BA_Financial Management - Taylor Pro College

About Course

Operating any business means that the financial resources must be managed in a timely and effective manner. In this course students will learn how to make effective business decisions based on an understanding of cash-flow, cost effectiveness, forecasting, cost control, the processing and analysis of financial data, and how to manage working capital and develop and finance growth strategies.

Learning Objectives

Upon successful completion of this course, students will be able to:

Apply tools and techniques in managing working capital and controlling cash.
State the purposes, contents, and limitations of the income statement.
State the purposes, contents, and limitations of the statement of cash flows.
Make project and planning decisions based on accurate calculation of cash flow projections.
Use a cash-flow timeline(s) to conceptualize time-value-of-money problems.
Define the different types of time-value-of-money problems – Amount lump sum/single amount, (future value, present value) and Annuity (present value of annuity, future value of annuity, present value of annuity due, future value of annuity due).
Calculate present and future values of payments, perpetuities, and annuities and solve time-value-of-money problems.
Use the concept of time value of money in developing an investment plan and making investment decisions.
Develop and negotiate an investment package.
Describe the financial challenges in starting or growing an industry business.

Course Content

Topic 1 – Financial Planning

Topic 1: Introduction

00:00
LO1: Explain The Purpose Of Financial Planning And Its Role In Supporting Organizational Strategy

00:00
LO2: Analyze The Components Of A Financial Plan, Including Sales Forecasts, Budgets, And Capital Needs

00:00
LO3: Evaluate How Effective Financial Planning Contributes To Long-Term Financial Stability

00:00

Topic 2 – Managing Working Capital

Topic 3 – Controlling Cash

Topic 4 – Internal Control

Topic 5 – Growing The Business

Topic 6 – Financing Growth

Topic 7 – Time Value Of Money

Assessment I

Topic 8 – Investment Analysis

Topic 9 – Capital Budgeting

Topic 10 – Lease Accounting

Topic 11 – Taxes

Topic 12 – Managing Working Capital (Advanced)

Topic 13 – Cash Flow Management

Topic 14 – Internal Control Systems

Assessment II

Topic 15 – Business Growth And Financial Strategy

Topic 16 – Financing Business Expansion

Topic 17 – Time Value Of Money (Advanced)

Topic 18 – Investment Analysis And Decision Making

Topic 19 – Capital Budgeting (Advanced)

Topic 20 – Final Exam Review

Final Exam

About Course

Learning Objectives

Course Content

Topic 1 – Financial Planning

Topic 1: Introduction

LO1: Explain The Purpose Of Financial Planning And Its Role In Supporting Organizational Strategy

LO2: Analyze The Components Of A Financial Plan, Including Sales Forecasts, Budgets, And Capital Needs

LO3: Evaluate How Effective Financial Planning Contributes To Long-Term Financial Stability

Topic 2 – Managing Working Capital

Topic 2: Introduction

LO1: Define Working Capital and its Major Components Including Receivables, Payables, and Inventory

LO2: Analyze Strategies for Optimizing the Working Capital Cycle

LO3: Evaluate the Impact of Working Capital Decisions its Liquidity and Profitability

Topic 3 – Controlling Cash

Topic 3: Introduction

LO1: Explain the Objectives of Cash Management and Cash-Flow Forecasting

LO2: Describe Methods for Accelerating Cash Collections and Controlling Disbursements

LO3: Assess the Effectiveness of Cash Control Techniques In Minimizing Liquidity Risk

Topic 4 – Internal Control

Topic 4: Introduction

LO1: Identify the Key Components of An Internal Control System

LO2: Analyze Internal Control Procedures That Help Prevent Fraud and Safeguard Assets

LO3: Evaluate the Adequacy of Internal Controls In Ensuring Accurate Financial Reporting

Topic 5 – Growing The Business

Topic 5: Introduction

LO1: Explain Various Growth Strategies Available to a Business

LO2: Analyze How Financial Resources Affect the Ability to Pursue Business Growth

LO3: Assess the Risks and Financial Implications Associated with Expansion

Topic 6 – Financing Growth

Topic 6: Introduction

LO1: Describe the Major Financing Options for Business Expansion, Including Debt and Equity

LO2: Compare the Costs and Benefits of Internal Versus External Financing

LO3: Evaluate How Financing Choices Influence the Firm’s Capital Structure

Topic 7 – Time Value Of Money

Topic 7: Introduction

LO1: Explain the Concept of the Time Value of Money and its Importance in Financial Decision Making

LO2: Compute Present and Future Values Using Discounting and Compounding Techniques

LO3: Apply Time Value Concepts to Loans, Investments, and Annuities

Assessment I

Assessment I

Topic 8 – Investment Analysis

Topic 8: Introduction

LO1: Summarize The Key Steps Involved In Evaluating Investment Opportunities

LO2: Analyze Investment Risks And Expected Returns Using Financial Models

LO3: Assess The Suitability Of Investment Options Based On Organizational Goals

Topic 9 – Capital Budgeting

Topic 9: Introduction

LO1: Define Capital Budgeting And Its Role In Long-Term Financial Planning

LO2: Analyze Capital Projects Using Npv, Irr, And Payback Criteria

LO3: Evaluate Investment Proposals To Determine Their Financial Feasibility

Topic 10 – Lease Accounting

Topic 10: Introduction

LO1: Explain The Difference Between Finance Leases And Operating Leases

LO2: Apply Basic Lease Accounting Principles To Record Leasing Transactions

LO3: Assess How Leasing Decisions Affect Financial Statements And Capital Structure

Topic 11 – Taxes

Topic 11: Introduction

LO1: Describe How Corporate Taxes Influence Financial Planning And Investment Decisions

LO2: Explain The Tax Implications Of Depreciation, Interest, And Capital Gains

LO3: Analyze Strategies For Minimizing Tax Liability Within Legal Boundaries

Topic 12 – Managing Working Capital (Advanced)

Topic 12: Introduction

LO1: Differentiate Between Short-Term Financing Strategies For Working Capital Needs

LO2: Analyze Advanced Working Capital Management Tools Such As Factoring And Credit Terms

LO3: Evaluate Policies For Optimizing Inventory, Receivables, And Payables

Topic 13 – Cash Flow Management

Topic 13: Introduction

LO1: Describe The Components Of Cash Flow From Operating, Investing, And Financing Activities

LO2: Analyze Cash Flow Statements To Assess Liquidity And Operational Efficiency

LO3: Evaluate Strategies For Improving And Sustaining Positive Cash Flow

Topic 14 – Internal Control Systems

Topic 14: Introduction

LO1: Explain The Design Principles Of Effective Internal Control Systems

LO2: Assess The Role Of Internal Audits In Monitoring Compliance And Risk

LO3: Evaluate Internal Control Weaknesses Using Real-World Case Scenarios

Assessment II

Assessment II

Topic 15 – Business Growth And Financial Strategy

Topic 15: Introduction

LO1: Explain How Financial Strategy Supports Sustainable Business Growth