Finance for Non-Finance Professionals
Practical financial literacy for engineers, technical specialists and team leaders: reading the three core statements, understanding margin, cash and cost behaviour, working with budgets and variances, and building a business case that survives scrutiny.
54m
Общее время
4
Уровни компетенций
12
Уроки
Чему вы научитесь
- Explain what the income statement, balance sheet and cash flow statement each answer, and which one to look at for a given question
- Distinguish profit from cash, and explain how a profitable operation can still run out of money
- Classify spend as operating or capital expenditure, and describe how fixed, variable, direct and indirect costs behave as activity changes
- Investigate a budget variance, label it favourable or adverse, and explain it honestly with its full-year impact
- Apply payback, net present value and internal rate of return as concepts, and test the sensitivities that decide the answer
- Build a business case on total cost of ownership over the asset life and route it through the correct approval limit
Программа
Проходите уровни компетенций по порядку.
1
Awareness
- 3mWhy Technical People Need Financial LiteracyЗнания
- 3mThe Three Core Statements in Plain LanguageЗнания
- 7mAwareness Check: Statements and Why They MatterОценка
2
Knowledge
- 3mFrom Revenue to Margin — and Why Profit Is Not CashЗнания
- 3mOpex, Capex and How Costs BehaveЗнания
- 8mKnowledge Check: Margin, Cash and Cost BehaviourОценка
3
Skill
- 3mBudgets, Forecasts, Variances and Approval LimitsЗнания
- 3mPractice: Cost Picture and Variance Story for Your Own AreaЗадание
- 8mSkill Check: Budgets, Variances and AuthorityОценка
4
Mastery
- 3mInvestment Appraisal: Time Value, Payback, NPV, IRR and Total Cost of OwnershipЗнания
- 3mCapstone: Build and Defend a Business CaseЗадание
- 7mMastery Assessment: Judgement on Investment DecisionsОценка
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