Introduction to Finance, Accounting, Modeling and Valuation

Watch Introduction to Finance, Accounting, Modeling and Valuation

  • 2015
  • 1 Season

Introduction to Finance, Accounting, Modeling and Valuation is an online course created by Chris Haroun, a former venture capitalist and Wall Street professional. This course is aimed at helping students and professionals learn the fundamentals of financial analysis, accounting, and valuation.

The course is structured into four core sections, each focused on a different aspect of financial analysis. The first section, Finance Fundamentals, covers important topics such as financial statements, cash flow, and financial ratios. In this section, students learn to analyze a company's financial health and identify areas for improvement.

The second section, Accounting Fundamentals, goes deeper into the principles of accounting, including journal entries, balance sheets, and transaction analysis. Haroun provides practical examples and case studies to help students understand complex concepts in a simple, easy-to-follow manner.

The third section, Modeling Fundamentals, introduces students to financial modeling, a crucial skill for anyone working in finance. Haroun covers topics such as forecasting, data analysis, and building financial models from scratch. The course includes Excel templates and step-by-step instructions to help students create their own financial models.

Finally, the fourth section, Valuation Fundamentals, focuses on equity valuation and analysis, including techniques such as discounted cash flow (DCF), comparable company analysis (CCA), and precedent transactions analysis (PTA). Haroun explains how to apply these techniques in real-world scenarios and provides practical tips and tricks for improving valuations.

Throughout the course, Haroun emphasizes the importance of critical thinking, problem-solving, and communication skills. He provides plenty of opportunities for students to practice their skills through exercises, quizzes, and case studies. Haroun encourages students to learn by doing and provides actionable insights and feedback to help students improve their financial analysis skills.

The course is designed for both beginners and seasoned professionals looking to expand their finance knowledge. Haroun's teaching style is engaging and practical, making complex financial concepts accessible to all learners. Students can learn at their own pace and access the course from anywhere, making it convenient for busy professionals.

In conclusion, Introduction to Finance, Accounting, Modeling and Valuation is an excellent online course for anyone looking to improve their financial analysis skills. Chris Haroun's expertise in finance and his engaging teaching style make this course an informative and practical learning experience. Whether you're a student or a professional, this course is an excellent investment in your financial education.

Introduction to Finance, Accounting, Modeling and Valuation
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Seasons
Section 16: Course Conclusion
42. Section 16: Course Conclusion
 
Course conclusion and closing remarks. Thank you! : )
Exercise on Using Formulas and Answers
41. Exercise on Using Formulas and Answers
 
The instructions and answers for the exerciseare included in this video as well as how to access the Excel file for the exercise.
Section 15: Assessing Financials with Formulas: Introduction to Amazing Formulas to Assess Financials
40. Section 15: Assessing Financials with Formulas: Introduction to Amazing Formulas to Assess Financials
 
By the end of this section you will know how to use many different financial equations to analyze companies.
Section 13 & 14: Valuation Sections 5 & 6: Final Target Price Calculation &
39. Section 13 & 14: Valuation Sections 5 & 6: Final Target Price Calculation & "TAM Sanity Check," and Comparing TAM to the Target Price
 
Additional valuation methodologies, including EV/EBITDA, EV/Sales, price to book, cash flow, etc. Taking a blended average target price based on several valuation methodologies in order to minimize the valuation margin of error is a smart strategy. Comparing the total addressable market (T.A.M.) that we calculated for LinkedIn with our model forecast results.
Price to Earnings Example, Exercise and Answers
38. Price to Earnings Example, Exercise and Answers
 
How to pick a target price for LinkedIn using price to earnings. The instructions and answers for the exercise are included in this video as well as how to access the Excel file for the exercise.
Section 12: Valuation Part 4 of 6: Price to Earnings & Additional Valuation Methodologies: Introduction to P/E and Why it Matters
37. Section 12: Valuation Part 4 of 6: Price to Earnings & Additional Valuation Methodologies: Introduction to P/E and Why it Matters
 
By the end of this section you will understand additional several valuation concepts and how to value companies on a price to earnings basis. Why do almost all investors love valuing companies using a price to earnings valuation methodology (growth and value investors)? How can we value companies with different earnings growth rates using price to earnings?
Price to Revenue Example +  Price to Revenue Valuation Exercise and Answers
36. Price to Revenue Example + Price to Revenue Valuation Exercise and Answers
 
This lecture shows how we can calculate a target price for LinkedIn using a price to revenue target price methodology. The instructions & answers for the exercise are included in this video as well as how to access the Excel file for the exercise.
Section 11: Valuation Part 3 of 6: Price to Revenue: What is Price / Revenue and Why Do We Need to Base a Target Price on this Ratio?
35. Section 11: Valuation Part 3 of 6: Price to Revenue: What is Price / Revenue and Why Do We Need to Base a Target Price on this Ratio?
 
By the end of this section you will understand how to value companies on a price to revenue basis. This section discusses how we can all value companies that don't yet have earnings.
DCF Exercise Answer Explanations Part 2 of 2
34. DCF Exercise Answer Explanations Part 2 of 2
 
An in depth discussion of the DCF valuation exercise (part 2 of 2).
DCF Exercise Answer Explanations Part 1 of 2
33. DCF Exercise Answer Explanations Part 1 of 2
 
An extremely in depth discussion of the DCF valuation exercise from the previous lesson (part 1 of 2). 
DCF Exercise
32. DCF Exercise
 
The instructions for the exercise are included in this video as well as how to access the Excel file for the exercise.
DCF Example
31. DCF Example
 
Example of DCF valuation applied to the LinkedIn model.
Calculating the Weighted Average Cost of Capital (WACC)
30. Calculating the Weighted Average Cost of Capital (WACC)
 
How can we calculate what rate to discount our future cash flows at? We will discuss the cost of equity and the cost of debt as part of the W.A.C.C. (weighted average cost of capital) for our target price analysis. 
Calculating the Terminal Value
29. Calculating the Terminal Value
 
What is the terminal value and why is it crucial for us in order to value a company based on discounted cash flow analysis?
Section 10: Valuation Part 2 of 6: Discounted Cash Flow (DCF). What is DCF, Why is it Important and How Does it Work?
28. Section 10: Valuation Part 2 of 6: Discounted Cash Flow (DCF). What is DCF, Why is it Important and How Does it Work?
 
By the end of this section you will understand how to create a discounted cash flow model, including calculating the discounted cash flows, terminal value and the weighted average cost of capital.
Section 9: Valuation Part 1 of 6: Introduction and Best Practices: Introduction to Valuation + More Detail on Growth Versus Value and P/E + P/R + DCF Overview
27. Section 9: Valuation Part 1 of 6: Introduction and Best Practices: Introduction to Valuation + More Detail on Growth Versus Value and P/E + P/R + DCF Overview
 
By the end of this section you will understand crucial valuation concepts, including the difference in investment philosophies between growth and value investors. Now that we know how to create and model financial statements, we can learn how to value companies based on the financial statements that we created.
Modeling Exercise Answer Explanations
26. Modeling Exercise Answer Explanations
 
An in depth discussion of the answers to the financial modeling exercise. "Learn to read financial statements like a very good book!"
Section 8: Financial Modeling Part 4 of 4: Financial Model Exercise
25. Section 8: Financial Modeling Part 4 of 4: Financial Model Exercise
 
By the end of this section you will understand how to create and analyze a financial model. An introduction to financial modeling (used so we can come up with target prices for the companies we analyze). The instructions for the exercise are included in this video as well as how to access the Microsoft Excel file for the exercise.
Forecasting the LinkedIn Model
24. Forecasting the LinkedIn Model
 
Basics on how to forecast the income statement, cash flow statement and balance sheet for our LinkedIn model.
LinkedIn Model Discussion in More Detail (Historical Data Only)
23. LinkedIn Model Discussion in More Detail (Historical Data Only)
 
This episode discusses the historical financials of LinkedIn.
LinkedIn Model Introduction
22. LinkedIn Model Introduction
 
This lecture explains how we can navigate and set up a professional model.
What is the Total Addressable Market for LinkedIn and Why is this Important?
21. What is the Total Addressable Market for LinkedIn and Why is this Important?
 
How do we calculate the size of the total addressable market for LinkedIn's products, what does this mean and why is this important when analyzing a company or creating a financial model?
Qualitative Analysis on LinkedIn
20. Qualitative Analysis on LinkedIn
 
This episode discusses how we can analyzing a company from a qualitative perspective.
Section 7: Financial Modeling Part 3 of 4: Case Study: Building a Model for LinkedIn: Case Study Introduction and What You Will Learn in this Section
19. Section 7: Financial Modeling Part 3 of 4: Case Study: Building a Model for LinkedIn: Case Study Introduction and What You Will Learn in this Section
 
This episode shows us how top investors analyze financials, create financials and also model companies from scratch.
What Quarterly Earnings Call & Why Is It Important for Modeling Purposes?
18. What Quarterly Earnings Call & Why Is It Important for Modeling Purposes?
 
Learn what a quarterly earnings call is and how it can help you understand investment ideas better.
Yahoo Finance  (Another Great Model Data Source)
17. Yahoo Finance (Another Great Model Data Source)
 
When I ran my hedge fund and worked at Goldman Sachs, I used to pay thousands of dollars every single month getting access to financial data. I will show you how to get this data for free!
Introduction to SEC.gov (Another Great Model Data Source)
16. Introduction to SEC.gov (Another Great Model Data Source)
 
This episode explains how to navigate SEC.gov, which really is an amazing resource that allows us to get the exact same information & the exact same time as all of the professional investors.
Introduction to Investor Relations (A Great Model Data Source)
15. Introduction to Investor Relations (A Great Model Data Source)
 
This episode explains what investor relations is & how it can help us to better understand companies we are are might be investing in.
Section 6: Financial Modeling Part 2 of 4: Where Do I Get Historical Data From? Why is Investor Relations+SEC.Gov Important & How Can It Help Me Build Models?
14. Section 6: Financial Modeling Part 2 of 4: Where Do I Get Historical Data From? Why is Investor Relations+SEC.Gov Important & How Can It Help Me Build Models?
 
By the end of this section you will know where to find and how to access crucial data that can be used to create financial models. An introduction to 3 crucial (and free) sources where we can get data to create our financial model forecasts. 
Financial Modeling Best Practices
13. Financial Modeling Best Practices
 
This episode discusses 25 of my modeling and valuation best practices.
Section 5: Financial Modeling Part 1 of 4: Introduction and Best Practices: Why is Financial Modeling Important & How Can It Help You Achieve Your Goals
12. Section 5: Financial Modeling Part 1 of 4: Introduction and Best Practices: Why is Financial Modeling Important & How Can It Help You Achieve Your Goals
 
Why is financial modeling important & how can it help you achieve your goals? Now that we understand how to analyze and create an income statement, balance sheet and cash flow statement, we can project the aforementioned financial statements. Once we are finished with the 4 valuation sections, then we will learn how to come up with the appropriate target prices for companies we are doing research
Financial Statement Analysis Conclusion (How All 3 Statements Are Related)
11. Financial Statement Analysis Conclusion (How All 3 Statements Are Related)
 
This episode explains how the Balance Sheet, Income Statement, and Cash Flow Statement are connected.
Cash Flow Statement Analysis Exercise and Answers
10. Cash Flow Statement Analysis Exercise and Answers
 
The instructions and answers for the exerciseare included in this video as well as how to access the Excel file for the exercise.
Cash Flow Statement Example and Analysis
9. Cash Flow Statement Example and Analysis
 
An example of a cash flows statement.
Section 4: Cash Flow Statement Analysis: Why is the Cash Flow Statement Important+How Can It Help You Achieve Your Goals + Cash Flow Statement Explanation
8. Section 4: Cash Flow Statement Analysis: Why is the Cash Flow Statement Important+How Can It Help You Achieve Your Goals + Cash Flow Statement Explanation
 
Why is the cash flow statement important & how can it help you achieve your goals? Once you understand the income statement, balance sheet and cash flow statements (all explained in this course), then we can move on to the modeling and then the valuation section of this course. An explanation of the cash flow statement (assumes you have no experience with this topic).
Balance Sheet Analysis Exercise and Answers
7. Balance Sheet Analysis Exercise and Answers
 
The instructions and answers for the exerciseare included in this video as well as how to access the Excel file for the exercise.
Balance Sheet Example and Analysis
6. Balance Sheet Example and Analysis
 
This episode contains an example of a Balance Sheet.
Section 3: Balance Sheet Analysis: Why is the Balance Sheet Important & How Can It Help You Achieve Your Goals + Balance Sheet Explanation
5. Section 3: Balance Sheet Analysis: Why is the Balance Sheet Important & How Can It Help You Achieve Your Goals + Balance Sheet Explanation
 
Why is the balance sheet important & how can it help you achieve your goals? Once you understand the income statement, balance sheet and cash flow statements (all explained in this course), then we can move on to the modeling and then the valuation section of this course. 
Income Statement Analysis Exercise and Answers
4. Income Statement Analysis Exercise and Answers
 
The instructions and answers for the exerciseare included in this video as well as how to access the Excel file for the exercise.
Income Statement Example and Analysis
3. Income Statement Example and Analysis
 
This episode contains an example of an income statement.
Section 2: Why is the Income Statement Important, How Can It Help You Achieve Your Goals & Income Statement Explanation
2. Section 2: Why is the Income Statement Important, How Can It Help You Achieve Your Goals & Income Statement Explanation
 
Why is the income statement important and how can it help you achieve your goals? Once you understand the income statement, balance sheet and cash flow statements (all explained in this course), then we can move on to the modeling and then the valuation section of this course. An explanation of the income statement (assumes you have no experience with this topic). 
Section 1: Course Introduction & Who is this Course For?
1. Section 1: Course Introduction & Who is this Course For?
 
This course is for anyone that has no (or little) finance, accounting, modeling and valuation experience. By the end of this course, you will know how to create financial statements, model financial statements, analyze financial statements and value companies. Thanks
Description
  • Premiere Date
    January 1, 2015