Using Ratio Analysis to Evaluate Financial Performance

Description

Success in business depends first on an organization’s ability to analyze its financial standing. By carefully analyzing financial performance, an organization can identify opportunities and make adjustments to improve performance at the department, unit, or organizational level.

In this course, you will learn to use several ratio-analysis instruments to assess financial performance so that the organization can then design and implement initiatives for increased productivity and profitability.

Who Should Enroll in This Course?

This course is valuable to all professionals who work in financial reporting and data analysis.

Requirements

Participants in this course need one of the following financial calculators:

• Hewlett-Packard 12C
• Texas Instruments BA II Plus

Both are available for purchase directly from Amazon.com.

Enrollment

To register, contact an Enrollment Counselor at info@ecornell.com or 1-866-326-7635 (+1-607-330-3200 from outside the United States).

Certificate programs are eligible for eCornell Payment Plans. Discounts are available for military personnel, veterans, and Cornell University Alumni. eCornell programs are not eligible for financial aid or federal Pell Grants. Contact an enrollment counselor for more information.

Certificate Information

This course can be applied toward the following certificates:
 

• Financial Management
• Hospitality Management
• Master Certificate in Hospitality Management
• Master Certificate in Hospitality Management
• Master Certificate in Foodservice Management

CEUs

HRCI Recertification

This program, <~CODE~>, has been approved for six (6) Strategic Management recertification credit hours toward SPHR and GPHR recertification and six (6) recertification credit hours toward PHR, SPHR, and GPHR recertification through the Human Resource Certification Institute. Please contact the Human Resource Certificate Institute (HRCI) for further information about certification or recertification.

Project Management Institute Professional Development Units

This course qualifies for 6.75 Professional Development Units (PDUs) from the Project Management Institute (PMI) for Professional Project Managers (PMPs) seeking ongoing education and professional development for continuing certification. eCornell is a Global Registered Education Provider of PMI. PDUs are designated as Category 3.

Additional Information

Course Format

eCornell takes a problem-based approach to learning, and builds each course around realistic case studies and scenarios. All courses are self-paced, and are facilitated by an eCornell instructor, who leads the online discussions and is available to answer any questions about the course content.

This course contains the following modules:

• Asset Management Ratios
  • Introduction to Ratio Analysis
  • Working Capital Ratios
  • Turnover Ratios

• Solvency and Capital Structure Ratios
  • Liquidity Ratios
  • Coverage Ratios
  • Leverage Ratios
• Profitability Ratios and DuPont Analysis
  • Margin Ratios
  • Return on Assets and Equity Ratios and the DuPont System

Benefits to the Learner

After completing this course, participants will be able to:

• Use ratio analysis to identify areas of strong financial performance and those that need improvement
• Accurately assess the financial performance of a department, unit, or organization relative to its competitors or to its own past performance

Authoring Faculty

Steven Carvell, Ph.D., Associate Professor and Associate Dean for Academic Affairs

Scott Gibson, Ph.D., Assistant Professor

Sponsoring School

Cornell University's School of Hotel Administration

Total Learning Time

Approximately 5-6 hours over a period of 2 weeks

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