Intro to being a CFO! Learn about Profitability and Financial Analysis.

An introduction to being a CFO and cost analysis. Learn about profitability and financial analysis!

The purpose of this course is to teach you how to perform detailed financial analysis of a business’ (or your company’s) financial situation. This is Intro to Financial Analysis but covers the main topics of Cost / Managerial Accounting. 

This course will show you where to focus your analysis and energy but will require you to dig into the financial--both the actual transactions and budget--to come up with the reason why things are happening.

We will work through this Google Sheet together.

What You Will Learn

• Understanding costs and profit
  • The difference between variable costs and fixed costs
  • Contribution/Unit Margin, Total Margin or Profit
• Understanding break-even
  • How many units do I need to sell to make sure I’m not losing money?
• Difference between profit and cash
  • Why is cash king?
• Basics of budgeting and forecasting for a business
  • Should I start this business?
• Basics of variance analysis
  • Why didn’t I make as much money as I thought I would have?

• 02 What you will Learn
• 03 Definitions for Margin Analysis
• 04 Example 1 Google Sheet
• 05 Example 2 PPT
• 06 Example 2 Google Sheet
• 07 Definitions for Variance Analysis
• 08 Example 3 Variance Analysis Google Sheets
• 09 Conclusion