Andrew Stotz – Finance Made Ridiculously Simple
The complete, proven, step-by-step online course to guide you from fear of finance to mastery
Learn to assess management decisions in a financial framework
In this course, you will start by recognizing basic accounting terms and describing their meaning. This will allow you to be able to categorize various accounting items and distinguish one from the other.
Next, you will begin to apply this accounting knowledge to analyze financial statements and theorize about the financial outcomes of management decisions. With this knowledge, you will start to see how to use financial measures to assess management’s financial success (or failure).
Your new financial knowledge will earn you a place on the management team as a well-rounded manager who considers management decisions in a financial framework.
What You’ll Learn In Finance Made Ridiculously Simple
Build a strong accounting foundation
- Welcome to FMRS
- Build a strong accounting foundation
- How shareholders set up a business
- Knowledge Check: How shareholders set up a business
- Balance sheet basics
- Knowledge Check: Balance sheet basics
- Four main types of long-term assets
- Knowledge Check: Four main types of long-term assets
- The importance of inventory
- Knowledge Check: The importance of inventory
- Depreciation and accrued accounts
- Knowledge Check: Depreciation and accrued accounts
- Principles and four main accrual accounts
- Knowledge Check: Principles and four main accrual accounts
- Gross profit and retained earnings
- Knowledge Check: Gross profit and retained earnings
- Settling accounts receivables and payables
- Wrap up
- Question
Understand how companies create a competitive advantage
- What you will learn
- The data we use in this course
- Ways to create a competitive advantage
- Competitive advantage starts with revenue
- Ten sectors and their growth patterns
- Ten sector-leading companies
Identify the two main costs in a business and the three margins that matter
- What you will learn
- Profit from a shareholder perspective
- Profit from a production perspective
- Profit from an operation perspective
- Special topic – EBITDA
Recognize and focus on the real source of value in every business
- What you will learn
- The beautiful balance sheet
- The trade-off between strategic and core assets
- Details of strategic assets
- Details of core assets
- The source of value
Appreciate how companies acquire money to fund growth
- What you will learn
- Strategic vs. core funding
- Special topic – The number one financial risk
- Liability funding
- Finding the free money
- Equity funding
Apply financial ratios to analyze management performance
- What You Will Learn
- Measuring growth
- Internal liquidity
- Margins and profitability
- Breakdown of return
- Assessing risk
- Special topic – ROIC
- Testimonial
- FMRS Testimonial