Join Rudolph Rosenberg for an in-depth discussion in this video What you need to know, part of Financial Analysis: Analyzing the Bottom Line with Excel.
This course is part of a series on financial analysis. To get the most out of this course, you need to have at least a basic understanding of what a PNL is and how it fits into the financial statements of a company. If you're not familiar with a P and L or if you feel you could use a refresher on the subject then I would recommend that you toke a look at the course Financial Literacy: Reading Financial Reports in the linda.com Training Library. The courses of these series complement each other and I therefore invite you to refer to them as needed.
In particular, you should consider going through Financial Analysis: Introduction to Business Performance Analysis, and Financial Analysis: Analyzing the Top Line with Excel. Also, this course would likely touch on some accounting concepts. But you don't need to have any knowledge of accounting to follow this course. You should know, though, that this is not an accounting course. And as such, I strongly advise you to consult with a certified accountant if you have an accounting question.
Please, also note that in this course, we will be entirely focused on getting useful insights from our analysis. Even if it means deviating from traditional finance to get closer to the business reality.
Also check out the companion course, Financial Analysis: Analyzing the Top Line with Excel.
Lynda.com is a PMI Registered Education Provider. This course qualifies for professional development units (PDUs). To view the activity and PDU details for this course, click here.
The PMI Registered Education Provider logo is a registered mark of the Project Management Institute, Inc.
- Finding data points
- Prepping data
- Calculating standard cost and gross margins
- Analyzing overall gross margin performance
- Analyzing individual and overall expenses