Course curriculum
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1
ACCOUNTING FOUNDATIONS
- 1. What is Accounting
- 2. The Importance of Bookkeeping
- 3. An Introduction to Financial Accounting
- 4. The different types of accounting standards
- 5. The three financial statements
- 6. Types of revenues
- 7. Types of expenses
- 8. Income taxes
- 9. Depreciation and Amortization
- 10. Types of assets
- 11. Types of liabilities
- 12. Equity
- 13. Accrual accounting
- 14. The importance of timing when recognizing revenues
- 15. Revenue recognition criteria
- 16. Cost recognition principles
- 17. Technical aspects of cost recognition
- 18. The two types of Income Statement formats
- 19. The Revenue Recognition Principle
- 20. The Expense Recognition Principle
- 21. Historical Cost vs. Fair Value Accounting
- 22. The Accounting Equation
- 23. Accounting System General Ledger
- 24. T-Accounts, Understand Debits and Credits
- 25. P and L T-Accounts
- 26. Calculate Depreciation Expense
- 27. Understand if a business makes or burns cash
- 28. The three parts of Cash Flow statements
- 29. Cash Flow computations (The Direct method)
- 30. Cash Flow computations (The Indirect method)
- 31. Cash Flow in practice
- 31. Cash-Flow.xlsx
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2
FINANCIAL MODELING
- 1. What is a financial model
- 2. Why use a financial model
- 3. Inefficient financial modeling practices
- 4. Efficient financial modeling practices
- 5. Different types of financial models we can build
- 6. The right level of detail
- 7. The right way to approach the forecasting
- 8. Building financial models
- 9. Forecasting P and L items
- 10. Forecasting Balance sheet items
- 11. Forecasting PP&E, Financial Liabilities, etc
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3
FINANCIAL STATEMENTS
- 1. The three main statements
- 2. The ingredients of the P and L statement
- 3. The building blocks of the Balance Sheet
- 4. What is a 10-K Report and Why Is It important for Investors
- 5. What is the Role of Auditing Firms
- 6. Indispensable Tools for Financial Statement Analysis
- 7. A Continuation of Financial Accounting
- 8. First Steps in Financial Statement Analysis
- 9. Horizontal vs. Vertical Financial Statement Analysis
- 10. Days Payable (DPO), Days Receivable (DSO) and Days Inventory (DIO)
- 11. Assess Business Performance
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4
CAPITAL MARKET
- 1. Capital Market, going public
- 2. Who are the investors in an IPO
- 3. Share price
- 4. IPO timetable
- 5. The IPO syndicate
- 6. Allocating shares to investors
- 7. Other ways to place equity capital
- 8. The four different types of bonds
- 9. The mechanics of a bond offering
- 10. What is securitization and why can it be useful
- 11. Loan Syndication
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5
WORKING CAPITAL
- 1. Introduction
- 2. The importance of working capital
- 3. Overtrading vs. excessive investment
- 4. Trade receivables management
- 5. Re-order level
- 6. Economic order quantity (EOQ)
- 7. Inventory optimization techniques
- 8. Trade payables management
- 9. Working capital optimization
- 10. Inefficient working capital
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6
COMPANY VALUATION
- 1. Why value a company
- 2. How much is a company worth
- 3. The two variables that drive a firm’s value
- 4. The mechanism of Unlevered Cash Flow Calculation
- 5. Introducing a discount factor
- 6. Calculating a firm's cost of debt
- 7. Calculating a firm’s cost of equity
- 8. Estimating a company’s future cash flows
- 9. The two stages of a DCF model
- 10. Discounting cash flows and terminal value
- 11. Calculating Enterprise and Equity value
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7
ADVANCED ACCOUNTING
- 1. Pay attention to trade receivables
- 2. What if clients do not pay on time
- 3. Collecting trade receivables sooner
- 4. The different types of Inventory we can have
- 5. The Cost of Goods Sold and Inventory
- 6. Cost flow methods
- 7. The different types of fixed assets
- 8. Capitalizing interest expenses
- 9. Fair value accounting
- 10. Assets with finite life vs. assets with infinite life
- 11. The revaluation model
- 12. internal Intangible assets
- 13. How we account for trade payables
- 14. Accounts payable VS notes payable
- 15. e-invoicing
- 16. Debt Vs equity
- 17. Amortizing a loan
- 18. Debt covenants
- 19. The reason companies lease assets
- 20. Solving a leasing exercise
- 21. Why companies use financial leverage
- 22. The implications of using excessive leverage
- EVALUATION