Amortization: Amortization is a method of spreading an intangible asset's cost over the course of its useful life. Here are 20 financial terms and definitions you should know. But first, you need to grasp the terminology.
Understanding the financial implications of your decisions and clearly communicating those decisions to key stakeholders can help advance your career.
Narayanan, who teaches the online course Financial Accounting: To learn more about why you should further your financial knowledge if you're in a non-finance role, watch the video below featuring Harvard Business School Professor V.G. Quite frankly, it’s what keeps your company afloat an organization can’t operate successfully if it’s not financially sound. It’s what helps you balance short-term expenses with long-term goals, and meaningfully measure your team’s performance. It’s what determines the number of employees you can hire, and dictates your annual budget. But developing your financial skills so that you have a financial fluency can help you excel professionally and make a greater impact on your company.įinance affects every business function. For non-finance professionals, the thought of talking data, forecasts, and valuations can seem daunting.
0 kommentar(er)
