Accounting and Finance Business Productivity Bundle

Overview

Boost your efficiency with expert-led courses in accounting and business tools with this great-value 7-course bundle. What you'll learn:

Navigate and format data in Excel efficiently and grasp Excel formulas and functions.Import and deduplicate files using advanced functions like XLOOKUP.Record journal entries for assets, expenses, income, and liabilities.Link accounts in QuickBooks Online, ensuring consistently updated records.Prepare a trial balance and pass adjusting entries at the end of an accounting period.The basics of financial modeling and forecasting using Excel.The purpose of financial forecasting and how to build a sound financial model.How to go through the three financial statements (balance sheet, income statement, and cash flow statement).How to define your forecasting objectives and identifying key variables and drivers.Analyzing financial forecasts using ratio analysis and future trends in forecasting.Distinguish between risk management and risk measurement.Describe risk budgeting and understand its role in risk governance.Define, classify, and distinguish between financial risks.Distinguish between risk prevention and avoidance.Define and apply the concepts of self-insurance, risk shifting, and risk transfer.Understand and apply Excel formulas and functions.Sort data and apply filters, including advanced filtering techniques.Work with Excel charts, including clustered columns, line graphs, and waterfalls.Utilize database functions created specifically to work with large datasets.Understand and use the What-If Analysis toolkit which includes the Scenario Manager, Goal Seek, and Data Table functions.Use the Analysis ToolPak to calculate basic statistical concepts such as correlation and covariance.Explain the evolution and impact of AI in finance.Design financial statements using Syft Analytics and create polished proposals and presentations using Tome.Simplify accounting processes with SaasAnt Transactions.Utilize AI for advanced spreadsheet functions and problem-solving.Set up and customize chart of accounts using ChatGPT.Optimize inventory management with ChatGPT tools and utilize ChatGPT for efficient tax compliance and planning.Automate accounts receivable and payable processes with ChatGPT.Conduct AI-powered audit planning and risk assessments.Integrate ChatGPT to create and project financial statements efficiently.Build and analyze common size income statements using AI for better insights.Automate financial ratio calculations and improve analysis with ChatGPT.Use ChatGPT to perform scenario analysis and sensitivity testing for forecasts.Apply AI to advanced financial modelling techniques like Altman’s Z-score and DuPont analysis. **This bundle includes practice exercises, downloadable files, and LIFETIME access**Welcome to the Accounting and Finance Business Productivity Bundle, a meticulously curated collection designed to elevate your understanding and application of financial modeling, data analysis, and artificial intelligence integration.

This amazing-value seven-course bundle gets you full access to courses on financial forecasting, risk management, Excel data analysis, and AI to help boost your accounting and business productivity.The only prerequisites to these courses are a basic understanding of finance and accounting, access to the applications used and taught in this bundle, and an eagerness to learn.What's included?The Accountants Excel ToolkitNavigate and format data in Excel efficiently and grasp Excel formulas and functions.Import and deduplicate files using advanced functions like XLOOKUP.Understand accounting principles and the accounting cycle.Understand the fundamentals of assets, expenses, liabilities, and income.Record journal entries for assets, expenses, income, and liabilities.Link accounts in QuickBooks Online, ensuring consistently updated records.Prepare a trial balance and pass adjusting entries at the end of an accounting period.Develop an insightful overview of financial statements.Decode a company's financial health through various ratio analyses.Efficiently reconcile accounts using both Excel and QuickBooks Online.Financial Forecasting and ModelingThe basics of financial modeling and forecasting using ExcelThe purpose of financial forecastingHow to build a sound financial modelThe role of forecasting in strategic planningHow to go through the three financial statements (balance sheet, income statement, and cash flow statement)How to define your forecasting objectivesIdentifying key variables and driversAnalyzing financial forecasts using ratio analysisFuture trends in forecasting.Financial Risk ManagementDistinguish between risk, uncertainty, and randomnessDistinguish between risk management and risk measurementUnderstand the importance of risk governanceDescribe risk budgeting and understand its role in risk governanceRealize the importance of managing people, processes, technology, and organizational structure for effective risk managementRecognize the difference between idiosyncratic and systematic risksDefine, classify, and distinguish between financial risksIdentify and understand the principles of credit, foreign exchange, interest rate, and operational riskRecognize probability, standard deviation, Value-at-Risk (VaR), and scenario analysis/stress testing as risk measurement metricsDistinguish between risk prevention and avoidanceDefine and apply the concepts of self-insurance, risk shifting, and risk transferRealize insurance as a way to transfer risksRecognize outsourcing and derivatives as two ways of shifting risk.Data Analysis with ExcelDescribe the fundamentals of Excel spreadsheets, from their layout to the applicationsView, enter, and format data types in ExcelUnderstand and apply Excel formulas and functionsImport file data and remove duplicatesIdentify data attributesSort data and apply filters, including advanced filtering techniquesApply Concatenation and Sum-if formulas to analyze data setsCreate problem statements to tackle complicated “or” criteriaCreate Pivot tables and chartsWork with Excel charts, including clustered columns, line graphs, and waterfallsUtilize database functions created specifically to work with large datasetsApply techniques to recognize and avoid formula errorsUnderstand and use the What-If Analysis toolkit which includes the Scenario Manager, Goal Seek, and Data Table FunctionsUse the Analysis ToolPak to calculate basic statistical concepts such as correlation and covarianceCompute descriptive statistics and moving averages and apply exponential smoothing techniquesUtilize rank and percentile options and generate histograms.AI in Action:

Transforming Financial OperationsExplain the evolution and impact of AI in finance.Set up accounts and entities in Syft Analytics.Design financial statements using Syft Analytics.Create polished proposals and presentations using Tome.Simplify accounting processes with SaasAnt Transactions.Utilize AI for advanced spreadsheet functions and problem-solving.Using ChatGPT to Increase Accounting ProductivityExplain the benefits of ChatGPT in accounting.Set up and customize chart of accounts using ChatGPT.Optimize inventory management with ChatGPT tools.Utilize ChatGPT for efficient tax compliance and planning.Automate accounts receivable and payable processes with ChatGPT.Conduct AI-powered audit planning and risk assessments.Financial Modelling with Generative AIUnderstand the fundamentals of financial statements.Integrate ChatGPT to create and project financial statements efficiently.Build and analyze common size income statements using AI for better insights.Automate financial ratio calculations and improve analysis with ChatGPT.Create real-time financial dashboards for data visualization and reporting.Use ChatGPT to perform scenario analysis and sensitivity testing for forecasts.Apply AI to advanced financial modelling techniques like Altman’s Z-score and DuPont analysis.This course bundle includes:

24+ hours of video tutorials200+ individual video lecturesCourse and exercise files to follow alongCertificate of completion

Syllabus

• Introduction to Accounting and Finance
Overview of Accounting and Finance
Importance of Financial Literacy
Key Concepts and Terminology
• Accounting Principles and Practices
Double-Entry Bookkeeping
Financial Statements: Balance Sheet, Income Statement, Cash Flow Statement
Accrual vs. Cash Basis Accounting
• Financial Analysis and Interpretation
Ratio Analysis: Liquidity, Profitability, and Solvency Ratios
Trend Analysis and Comparative Financial Statements
Understanding Financial Ratios
• Budgeting and Forecasting
Creating and Managing Budgets
Forecasting Techniques
Variance Analysis and its Importance
• Cost Accounting and Management Accounting
Cost-Volume-Profit Analysis
Activity-Based Costing
Budgetary Control and Performance Evaluation
• Investment Appraisal and Decision Making
Time Value of Money: NPV and IRR
Capital Budgeting Techniques
Risk and Return Analysis
• Taxation Basics and Implications
Overview of Business Taxation
Understanding Tax Compliance
Impact of Taxes on Financial Decision Making
• Financial Software Tools
Introduction to Accounting Software (e.g., QuickBooks, Excel)
Using Software for Financial Reporting
Automating Business Finance Functions
• Practice Exercises and Case Studies
Real-world Business Scenarios
Financial Reporting Case Studies
Investment Decision Exercises
• Lifetime Access and Course Resources
Downloadable Files and Templates
Access to Course Updates
Community and Support Channels

Taught by

Simon Sez IT

Subjects

Business