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Financial Intelligence
By learning how to read and interpret a few basic financial instruments, you can recognize opportunities to increase revenue and shave expenses, thus increasing your value to the organization.
Course Category: Self-Study Courses, Leadership Development
Course Level: Basic
CLE Credit: Non-substantive
CLE Hours: 1.0
Fees: $45 for Members and $65 for Non-members
Prerequisite: We recommend that you take the Leadership Basics course prior to taking this course.
Description: How do you know if your department is doing well? What about your organization? More importantly, how can you contribute to the financial success of your department and your organization? The answer is by gathering, interpreting, and evaluating the financial data of your organization.
In today’s economy, organizations are doing more with less. They’re demanding more productivity from every employee and looking for every possible measure to improve the bottom line. And they’re expecting their employees to monitor and drive this process themselves.
Most business professionals offer special skills to their employers, and most of these skills are NOT related to accounting and finance. However, a basic working knowledge of financial statements and calculations is necessary to make sound decisions about all aspects of a business.
Financial statements and instruments reveal important information about your organization’s financial health by highlighting areas where your organization performs well and areas where there are opportunities for improvement. By learning how to read and interpret a few basic financial instruments, you can recognize opportunities to increase revenue and shave expenses, thus increasing your value to the organization.
By improving your financial know-how, you’ll empower yourself in many ways. You’ll know how to justify requests and translate performance into financial terms. You’ll be able to quantify your department’s contribution to the organization—and your own. You’ll communicate more effectively with your boss, upper management, shareholders, and other stakeholders about the financial results you have achieved and those you plan to deliver.
After completing this course, you should be able to:
– Identify the advantages of analyzing financial information.
– Understand the purpose and benefits of budgets.
– Differentiate among various financial instruments.
– Conduct horizontal and vertical analyses using your organization’s financial information.
– Recognize which ratios are most important to your organization.
Course Year: 2018
Self-Study Instructions
Access Period
After you purchase a self-study course you will receive an enrollment email. If you do not receive an enrollment email please check your spam and make sure you add noreply@myabsorb.com to your safe senders list.
To access course materials after enrollment please click on “My Courses” then “Self-Study” at nala.education.
Self-Study courses expire after 1 year.
Courses are priced for individual use and consumption and are not intended for rebroadcast and sharing.
Refunds or Cancellations
No cancellations or refunds are provided.
Self-Study FAQs
If available, you may use the print function from your browser to print the material. This is copyrighted material and any distribution is strictly prohibited. Not all self-study courses have printable material.
No, a textbook is either included or not necessary for the self-study courses.
No, the courses are designed as continuing education courses and may qualify as meeting continuing education requirements for professional certifications and attorney licenses. In addition, the courses may be used in the classroom to supplement formal training. However, the courses are not designed to take the place of formal paralegal training as may be available through a community college or university.