Introduction to Finance, Accounting, Modeling and Valuation

Introduction to Finance, Accounting, Modeling and Valuation

Important Points (As of 2nd November, 2020):

Total Enrolment 146,352 students*
Badge(s) (if any) Bestseller
Headline Learn Finance & Accounting from Scratch by an Award Winning MBA Professor, Ivy Grad, worked @ Goldman & VC
Course Link Introduction to Finance, Accounting, Modeling and ValuationPython for beginners
Instructor’s Name Chris Haroun

*Actual data may be vary

MY CERTIFICATE

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Certificate

 

Thank You

 

It was an excellent learning experience.

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Area What their course page says What I felt after doing the course

Objectives

  • Analyze and understand a balance sheet (even if you have no experience with balance sheets).
  • Analyze and understand a cash flow statement (even if you have no experience with cash flow statements).
  • Understand and use modeling best practices so you can create financial models.
  • Know where to get data in order to build a financial model (in depth understanding of identifying and using/navigating the best free websites and sources to build your financial model)!
  • Create a financial model (projecting the future) for an income statement.
  • Create a financial model (projecting the future) for a balance sheet.
  • Create a financial model (projecting the future) for a cash flow statement.
  • Understand valuation best practices so you can create target prices based on your financial models.
  • How to use Discounted Cash Flow (DCF) and how to create the Weighted Average Cost of Capital and Terminal values in order to pick target prices.
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  • Other valuation methodologies, including EV/Sales, EV/EBITDA, P/B, EV/FCF, etc.
  • Come up with a target price based on an average of several different valuation methodologies.
  • Analyze the total addressable market for a company you are doing research on.
  • Analyze financial statements using profitability ratios: Gross Margin (Cost of Goods Sold / Revenue), Operating Margin (EBITDA/ Revenue), Net Profit Margin (Net Income / Revenue), Return on Assets (Net Income / Assets) and Return on Equity (Net Income / Equity).
  • Analyze financial statements using debt and inventory formulas: Debt to Assets (Total Liabilities/ Total Assets), Debt to Equity (Total Liabilities/ Total Equity), Interest Coverage Ratio (EBITDA / Interest) and Inventory Days on Hand (Inventory / Cost of Good Sold) * 365.
  • Analyze and compare companies using the following formulas: Price / Earnings, PEG (P/E / Growth), Price / Revenue, EV/EBITDA, EV/Sales, Price/Free Cash Flow and Price / Book.
  • #1 Best Selling Accounting Course on Udemy (Learn Finance and Accounting the Easy Way)!​
  • The teacher is definitely highly knowledgeable of what he teaches.
  • How to use P/E in order to pick target prices.
  • How to use P/R in order to pick target prices.
  • Analyze and understand an income statement (even if you have no experience with income statements).
  • The course is great to refresh the finance knowledge or start from the scratch. Loved those excel spreadsheets exercises, really comprehensive!
  • You will do an extremely in depth professional accounting, finance, modeling and valuation analysis of LinkedIn using the accounting and finance methodologies used in this course (you will also have many exercises to complete that will help you understand accounting, finance, valuation and modeling).
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Average Rating

4.5

4.5

Primary and secondary category

Finance & Accounting » Accounting & Bookkeeping » Accounting

Finance & Accounting » Accounting & Bookkeeping » Accounting

Prerequisites

You don’t need to have any accounting or finance experience as we will cover all of the concepts from scratch. A requirement is that you have access to and a very basic understanding of how to use Microsoft Excel as we will use Microsoft Excel in the course as we will be analyzing and creating a Balance Sheet, Income Statement and Cash Flow Statement. We will also learn how to create the following from scratch using Microsoft Excel: financial models so we can come up with target prices using Discounted Cash Flow, the Weighted Average Cost of Capital, Price to Earnings, Price to Revenue, etc. – again all from scratch (assuming you have no or some accounting/finance knowledge).

One requirement is that you have a very basic understanding and use of using Microsoft Excel as they will use Microsoft Excel throughout the course as they will analyze and create a balance sheet, income statement and cash flow statement.

Note: This Course is also available on Google Play App.

I have studied these concepts in college time as well as another vocational course. The concepts were explained there. I would not say that those lectures were bad, but they could be their way of delivering concepts. Here, with all the visuals and Mr. Chris’ explanations, the sessions were more engaging. I have slept during those lecturers. But here, I found myself listening to his explanations with more focus on the subject. Practical examples and cases have made this course really good.

Positive review (on Udemy) for this course:
PR
Negative review (on Udemy) for this course:
(Best part is the author/team has replied to the review which is very good sign of the course)
NR

Most Popular FAQ

whats the diffrence between basic and diluted EPS?

Diluted EPS assumes that all convertible securities are exercised. In other words, basic EPS only accounts for outstanding shares as opposed to diluted EPS which adds the possible additional number of shares to the equation increasing the denominator and therefore lowering the EPS.

Basic EPS = (Net income−Dividends on preferred stock​) / Outstanding Shares

Diluted EPS = (Net income−Dividends on preferred stock​) / Outstanding Shares + (any outstanding preferred shares, convertible notes, etc)

what is Amortization?

 In short amortization is a way to lower the cost of an asset over a period of time. Think of it as depreciation but for intangible assets like a loan or a patent.

As an example, let’s say you took out a loan of $200K. Every year you’re paying back $10K to the bank. You should record that $10K as an amortization expense.

What would classify as depreciating assets?

Per GAAP principles, just about any business asset that provides economical benefit over time can be depreciated.

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