation Applications7m
    The Payback Rule8m
    Understanding Internal Rate of Return6m
    Investment vs. Financing Projects12m
    Mutually Exclusive Projects10m
    Cash Flow from Operations7m
    Cash Flow from Investments9m
    Creating the Cash Flow Forecast: Cash Flow Operations3m
    Creating the Cash Flow Forecast: Cash Flow Investments, Part 16m
    Creating the Cash Flow Forecast: Cash Flow Investments, Part 24m
    1 reading
    Supplement Note for Cash Flow Example: Detailed Explanations10m
    2 practice exercises
    Practice Quiz No. 3: Investment Decisions Under Certainty10m
    Quiz No. 3: Investment Decisions Under Certainty1h 30m
    Week
    4
    4 hours to complete

    Investment Decisions Under Uncertainty

    16 videos (Total 114 min), 12 readings, 3 quizzes
    16 videos
    Identifying Sources of Uncertainty and Forecast Bias7m
    Valuation Implications of Changing Assumptions6m
    Accounting Break-Even7m
    Economic Break-Even9m
    History of Risk-Return Relation4m
    Portfolio Theory and the Risk of a Portfolio7m
    Isolating Co-Movement Among Stock Returns6m
    Importance of Variances vs. Covariance in Portfolio Risk5m
    Diversification Effect4m
    Risk of an Individual Asset and its Interpretation5m
    Translating Risk to Expected Return10m
    Where Do Beta's Come From?6m
    Project vs. Company Beta9m
    Does Debt Impact Expected Returns?5m
    Cost of Capital Invariant to Debt Use12m
    12 readings
    Notes on the History of the Risk-Return Relation5m
    Notes on Portfolio Theory and the Risk of a Portfolio2m
    Notes on Isolating Co-Movement Among Stock Returns (Covariance)1m
    Note on the Importance of Variances vs. Covariances in Portfolio Risk1m
    Note on the Diversification Effect3m
    Note on the Risk of an Individual Asset and its Implications2m
    Note on Risk to an Expected Return (CAPM)2m
    Note of Where Beta's Come From3m
    Note to Distinguish between Project and Company Betas2m
    Note to Illustrate how Debt Impacts Expected Returns1m
    Note on the Cost of Equity, Debt and Company Costs of Capital3m
    Final Project document1m
    2 practice exercises
    Practice Quiz No. 4: Investment Decisions Under Uncertainty10m
    Quiz No. 4: Investment Decisions Under Uncertainty10m
    4.5
    6 ReviewsChevron Right

    Top reviews from Financial Accounting Toolkit for Decision Making

    By TDNov 19th 2017

    The notes on Week 4 that accompanied the lessons were incredibly helpful. If those could be provided with the other Weeks' lessons as well, that would greatly improve the quality of the course.

    By JSMay 11th 2018

    Thanks for the wonderful learning experience. I enjoyed myself and I will recommend this course for all those who would like to learn something about operations strategy.

    Instructors

    Avatar

    Paul Chaney

    E. Bronson Ingram Professor in Accounting
    Owen Graduate School of Management
    Avatar

    William G. Christie

    Frances Hampton Currey Professor of Management in Finance and Professor of Law
    Owen Graduate School of Management

    About Vanderbilt University

    Vanderbilt University, located in Nashville, Tenn., is a private research university and medical center offering a full-range of undergraduate, graduate and professional degrees....

    About the Business Essentials for Managers Specialization

    Learn to drive change, inspire innovation, and cultivate excellence with four practical career-relevant courses taught by some of Vanderbilt’s top business faculty. Each course is designed to accelerate your career trajectory by providing hands-on training in one of four key areas—innovation, finance and accounting, strategy and operations, and leadership—and every course concludes with a real-world project that will help you demonstrate your value and expertise to current and potential future employers. When you complete the Specialization, you’ll have the tools you need to position yourself for a promotion, job change, or any other growth opportunity. You will also be eligible for 6 Continuing Education Units (CEUs). You will need to request the CEU certificate by contacting Vanderbilt upon completion: execed@owen.vanderbilt.edu....
    Business Essentials for Managers

    Frequently Asked Questions

    • Yes, you can preview the first video and view the syllabus before you enroll. You must purchase the course to access content not included in the preview.

    • If you decide to enroll in the course before the session start date, you will have access to all of the lecture videos and readings for the course. You’ll be able to submit assignments once the session starts.

    • Once you enroll and your session begins, you will have access to all videos and other resources, including reading items and the course discussion forum. You’ll be able to view and submit practice assessments, and complete required graded assignments to earn a grade and a Course Certificate.

    • If you complete the course successfully, your electronic Course Certificate will be added to your Accomplishments page - from there, you can print your Course Certificate or add it to your LinkedIn profile.

    • This course is one of a few offered on Coursera that are currently available only to learners who have paid or received financial aid, when available.

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