Finance and Accounting Basics for Nonfinancial Executives

Financial knowledge is vital to an executive’s role in a business, but the systems within a business can be extremely complex. Without a strong foundation of financial analytics, it can be difficult to interpret, report, or even understand a business’s financial standing. A lack of understanding can impede your ability to make educated decisions. By understanding where the data comes from and how accounting operates, you can manage your business with greater efficiency and interpret business systems more accurately. 

In this Finance and Accounting Basics for Nonfinancial Executives course, you will learn the basics of financial and accounting decisions, as well as the important assumptions and constraints within financial statements. You’ll also learn the ins and outs of the accounting equation, including its relation to transactions and the income statement. You’ll discover how FinTech is used in business markets, the challenges it may create, and how it can lead to better business solutions.

Learning Objectives 

• Understand financial accounting
• Examine the accounting equation
• Explore FinTech challenges and benefits
• Discover accounting assumptions and constraints