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Apr 15, 2024
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2022-2023 Yavapai College Catalog [PREVIOUS CATALOG YEAR]
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MGT 183 - Managing Business Finances
Description: Creating and maintaining budgets for a successful business venture. Emphasis on financial planning to guide, track performance and provide data to monitor and adjust business objectives. Includes the development and interpretation of financial statement information to assist in making better financial decisions for positive business operations.
Credits: 3
Lecture: 3
Lab: 0
Course Content:
- Budget methods
- Pro forma statements
- Cash flow statements
- Balance sheet
- Profit/Loss statement
- Data analysis
- Financial ratio analysis
- Benchmarking
- Break-even analysis
Learning Outcomes:
- Define business finance terminology. (1)
- Examine key elements of financial planning. (1-6)
- Create a business budget. (1-4)
- Analyze financial statements and reports. (7,8)
- Identify opportunities to improve profitability. (8,9)
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