We will start off from understanding what are accounting principles and then deep dive into understanding the three financial statements. We will understand the importance, construct and factors that impact these financial statements. Once we get hold on reading the statements and how are they inter-linked, we will use this knowledge in assessing the health and performance of any company.
Excel is a tool which is at the centre of the finance industry and we will cover the basic aspects of Excel which will help us in building financial models. We will then move on to build a basic model of a company to understand how we can do our forecasting and ultimately the valuation of the company.
We will understand what are the different valuation methodologies are, their strengths and limitations. We will also learn to apply few of these in excel and see how different inputs to any valuation model (based on economic reasoning) impact the valuation of the company.
After the completion of this course, you will be able to understand how the fundamental world of finance works and the numbers you see on the stock market for any company, what is its significance and how they are arrived.