Accounting as a Language

Without a working knowledge of finance and accounting you cannot understand an organization and how it works. Unfortunately, many people have no idea about the financial health of a business because they are limited to observing the physical actions associated with businesses such as the movements of employees, product shipments, and customer engagement. These may be important, but they are no substitute for a fundamental knowledge of finance and accounting. People limited to these superficial observations are often shocked when businesses shut down or run out of money. Appearances often do not show that the organization is running efficiently and producing benefits that outweigh the costs of its operations. This course will teach you how to look at the financial health of an organization. Finance and accounting reveal whether an organization is profitable, operating sustainably, or whether it will not be able to fund itself. This knowledge can also help you make more well-informed decisions intended to make organizations stronger.