Financial KPIs – Measuring Performance
Duration20'
No. of mini-lessons9
ResourcesWorkbook
Duration 20'
No. of mini-lessons 9
Resources Workbook
Course overview
It might not be their favorite part of the job, but every business owner, manager, and team leader needs to monitor the financial performance of their business or department. Immediate assessments can be made using Key Performance Indicators (or KPIs). A financial KPI is a measurable value that provides an insight into a business’s finances with regard to sales, expenses, profit, cash flow, or any other metric.
Making sense of financial statements and reports can seem difficult at first, but once your managers are familiar with financial KPIs and how to apply financial ratios to the raw data, they’ll find it much easier to track the performance of your business or department. This course will explain how some of the most important financial KPIs are calculated, and what the results can tell your teams about the business’s profitability, solvency, efficiency, and valuation.
What's covered
The equations for some common financial KPIs
How to measure business performance by using financial KPIs
How to evaluate your corporate financial statements using financial KPIs
Why your teams need this course
Running any business or department involves some number crunching. Your managers need to understand the basics of accounting to keep your books in order and to analyze financial statements and reports. When they know how to use financial KPIs, they’ll be better equipped to monitor the financial health and performance of your company, division, or team – and determine whether you’re on the right track.
Accredited by CPD
TalentLibrary is recognized as reaching the standards and benchmarks required by the Continuing Professional Development (CPD) Certification Service.
The CPD Certification Service is the world’s leading and largest independent accreditation organization for professional development courses across all industry sectors.
