Intro to being a CFO! Learn about Profitability and Financial Analysis. | BrainyMoney And Son Han, CFA,CPA | Skillshare

Intro to being a CFO! Learn about Profitability and Financial Analysis.

BrainyMoney And Son Han, CFA,CPA, Personal Finance Made Easy!

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8 Lessons (40m)
    • 1. 02 What you will Learn

      2:34
    • 2. 03 Definitions for Margin Analysis

      3:07
    • 3. 04 Example 1 Google Sheet

      11:07
    • 4. 05 Example 2 PPT

      1:11
    • 5. 06 Example 2 Google Sheet

      13:41
    • 6. 07 Definitions for Variance Analysis

      3:07
    • 7. 08 Example 3 Variance Analysis Google Sheets

      7:55
    • 8. 09 Conclusion

      2:00
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About This Class

An introduction to being a CFO and cost analysis. Learn about profitability and financial analysis!

The purpose of this course is to teach you how to perform detailed financial analysis of a business’ (or your company’s) financial situation. This is Intro to Financial Analysis but covers the main topics of Cost / Managerial Accounting. 

This course will show you where to focus your analysis and energy but will require you to dig into the financial--both the actual transactions and budget--to come up with the reason why things are happening.

We will work through this Google Sheet together.

What You Will Learn

  • Understanding costs and profit
    • The difference between variable costs and fixed costs
    • Contribution/Unit Margin, Total Margin or Profit
  • Understanding break-even
    • How many units do I need to sell to make sure I’m not losing money?
  • Difference between profit and cash
    • Why is cash king?
  • Basics of budgeting and forecasting for a business
    • Should I start this business?
  • Basics of variance analysis
    • Why didn’t I make as much money as I thought I would have?