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The Finance for Non-financial Staff Cheat SheetCredits to Nevena Miskovic, follow her for more valuable cheat sheets.------Here's the original post:The Finance for Non-financial Staff Cheat Sheet!!Ever wondered why finance matters to you? Let me tell you why!Understanding finance gives you a powerful edge in decision-making.𝗜𝘁'𝘀 𝗺𝗼𝗿𝗲 𝘁𝗵𝗮𝗻 𝗷𝘂𝘀𝘁 𝗻𝘂𝗺𝗯𝗲𝗿𝘀; 𝗶𝘁'𝘀 𝘁𝗵𝗲 𝗹𝗮𝗻𝗴𝘂𝗮𝗴𝗲 𝗼𝗳 𝗯𝘂𝘀𝗶𝗻𝗲𝘀𝘀.Financial knowledge helps you analyze and interpret data, enabling you to spot opportunities and make informed choices.Having a grasp of finance helps you protect your department's budget and resources, ensuring efficient resource allocation𝗛𝗲𝗿𝗲 𝗶𝘀 𝘁𝗵𝗲 𝗰𝗼𝗻𝘁𝗲𝗻𝘁 𝗙𝗶𝗻𝗮𝗻𝗰𝗲 𝗳𝗼𝗿 𝗡𝗼𝗻-𝗳𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝗦𝘁𝗮𝗳𝗳 𝗖𝗵𝗲𝗮𝘁 𝗦𝗵𝗲𝗲𝘁:▶️ DefinitionsBalance sheetProfit and Loss accountCash flowsEBITDAProfitabilityROENet MarginOperating expensesand more▶️ Financial statements (FS)Example of the main FSRelation between FSContent of FS▶️ Financial ratios explained with formulasCurrent ratioQuick ratioOther liquidity ratiosNet profit rateDebt RatioDays sales outstandingDays inventories outstandingand more▶️ Structure of the finance department▶️ Vertical financial analysis▶️ Discounting, cash flow discounting example▶️ Example of valuation via EBITDA multiple▶️ Financial terms comparison-------Follow Business Infographics to learn from the best visuals.
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Ulrich Blasberg
CFO | C-Level | CORP & Intl. (Trilingual) | LatAM | CCA Cluster- Group | FD & IT | SSC & ICT | Tax | Strategic Digital Innovation | Crisis-proof | Focusing on Solutions | Increasing Market Value of companies // and Dad
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Great
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"Thanks for sharing this valuable Finance for Non-financial Staff Cheat Sheet! Understanding finance is key to making informed decisions in any role. #FinanceKnowledge"
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Seamus Madden
Financial Services & Microsoft Trainer
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Please could I have a pdf of this excellent document
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El-Sandra Koffie, CTFP
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Thank you very insightful. kindly share the Pdf copyelsandra2012.ek@gmail.com
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Kay Clerc (formerly Pratt)
CPA State of Texas
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Accrual is misspelled.
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Sustainable Future Global Solutions
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Very helpful piece.
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That is a great content, it would more appreciated to share the file.
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B. Donta Truss
Vice President for Enrollment Development & Educational Outreach at Grand Valley State University
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Please share PDF
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Amaresh kumar
Senior Area Manager – Dealer & Network Development,Market Development, Sales, Parts Business, Distributorship Management
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Kindly share pdf copy. Kumar.amaresh@gmail.com
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Samuel S. Peter
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Well said
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