Basics of Financial Management

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Certificate

Paid

Language

Level

Intermediate

Access

Free

Last updated on April 24, 2026 3:14 am

This finance course explains the processes used to guide strategic decision-making, from budgeting and financial statements to benchmarking and trend analysis.

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Are you looking to develop a career in the field of financial management? Do you want to study the trends and calculations used to measure a company’s performance? Then this finance course is the perfect opportunity. We introduce you to the basics of financial management, a solid foundation for you to build on. Then we guide you through it all, from budgets and ratio analysis to risk management, to prepare you for the next stage of your career.

What You Will Learn In This Free Course

  • Define the term ?financial managemen…
  • Identify the role of financial manag…
  • Describe the fundamentals of budgeti…
  • Explain what a statement of financia…
  • Define the term ?financial management?
  • Identify the role of financial managers in an organisation
  • Describe the fundamentals of budgeting and the budgeting process for organisations
  • Explain what a statement of financial position/balance sheet is along with its components
  • Discuss what a ?profit and loss? statement is and an explanation of its key heads
  • Describe how to make a cash flow statement and the importance of cash for organisations
  • Explain what a ?statement of changes in equity? is along with its key components
  • Identify some of the controversies that exist regarding the subject of stockholders’ equity
  • Discuss the process of interpreting and analysing financial statements through key ratios based on the target users
  • Describe how all the financial statements are interrelated to one another when it comes to decision-making and trend analysis
  • Compute the formula for the calculation of the DuPont equation and list its advantages
  • Discuss the internationalisation of businesses along with its impact on risk and shareholder wealth
  • Financial Management Fundamentals

    This module provides the learner with an introduction to the subject of financial management. The key objectives of financial management and the role of financial managers shall be discussed. A detailed explanation of the budgeting process shall be provided. Key financial reports including the periodic financial statements will also be analysed.

    Aspects of Financial Management

    This module starts off with an explanation of the statement of shareholders’ equity. The crucial skill required to interpret financial statements shall be discussed and key financial ratios identified. The inter-relationship between the various financial statements will be analyzed. Finally, the internationalization of businesses shall be explained

    Course assessment

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      Basics of Financial Management
      Basics of Financial Management
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