Using Ratio Analysis to Evaluate Financial Performance
Course ID: HAME514Use ratio analysis to analyze financial statements. Understand your organization’s financial performance and improve its competitiveness.
Description
The ability of an organization to analyze its financial position is essential for improving its competitive position in the marketplace. Through a careful analysis of its financial performance, the organization can identify opportunities to improve performance at the department, unit, or organizational level.
In this course, participants will learn to use several ratio analysis instruments to achieve a comprehensive understanding of a firm's financial performance. The course then addresses how this financial health information can be used as a foundation upon which to design and implement initiatives for increased productivity and profitability.
Who Should Take This Course?
This course is necessary for all professionals who deal with financial reports and need to understand how the data can be analyzed to accurately assess their organization's financial strength.Certificate Information
This course can be applied toward the following certificate:Course Format
eCornell takes a problem-based approach to learning, and builds each course around realistic case studies and scenarios. All courses are self-paced, and are facilitated by an eCornell instructor, who leads the online discussions and is available to answer any questions about the course content.
This course contains the following modules:
- Asset Management Ratios
- Introduction to Ratio Analysis
- Working Capital Ratios
- Turnover Ratios
- Solvency and Capital Structure Ratios
- Liquidity Ratios
- Coverage Ratios
- Leverage Ratios
- Profitability Ratios and DuPont Analysis
- Margin Ratios
- Return on Assets and Equity Ratios and the DuPont System
Benefits to the Learner
After completing this course, participants will be able to:
- Use ratio analysis to identify areas of strong financial performance and those that need improvement
- Accurately assess the financial performance of a department, unit, or organization relative to its competitors or to its own past performance
Authoring Faculty
Steven Carvell, Ph.D., Associate Professor and Associate Dean for Academic Affairs
Scott Gibson, Ph.D., Assistant Professor
Sponsoring School
Cornell University's School of Hotel AdministrationTotal Learning Time
Approximately five to six hours over a period of two weeks.Requirements
Participants in this course need one of the following financial calculators:
Both are available for purchase directly from Amazon.com.
Enrollment
Price: $699.00(This price is good as of 09/02/2010.)
To register, click 'Enroll Now' at right, or contact an Enrollment Counselor at info@ecornell.com or 1-866-326-7635 (+1-607-330-3200 from outside the United States).
Certificate programs are eligible for eCornell Payment Plans. Discounts are available for military personnel, veterans, and Cornell University Alumni. eCornell programs are not eligible for financial aid or federal Pell Grants. Contact an enrollment counselor for more information.
October 13, 2010
October 27, 2010
Click 'Enroll Now' to see available dates beyond October 27, 2010.
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- Making Capital Investment Decisions
- Understanding Financial Statements
HRCI Recertification
Project Management Institute Professional Development Units
This course qualifies for 6.75 Professional Development Units (PDUs) from the Project Management Institute (PMI) for Professional Project Managers (PMPs) seeking ongoing education and professional development for continuing certification. eCornell is a Global Registered Education Provider of PMI. PDUs are designated as Category 3.
Technical Requirements
With all eCornell courses, access is easy. Participants only need a computer and an Internet connection. To view specific technology requirements, visit our Technology Requirements page.
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