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Courses/Business/NASBA - Business Management & Organization

Business Environmental Analysis: Finance's Role

Financial information to gather and assess from your business environment for planning and operations

Created byRob Stephens
4.9
(114 reviews)
BeginnerUpdated Apr 30, 2024
Business Environmental Analysis: Finance's Role

What You'll Learn

check_circleRecognize models used in business environmental analysis
check_circleRecall how to perform common-size financial analysis
check_circleIdentify sources of environmental information

About This Course

Business environmental monitoring gathers internal and external data that could affect a company. Business leaders and financial analysts can examine that data to identify implications for their company and develop strategies for those implications. These strategies often mitigate threats or capture opportunities. Companies that better understand their business environment can anticipate and plan for changes, build more accurate financial projections, and allocate resources more effectively.

 This course focuses on Finance's role in environmental analysis. You'll learn the types of data that should be monitored by Finance. The course then explains popular models for analyzing that data.

 You'll learn:

·         The steps in the environmental monitoring cycle

·         The basics and uses of common-size analysis in environmental monitoring

·         What to analyze: both internal and external, and from the industry level to the customer level

·         Sources of financial business environment information

·         Models to organize and synthesize environmental information for planning and decision-making

This course is useful for business leaders and financial staff who are involved in any of these processes:

·         Strategic planning

·         Budgeting, financial projects, and financial modeling

·         Identifying best practices and benchmarks

·         Product and customer profitability analysis

·         Mergers and acquisitions

·         Tax planning

·         Setting owners' distributions or dividends

Your Instructor

Rob Stephens
Rob Stephens

Founder of CFO Perspective

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star4,787 reviews

Rob Stephens is the Founder of CFO Perspective, which provides continuing education courses for CPAs and financial management courses for business advisors and staff. He has been quoted in Forbes, U.S. News and World Report, Bloomberg Businessweek, and many other news sources. He is also the author of Key Performance Indicators and KPI Dashboards. Rob has a 30-year career that includes serving as a CFO, Director of Operations, and SVP of Finance. Rob is an adjunct instructor for the MBA program at Gonzaga University. Rob holds a Masters of Science in Personal Financial Planning and a Graduate Certificate in Financial Therapy from Kansas State University. He received a B.A. in Business Administration from the University of Washington.

Credit Information

Do these courses count toward my professional development requirements?

This portal is provided as a training and development resource for City of Markham employees. Every course is delivered by a qualified subject matter expert or learning organization, is quantifiable in hours, and is verifiable — you receive a documented certificate of completion for every course you finish, stored on LearnFormula indefinitely.

If you hold a professional designation (for example in engineering, accounting, human resources, or law), courses may be counted as professionally relevant, verifiable learning activities toward your continuing professional development. Individual practitioners are responsible for confirming that an activity meets the requirements of their professional body. For questions about the City of Markham's training and development policies, please speak with your people leader or Human Resources.

What Students Are Saying

4.9
Student's Choice
114 reviews

Frequently Asked Questions

We are a registered provider with 327+ associations and regulatory bodies worldwide. We operate across 29 global markets including Canada, the US, Australia, and the UK. Every course page clearly displays its specific accreditations. Upon completion, you receive a professional certificate that can be validated online. Our certificates include all necessary accreditation details, credit hours, and completion dates, and are formatted specifically to meet the submission requirements of most global regulatory bodies.