Finance for Non-Finance
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Finance for Non-Finance
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What you'll learn
Understand the difference between capital and revenue expenditure and their impact on your business.
Learn how to prepare and manage budgets, and understand their effect on business decisions.
Get hands-on experience with financial statements and analyze cash flow, profit, and balance sheets.
Gain insight into how to manage costs, control variances, and improve financial performance.
Skills you'll gain
- Financial Statements
- Financial Analysis
- Variance Analysis
- Income Statement
- Cost Management
- Cost Control
- Financial Forecasting
- Forecasting
- Financial Data
- Budget Management
- Cash Management
- Capital Expenditure
- Working Capital
- Profit and Loss (P&L) Management
- Cash Flow Forecasting
- Financial Acumen
- Budgeting
- Cash Flows
- Financial Statement Analysis
- Balance Sheet
Details to know
See how employees at top companies are mastering in-demand skills
There is 1 module in this course
This course features Coursera Coach!
A smarter way to learn with interactive, real-time conversations that help you test your knowledge, challenge assumptions, and deepen your understanding as you progress through the course. In this course, you will gain a comprehensive understanding of key financial concepts and how they impact business decisions. By the end, you will be equipped to make informed decisions that improve profitability, cash flow, and overall business performance. You will also learn the basics of financial statements, budgeting, and cost management, empowering you to confidently engage in financial discussions within your organization. You will begin by exploring fundamental financial concepts such as capital vs. revenue expenditure, cost behavior, and budgeting. Then, you’ll dive deeper into understanding core financial statements like the balance sheet, profit & loss statement, and cash flow statement. You will also learn about depreciation, ratio analysis, working capital management, and how to analyze financial data to make better decisions. Throughout the course, you’ll gain hands-on experience with key financial tools such as variance analysis, financial forecasting, and controlling costs. Real-world applications like understanding cash flow, financial records, and funding options will be covered, helping you to apply your knowledge practically in your professional role. This course is perfect for business professionals and managers who want to develop a solid financial foundation. No prior finance experience is necessary, but a basic understanding of business concepts is helpful. The course is designed for beginners, and it will help those in non-financial roles confidently participate in discussions about finance and make decisions that align with the company’s financial goals.
In this module, we will explore fundamental financial concepts tailored for non-finance professionals. You will learn how to understand financial statements, differentiate between types of expenditures, and make informed decisions that influence business profitability and cash flow. This section is designed to give you the tools to effectively navigate financial language and practices, empowering you to contribute to your organization’s financial health.
What's included
22 videos1 reading3 assignments
22 videos•Total 65 minutes
- Capital Expenditure vs Revenue Expenditure•3 minutes
- Cost Behaviour•3 minutes
- How To Put Together A Budget•3 minutes
- How Your Day To Day Decisions Impact Profit & Cash Flow•3 minutes
- Introduction To Accountancy & Finance•2 minutes
- The Definitions Of Commonly Used Financial Terms•4 minutes
- The DNA Of A Balance Sheet•3 minutes
- The DNA Of A Cash Flow Statement•3 minutes
- The DNA Of A Profit & Loss Statement•3 minutes
- The Effects Of Depreciation•2 minutes
- Understanding Ratio Analysis & How To Use It•2 minutes
- Understanding The 3 Main Accountancy Statements•3 minutes
- Understanding Working Capital: What Is It? How Can We Manage It?•3 minutes
- Variance Analysis & Reforecasting•3 minutes
- Why Cash Doesn't Equal Profit•2 minutes
- Data Analysis•4 minutes
- Cash Flow•3 minutes
- Budgets•3 minutes
- Finance & Funding•3 minutes
- Financial Forecasting•3 minutes
- Financial Records•4 minutes
- Reviewing & Controlling Costs•2 minutes
1 reading•Total 10 minutes
- Full Course Resources•10 minutes
3 assignments•Total 90 minutes
- Full Course Practice Assessment•15 minutes
- Finance for Non-Finance - Assessment•15 minutes
- Full Course Assessment•60 minutes
Instructor
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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.
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