Financial Accounting and Analysis | IIMBx on edX

PADMINI SRINIVASAN: Hello, and
welcome to the financial accounting and analysis course. I'm happy to see you
here, and I guess that you are very interested in learning
more about finance and accounting, but unable to go further because
some of these terms and jargons are quite confusing. Confusing, daunting, intimidating– are
these the word that comes to your mind when someone discusses
financial accounting numbers? Or have you found yourself
in situations where you don't take part in
important discussions because you lack understanding
financial numbers and not very confident
of financial acumen? Well then, you are in the right place. In today's competitive
business environment, having a strong grasp over
financial numbers and statements are very critical for running
a successful business.

As managers, you realize that
a lack of financial knowledge is a big handicap, particularly as
you move up the corporate ladder. If you're already in
leadership roles, you know that financial
numbers are very important and need to take steps to
understand them better. If you're running your own business
and you are an entrepreneur, you know that financial numbers
are very crucial for success and growth of your business.

If you would like to get
a better understanding of financial numbers and financial
statement, then this course is for you. Welcome to the financial
accounting and analysis course. I'm your course instructor,
Padmini Srinivasan, and I'm faculty at the Indian
Institute of Management, Bangalore. I have been teaching financial
accounting and analysis for the last 14 years and to my students
in the MBA program and to the participants in
the executive education.

In this course, we will learn to
read the basic financial statement. You will also be able to analyze and
interpret the financial statement using several tools and techniques. You will also be able to understand
how your decisions that you take in your day-to-day business
affect the operating, investment, and financing decisions, and thereby,
the financial statement and overall performance of your business. But don't worry. We make this course simple, easy
to understand, and demystify the various terms and
jargons that are normally used in financial
statement and its analysis. This five week course is
designed in a systematic manner, and the learning happens
through interactive sessions, videos, case studies, explore
and learn sections of the course. Welcome aboard in this wonderful journey
of financial accounting and analysis, and let's explore the
subject in greater detail.

See you in the course..

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