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Leila Gharani – Fundamentals of Financial Analysis

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Leila Gharani – Fundamentals of Financial Analysis

Leila Gharani - Fundamentals of Financial Analysis

Whether you’re a newbie or a seasoned MBA, you’ll FINALLY “get” the big picture

When you can speak the language of Finance, you give yourself an unfair advantage in your career.

It’s an advantage that can lead to confidence, praise, and promotions.

This comprehensive course from Leila Gharani will equip you with these critical skills – even if you’ve never taken a single finance or accounting class.

 

Whether you’re a complete newbie or a seasoned MBA …

When you read financial statements AND provide recommendations, you give yourself an unfair advantage in the workplace.

It’s an advantage that can lead to confidence, praise, and promotions.

It doesn’t matter if you’ve never had formal training and you think you’re unqualified to analyze financial statements.

It doesn’t matter whether you’re working for an employer, run your own business, or you’re an investor.

It doesn’t matter if you’re a CPA or a finance professional who’s been at this for decades.

Upping your game when it comes to analyzing finances is a critical skill. When you not only understand how money is created, how it flows, and how it multiplies, but can also give recommendations… you give yourself one of the most valuable – and lucrative — skills in the world.

 

Imagine Any Goal You Want To Achieve

For example …

  • Getting a job as a financial analyst
  • Moving up the corporate ladder
  • Deciding on an investment opportunity
  • Negotiating a loan
  • Finding new opportunities for your clients (and landing betters ones)
  • Starting your own business

If you can’t look at a financial statement and immediately get the story it’s trying to tell you, the likelihood you’ll achieve any of these goals is far too low.

Here at XelPlus, we refuse to let any of our students pursue these goals so ill-equipped.

But what if things were different? What if you could read a financial statement with the same ease you read a menu at your local restaurant?

What if you could not only see the numbers, but understand the story they’re trying to tell you?

Do you think your chances of achieve any these goals will improve?

Of course they will.

When you speak the language of finance, doors open.

Here’s the thing: 

Anybody can learn to read and analyze financial statements. So then why do so many people struggle in this area?

It’s typically because they’re held back by one of these common myths:

3 Common Myths about Financial Analysis

Myth #1: “I’m Not Qualified”

The nice thing about money is that it doesn’t care about your background. If you hold a paper bill in your hand, it doesn’t care where you were born, where you went to school, or how much training you’ve had.

All that matters is the decision you make about where to spend (or not spend) that dollar.

If you look at your company’s P&L and discover an urgent problem, do you think your boss will care about your college degree?

Do you need a finance degree to warn your friend that their hot new stock tip is a bad idea?

You don’t need to have the right qualifications or a special diploma to make better decisions about money. It’s about understanding and interpreting the numbers.

Myth #2: “I Don’t Work In The Finance Department”

It’s a myth that you must work in finance to study financial analysis.

Here at XelPlus, my online training company, we attract students from all different professions.

Our ranks are full of:

  • Engineers
  • Lawyers
  • Administrators
  • Researchers
  • Military personnel
  • Software developers
  • HR professionals
  • Management consultants

The list goes on and on.

And yes, we have the “usual suspects” of accountants, controllers, financial analysts, and CFO’s in our student roster, too.

But what does each of these students have in common? For each of them, understanding finances is critical to their career growth.

It’s hard to think of a profession where you wouldn’t benefit from being more financially savvy.

Myth #3: “There’s Nothing New For Me To Learn”

Be careful because this is a dangerous mindset to adopt. Trust me, I’ve been there before.

After achieving my master’s degree in economics, there were times when I got comfortable. There were times when I stopped pushing myself to learn more. When I failed to explore the unknown.

Each time, I was reminded – often harshly – of how much I have yet to learn. Even though I run an Excel-based YouTube channel with over 2 million subscribers, I still push myself to learn more. Learning never ends.

Maybe you’re reading this message as a seasoned financial pro. You’ve put in the years and already understand more about finance than 99% of the population.

I’m not going to pretend every module in our new course will be a revelation to you. Much of it will be old material you grasped long ago.

But no matter our skillset, isn’t it wise to occasionally go back and review its basics? Isn’t it likely there were one or two things you missed?

Plus, the tools are always getting better. I’m willing to bet we’ve found some nifty Excel tricks you haven’t yet discovered.

Remember, there is always more to learn. And you never know what even a single new insight will unlock.

 

This Course Is Specifically Designed To Help You Analyze Financial Statements Like a Pro

(Even if You’re Not One)

This new (and highly-awaited) course from XelPlus, called Fundamentals of Financial Analysis, will give you the skills needed to reach the next level in your career.

This no-fluff, easy-to-follow online course will help you:

  • Develop X-Ray vision into your company’s finances, allowing you to see what’s going on behind the scenes
  • Spot oncoming financial emergencies before they happen
  • Predict where your company will be months and even years down the road
  • Use ratios to quickly gauge the health of your company
  • Decide whether to say “yes” or “no” to that new investment opportunity
  • Speak with your higher-ups about finances, impressing them with your fluency (they may even begin asking you questions)
  • Better manage your household finances, leaving you with more money for savings (and fun vacations)

It doesn’t matter if you’ve never read a book or taken a class on finance.

This new course will make you more fluent and more capable in one of our society’s most important arenas – the area of finance & money.

 

Which Skill Do You Want To Learn Most?

In the list below, you’ll find some of the most useful finance skills.

If these aren’t yet old habit, you’ll be surprised at how quickly you master them when you follow our course’s over-the-shoulder, step-by-step tutorials.

  • How to reconcile the flow of financial transactions from journal entries to a trial balance
  • How to create and read the main financial statements and how they link
  • How to calculate metrics and ratios to judge financial performance
  • How to improve cash flow by managing your working capital
  • How to prepare Excel so you spend less time doing setup and more time gathering insights
  • How to apply theoretical time value of money concepts to real world projects so you make better decisions
  • Proven techniques for preparing sound forecasts and budgets

But that’s only a taste of what’s included. You can see the entire curriculum below:

Here’s a Glimpse of Your Learning Path

You can view the detailed curriculum below. Select “See a full outline” to see the list of lectures.

See anything that jumps out? Which lesson do you think you’d begin with?

 

Section 1: Introduction

Welcome to Financial Analysis Course

 

Download Course Material

Section 2: Financial Analysis Overview

What is Financial Analysis

 

Skills Needed for a Financial Analyst

Career Trajectory of a Financial Analyst

Section 3: Accounting – The Core Principles

What is Accounting and Why Do You Need it

 

Debits and Credits – The Secret to Remembering Which to Use

Challenge: Debits and Credits

T-Accounts

Journal Entries

Trial Balance

Types of Financial Statements

Quiz: Accounting Basics

Key Takeaways: Core Principles

Section 4: Accounting Case Study – Accounting for a Beach Business

Accounting for a Beach Business – Getting Started

Accounting for a Beach Business – Journal Entries

Accounting for a Beach Business – Trial Balance

Accounting for a Beach Business – Financial Statements

Accounting for a Beach Business – What Happens Next Year

Section 5: Accounting – Essential Concepts

Cash VS Accrual Accounting

Depreciation – Basics

Depreciation – Example

Inventory and COGS

Inventory Cost Flow Assumptions

Quiz: Accounting Essentials

Key Takeaways: Essentials

Section 6: Financial Statements – Income Statement

Main Purpose and Components

Format of Income Statements

How to Read an Income Statement: Case Study – Microsoft

Constructing an Income Statement

Quiz: Income Statement

Section 7: Financial Statements – Balance Sheet

Assets – Definition

Assets – Types

Types of Liabilities

Equity

How to Read a Balance Sheet: Case Study – Microsoft

Constructing a Balance Sheet

Quiz: Balance Sheet

Section 8: Financial Statements – Cash Flow Statement

How to Read a Cash Flow Statement: Case Study – Microsoft

Cash Flow Operating: Direct VS Indirect Method

Constructing a Cash Flow Statement

Quiz: Cash Flow Statement

Section 9: Financial Statement Analysis

Important Ratios to Analyze Financial Statements

Calculating Growth

Horizontal vs. Vertical Analysis

Compound Annual Growth Rate (CAGR) Vs. AAGR

Quiz: Financial Statement Analysis

Section 10: Time to Test Your Knowledge

Congratulations – What You’ve Achieved so Far

Quiz: Test Your Knowledge

Challenge: Financial Statements

Section 11: Necessary Excel Functions for Financial Analysts

Most Common Excel Functions for Financial Analysis

TRIM Function

Median VS Mean Calculation

Common Date Functions

Calculating Working Days & Future Dates

Combine Text & Numbers

Excel SUMPRODUCT Function (Skip extra Calculations)

Challenge: Excel Functions

Key Takeaways: Necessary Excel Functions

Section 12: Important Excel Features for Financial Analysts

Goal Seek

Showing Numbers in Millions / Thousands

Tips for Proper Datasets (Good Functionality, Good Looks)

Advantages of Excel Tables

Conditional Formatting – Top / Bottom Analysis

Challenge: Excel Features

Key Takeaways – Important Excel Features

Section 13: Master Pivot Tables for Financial Analysis

Pivot Tables for Quick Data Analysis

Calculate Percentages & Change Aggregation in Pivot Tables

GetPivotData Function in Excel

Slicers in Pivot Tables to Create Dashboards

Working with Dates in Pivot Tables

Challenge: Pivot Tables

Create a Pivot Table from Multiple Sheets

Key Takeaways: Pivot Tables

Section 14: Common Charts & Graphs for Financial Analysis

Line Chart in Excel

Column Chart & Stacked Column Chart

Plotting Multiple Series (Line & Column Chart in One)

Charts in Cells – Sparklines in Excel

Waterfall / Bridge Chart in Excel

Pie Chart & Doughnut Chart in Excel

Pareto Chart

Challenge: Excel Charts

Section 15: Working Capital Management

Overview

Receivables

Inventory

Payables

Challenge: Working Capital

Quiz: Working Capital

Key Takeaways: Working Capital

Section 16: The Time Value of Money

The Time Value of Money Explained

Understanding Discounted Cash Flows (DCF)

Net Present Value (NPV)

Internal Rate of Return (IRR)

Calculating Payback Period with Varying Cash Flows

Weighted Average Cost of Capital (WACC)

Quiz: Time Value of Money

Key Takeaways: Time Value of Money

Section 17: Financial Leverage

Why Companies Take on Debt

Annuities (PMT)

Calculating Periods to Payback (NPER)

Calculating a Complete Loan Schedule

Calculate Interest Rate for a Loan

Challenge: Debt

Quiz: Financial Leverage

Section 18: Financial Forecasting

Simple Moving Average

Weighted Moving Average

Exponential Triple Smoothing

Allocating Yearly Values to Months

Variance and Standard Deviation

Regression Equation & Relationship between Variables

Regression Analysis

Quiz: Forecasting

Next Steps

Wrapping up & What You’ve Achieved

BONUS: Mini Course – Power Query for Financial Analysts

Will I Need Power Query?

Properly Structure Data in Seconds

Merge Pivot Table Report with Other Tables

Case Study: Import Messy SAP Data Extract into Excel

Pivot Table from Messy Data

Combine Data from Multiple Sheets into ONE Pivot Table

Import Data from PDF (Office 365)

The Power of Power Query

 

⏫ Beam Me Up, Scotty!
Jump into the Topic You Need – Fast

As a Star Trek fan, I was always in awe of the transporter technology.

It blew my mind how Captain Kirk could locate a spot on a nearby planet, then instantly transport his team to that exact location.

I want your experience inside our new course to be just as instantaneous.

Thanks to a new tool we created here in our XelPlus “laboratory,” now, when you want to find a topic, you can do so instantly.

We’ve gone through every second of every lesson and pulled out the key words & topics. Then, we created an interactive agenda which allows you to quickly locate exactly what you’re looking for.

Once you find your topic, it’s simply a matter of saying “Beam me up!” (not actually required). Click the link and you’ll instantly be transported to the correct lesson and timestamp.

No more wasting hours searching. Find what you need, then get back to work.

 

Save Time with These Cheat Sheets

Your workday moves fast. Sometimes you don’t even have a minute to spare.

That’s why you’ll love these brand new cheat sheets.

Keep these right beside you at your desk. They may even get more use than your smartphone.

 

Ask Yourself …

What would even a small improvement in your financial skills be worth over your next five, ten, even twenty years?

How much would having a financial leg up mean for your career?

No, you don’t need to get an MBA and spend $100,000 to learn the most valuable financial analysis skills.

You can learn them from the comfort of your own home. Best of all, you can learn them for a one-time investment of only $179 (excl. taxes).

You’ll get:

  • The confidence and rewards that come from being financially savvy
  • Access to our entire 18-module course
  • Lifetime access, so you’re never in a rush to complete a lesson
  • The “Beam Me Up Scotty” topic transporter to quickly find what you need
  • Our collection of financial analysis cheat sheets to keep at your desk
  • Workbooks to help you work through the problems in the videos
  • A comment section to get your questions answered by our staff (how awesome is that?)
  • Credits for CPD
  • English Captions so you can easily follow along each video
  • Quizzes to track how well you understand the concepts
  • Challenges to test your financial brain (move over, Lumosity)
  • The bonus mini-course on Power Query to combine and clean data with ease

You have everything in that list for just $179 (excluding taxes). And again, you never lose access. You can see what a great deal this is.

Ready to take advantage? Click the button below and enroll now.

You can be watching the first lesson in less than five minutes.

 

? Is This Course Right For Me?

Most of our students fall into one of these categories:

Ambitious Beginners

Is your dream to start a career in corporate finance or the financial services industry? Whether you’re a newbie to finance or at the beginning of your career, Fundamentals in Financial Analysis will make sure you get started the right way.

Established Professionals

If you’re ready to deepen your financial knowhow, master new Excel techniques, and advance on the career path, Fundamentals in Financial Analysis will teach you how to fully leverage the language of business.

Can You Afford Not to Have Financial Skills?

Take two people, identical in every way – except one.

They were born in the same place, went to the same school, and even have the same job at the same company.

The difference? One person committed to studying the world finance, while the other constantly put it off. Who do you think will be ahead in their careers ten years down the road?

If you don’t learn financial analysis from me, please, learn these skills somewhere.

But in this message, I think I’ve made a good argument why our new course is THE best place to get the financial education you need and deserve. Especially given the price and the potential ROI you can achieve.

See you inside the course!

– Leila

 

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