Feasibility Analysis is needed before starting a new project, developing a new product or service, establishing a new business, or upgrading and modifying existing businesses. It is needed to analyze and evaluate of a proposed project to determine if it is technically feasible, if it is feasible within the estimated cost, and if it will be profitable.
This course will take you through the journey of developing a feasibility study which is sometimes handled as a project in itself.
The goal of this course is to give the participant a basic understanding of budgets and financial reports so they can hold relevant discussions and render decisions based on financial data. This course will define key terms like ROI, EBIT, GAAP, and extrapolation. Furthermore, this course will discuss commonly used financial terms, financial statements, budgets, forecasting, purchasing decisions, and laws that regulate the handling of financial information.
To allow managers with little accounting and financial background and experience the opportunity to examine the methodology used in financial decision making.
Managers and senior officers who wish to have a general understanding of the role of accounting and finance which will enable them to improve their financial performance.
- Effective use of financial information
- Understanding and analyzing the content of financial reports
- Interact more confidently and effectively with financial professional