The fundamentals of Finance that all managers must understand to be taken serious.
Executives take for granted that you understand the fundamentals of finance. The people doing the talking presume that you speak the language, that you can read the financial statements, and that you can use basic financial tools to make decisions. But can you?
What if you’re not sure of the difference between an income statement and a balance sheet, or between profit and a positive cash flow? What if you can’t define inventory days or days of sales outstanding, and you don’t know how to use those numbers to improve financial performance?
If questions like these make you sweat, you’ve come to the right place. This guide will give you the tools and confidence you need to master finance basics, as all good managers must. You’ll learn how to:
The truth is that many managers and executives score poorly on this short test. With the vast majority scoring 50% or less - a failing score in most schools.
We start with this 10-question quiz, and although it isn’t designed to measure your entire financial IQ, it will give you a sense of the fundamentals you should learn to become a more effective manager. When you finished, you’ll have a better idea of your current knowledge.
What you will learn About This Class: This course will give you the tools and confidence you need to master finance basics, as all good managers must.
You’ll learn how to:
This Financial Foundation Course has been designed to enable greatly improve your financial intelligence.
How will this help you?
Sustainability / Decarbonisation / Project Management
Decarbonization, Sustainability, ESG, Green and Healthy Buildings. Understanding these concepts is essential for businesses as it addresses the urgent need to combat climate change and reduce greenhouse gas emissions. It also presents opportunities for innovation and cost savings while positioning companies as socially and environmentally responsible. A common misunderstanding in sustainability is that it is only about being "green" or environmentally focused, when in fact it also includes social and economic factors. Additionally, many believe that sustainability only applies to certain industries, when it should be integrated into all aspects of business operations. In my professional career, I have helped many companies to make progress towards their Sustainability goals. I have worked with global companies as L'Oreal, Mastercard, Petronas, Osram, Novartis, Grand Hyatt, Hard Rock Hotel, Westin Hotel to help to get their building certified under LEED. I also worked with Financial Institutions to provide roadmaps on how they can decarbonise globally. With 15 years of experience, I am have become a subject matter expert on this topic with all the credentials you would expect (LEED AP, WELL AP, FITWEL Ambassador, RESET AP) I have seen first hand that many successful and intelligent people still have a lack in understanding of the key concepts surrounding decarbonisation, Sustainability, ESG and Green Buildings. . This can lead to inadequate action to reduce them, resulting in continued harm to the environment and potential long-term consequences. It also hinders the ability of businesses and governments to make informed decisions to transition towards a sustainable future. I am passionate to help you become a person that is educated in one of todays defining topics. All of my courses are focused on Sustainability, Green Buildings, and Decarbonisation and will directly help you to become knowledgable.
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.
