Decision-Making and Scenarios - Introduction to Financial Statements

Decision-Making and Scenarios Module 3 Expressing Business Strategies in Financial Terms To get certificate subscribe at: https://www.coursera.org/learn/wharton-quantitative-modeling/home/welcome ============================ Decision-Making and Scenarios https://www.youtube.com/playlist?list=PL2jykFOD1AWZShxCP4n6cmWJulFlHfXX0 ============================ Youtube channel: https://www.youtube.com/user/intrigano ============================ https://scsa.ge/en/online-courses/ https://www.facebook.com/cyberassociation/ Decision-Making and Scenarios About this course: This course is designed to show you how use quantitative models to transform data into better business decisions. You’ll learn both how to use models to facilitate decision-making and also how to structure decision-making for optimum results. Two of Wharton’s most acclaimed professors will show you the step-by-step processes of modeling common business and financial scenarios, so you can significantly improve your ability to structure complex problems and derive useful insights about alternatives. Once you’ve created models of existing realities, possible risks, and alternative scenarios, you can determine the best solution for your business or enterprise, using the decision-making tools and techniques you’ve learned in this course. Module 3 Expressing Business Strategies in Financial Terms This module was designed to give you the opportunity to learn how business activities, transactions and events are translated into financial statements, including balance sheets, income statements, and cash flow statements. You'll also learn how these three statements are linked to each other, and how balance sheets and income statements can help forecast the future cash flow statements. By the end of this module, you'll be able to explain how accounting systems translate business activities into financial terms, and how to use this to better forecast future cash flows, so that you can express your business strategies in these financial terms, and show "the bottom line" for your proposed plan of action.