
Explore how financial markets, from primary IPOs to secondary trading, value securities through competition, information standardization, and regulation, guiding corporate finance and shareholder value.
Explore the balance sheet's point-in-time view of assets, liabilities, and equity, and how it ties to the income statement, retained earnings, and cash flows.
Explore the statement of retained earnings, linking last year’s balance sheet to this year’s income statement through beginning retained earnings, net income, and dividends to derive ending retained earnings.
Calculate operating income from revenue minus cost of goods sold, selling and admin expenses, and depreciation within the accrual-based income statement.
Learn the structure of a multi-step income statement, from revenue to net income, including cost of goods sold, depreciation, operating profit, interest, and taxes, with accrual considerations and ratio analysis.
Construct an income statement from revenues through net income, highlighting gross profit and operating profit, then compute earnings per share after deducting preferred dividends and dividing by outstanding common shares.
Classify balance sheet and income statement accounts, differentiate current and fixed assets, current and long-term liabilities, and stockholders equity to build a decision-ready financial picture.
Explore balance sheet formats, including side-by-side and vertical layouts, and learn to classify assets, liabilities, and equity using current assets, long-term assets, and key accounts.
Explore the cash flow statement based on account activity, contrasting accrual and cash bases, and using the indirect method to link balance sheet changes to operating, investing, and financing activities.
Solve for net income from retained earnings in excel using algebra or goal seek, then compute earnings per share from net income and 48,000 shares outstanding.
Learn to convert net income to cash flow using indirect and direct methods, focusing on accounts receivable, accounts payable, accrual adjustments, and the income and cash flow statements.
Apply Excel to compare depreciation effects on income and cash flow statements, highlighting accrual vs cash-basis treatment and the indirect method for operating cash flow.
In this comprehensive course, we will explore the essential concepts of corporate finance, equipping you with the knowledge and skills to make informed financial decisions.
We begin by clarifying the distinctions and connections between finance, accounting, and economics. While accounting focuses on past data and the construction of financial statements, corporate finance utilizes financial statement data to forecast future performance and drive decision-making. We also acknowledge the significance of economics in corporate finance, as economic conditions play a vital role in the decision-making process.
Next, we delve into different forms of business organizations, discussing their characteristics and implications for corporate finance. By understanding the various organizational structures, you will gain insights into the financial considerations associated with each type.
A thorough understanding of the primary financial statements—balance sheet, income statement, and statement of cash flows—is crucial in corporate finance. We provide comprehensive explanations of these statements, their interrelationships, and their role in assessing financial performance and making predictions about the future.
To reinforce your learning, this course includes numerous practice problem examples, including hands-on exercises using Excel worksheets. You will have access to preformatted Excel worksheets with step-by-step instructional videos, allowing you to work through the practice problems in a structured manner. Additionally, answer sheets are provided to verify your solutions and facilitate self-assessment.
Join us on this engaging journey to master corporate finance. Enroll today and develop a solid foundation in core concepts, gain practical problem-solving skills, and apply financial analysis techniques using real-world scenarios.