This course discusses corporate financial statements such as the income statement, balance sheet and statement of cash flows. The course describes how to read and interpret them, using techniques such as ratio analysis to assess a company's financial health. It then shows the process of creating departmental budgets for engineering cost centers and pro forma statements for profit centers. As all future-looking financial estimates involve uncertainty, risk management measures such as scenario analysis and sensitivity analysis are developed to create best-case, most likely case, and worst case analyses. Finally, many businesses today are incorporating various aspects of sustainability into their operations. The course wraps-up with how these initiatives are communicated via annual sustainability reports, using frameworks such as the Global Reporting Initiative (GRI) and Corporate Sustainability Reporting Directive (CSRD) that ensure transparency and common metrics for investors.

Financial Forecasting and Reporting

Financial Forecasting and Reporting
This course is part of Finance for Technical Managers Specialization

Instructor: Michael J. Readey, Ph.D.
Access provided by Maritime College
11,483 already enrolled
80 reviews
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What you'll learn
Read an income statement, balance sheet, and statement of cash flows and calculate relevant ratios to determine the financial health of a company.
Learn to read and prepare an operating and financial budget, resulting in a pro forma financial statement.
Apply scenario and sensitivity analysis to a project’s cash flows.
Learn to read and interpret a company’s Corporate Sustainability Report.
Skills you'll gain
- Operating Budget
- Financial Reporting
- Business Reporting
- Risk Modeling
- Engineering Management
- Financial Analysis
- Financial Statements
- Risk Analysis
- Cost Benefit Analysis
- Corporate Sustainability
- Balance Sheet
- Financial Statement Analysis
- Financial Management
- Cash Flows
- Financial Forecasting
- Budgeting
- Sustainability Reporting
- Income Statement
- Environmental Social And Corporate Governance (ESG)
- Risk Management
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There are 5 modules in this course
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Build toward a degree
This course is part of the following degree program(s) offered by University of Colorado Boulder. If you are admitted and enroll, your completed coursework may count toward your degree learning and your progress can transfer with you.¹
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Reviewed on Mar 23, 2023
Great course with good structure and a pleasant instructor.
Reviewed on Oct 19, 2023
Peer evaluation process consume more time. which is not satisfying
Reviewed on Nov 28, 2023
Great class - the professor used appropriate pacing and provided real-world examples frequently to promote a practical understanding of the material.
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