Managerial Finance Foundations
1h 47mBeginner2021-09-17
Authors
Jim Stice
Professor of Accounting at BYU
Kay Stice
Professor of Accounting at the BYU Marriott School of Management
Course details
If you work in corporate finance or make financial decisions for your organization, this course can help you improve your decision making through a solid understanding of managerial finance. In this course, accounting professors Jim and Kay Stice break down the various aspects of managerial finance. Managerial finance combines finance and managerial accounting to provide information for making decisions. Jim and Kay explain different types of financial statements, financial ratios, and ratio analysis. They go over ways to manage working capital, as well as long-term decisions that require your attention. After explaining capital structure and factors that influence it, Jim and Kay conclude with a discussion of currency exchange rates, international financing, and multinational income taxes.
Skills covered
Corporate FinanceFinance and AccountingFoundations
Concepts
0. Introduction
- 01 - Managerial finance
1. Overview of Managerial Finance
- 02 - Combining finance and managerial accounting
- 03 - Key topics in finance
- 04 - Key topics in managerial accounting
2. Financial Statements and Ratio Analysis
- 05 - Overview of the financial statements
- 06 - Understanding the DuPont framework
- 07 - Common-size financial statements
- 08 - Common financial ratios
- 09 - Time-series analysis
3. Working Capital Management
- 10 - The operating cycle of working capital
- 11 - Cash management and working capital
- 12 - Managing receivables and inventory
- 13 - Obtaining short-term financing
4. Long-Term Decisions
- 14 - Time value of money decisions
- 15 - Risk, return, and the cost of capital
- 16 - Capital budgeting decisions
- 17 - Financial modeling and forecasting financial statements
5. Capital Structure
- 18 - Overview of capital structure
- 19 - Does capital structure matter
- 20 - Factors influencing optimal capital structure
- 21 - Weighted average cost of capital (WACC)
- 22 - Dividends and share repurchases
6. International Financial Management
- 23 - Currency exchange rates
- 24 - International financing
- 25 - Multinational income taxes
Conclusion
- 26 - Data-informed decisions