Course description

Leaders in profit oriented organization need to understand the cost of doing business. Financial statements are used to explain how money is used in a business and can be interpreted to predict an organization's success. The ethical, efficient and effective use of financial statements and ratios calculations for bench marking, measuring past performance, forecasting and budget preparation can ensure investments or withdrawals within an organization will produce a healthy return or mitigate decline in other areas. Knowing the processes for assessing ROI, creating a comprehensive flexible budget and calculating variances are critical in any organization in order to make effective decisions and attaining sustainability

Course details

Hours: 30
Credits: 2
Prerequisites: None
Corequisites: None

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This course is part of the following program(s):


Credit transfer

Have you taken this course or an equivalent course? Contact the Credit Transfer Office.

Registration dates

Not all courses are offered each term.

Winter 2023 registration opens November 28, 2022. Spring 2023 registration opens February 27, 2023.

Delivery options

In person: classes held in person on a campus/site in a classroom/lab/shop/studio for the course duration

Online - Asynchronous: ​100% online delivery with no assigned day or time requirements, independent course completion

Online - Synchronous: 100% online delivery with scheduled day and time course requirements

Hybrid: any combination of: in person, timetabled, on campus, online, and hyflex delivery