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

Build courses into a credential

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.

Spring 2024 registration opens March 11, 2024. Fall 2024 registration opens July 22, 2024.

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, no scheduled day or time course requirements with the instructor, assigned due dates

Online - Synchronous: 100% online delivery, scheduled day and time course requirements with the instructor, assigned due dates

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