| 10/31/2024 7:21:20 AM |
| Changed Course |
| CATALOG INFORMATION
|
| Discipline and Nbr:
ESHP 115 | Title:
FINANCIAL BASICS |
|
| Full Title:
Financial Basics and Cash Flow |
| Last Reviewed:5/13/2024 |
| Units | Course Hours per Week | | Nbr of Weeks | Course Hours Total |
| Maximum | 1.50 | Lecture Scheduled | 1.50 | 17.5 max. | Lecture Scheduled | 26.25 |
| Minimum | 1.50 | Lab Scheduled | 0 | 4 min. | Lab Scheduled | 0 |
| | Contact DHR | 0 | | Contact DHR | 0 |
| | Contact Total | 1.50 | | Contact Total | 26.25 |
| |
| | Non-contact DHR | 0 | | Non-contact DHR Total | 0 |
| | Total Out of Class Hours: 52.50 | Total Student Learning Hours: 78.75 | |
Title 5 Category:
AA Degree Applicable
Grading:
Grade or P/NP
Repeatability:
00 - Two Repeats if Grade was D, F, NC, or NP
Also Listed As:
Formerly:
ESHIP 115
Catalog Description:
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Students will be introduced to overall financial basics needed to run businesses. Topics include orientation to financial reports, cash flow management, forecasting, financial recordkeeping needed for tax reporting, break-even analysis, and how to read financial results to make decisions.
Prerequisites/Corequisites:
Recommended Preparation:
Limits on Enrollment:
Schedule of Classes Information
Description:
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Students will be introduced to overall financial basics needed to run businesses. Topics include orientation to financial reports, cash flow management, forecasting, financial recordkeeping needed for tax reporting, break-even analysis, and how to read financial results to make decisions.
(Grade or P/NP)
Prerequisites:
Recommended:
Limits on Enrollment:
Transfer Credit:
Repeatability:00 - Two Repeats if Grade was D, F, NC, or NP
ARTICULATION, MAJOR, and CERTIFICATION INFORMATION
| Associate Degree: | Effective: | | Inactive: | |
| Area: | | |
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| CSU GE: | Transfer Area | | Effective: | Inactive: |
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| IGETC: | Transfer Area | | Effective: | Inactive: |
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| CSU Transfer: | | Effective: | | Inactive: | |
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| UC Transfer: | | Effective: | | Inactive: | |
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| C-ID: |
Certificate/Major Applicable:
Certificate Applicable Course
COURSE CONTENT
Student Learning Outcomes:
At the conclusion of this course, the student should be able to:
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1. Interpret financial statements.
2. Forecast cash flow from budgets.
3. Evaluate sources of capital.
Objectives:
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At the conclusion of this course, the student should be able to:
1. Document and understand financial results.
2. Manage cash flow and safeguard cash.
3. Understand financial reporting structures appropriate to specific business entities.
4. Forecast income and expenses.
5. Analyze costs of capital.
Topics and Scope
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I. Recordkeeping Function
A. Accrual
B. Cash basis
II. Recordkeeping Systems
A. Inventory control
B. Cash management
C. Budgeting
D. Financial recordkeeping for tax reporting
E. Break-even analysis
III. Financial Considerations
A. Debt financing
B. Equity financing
IV. Cash Flow Management
A. Spreadsheet preparation
B. Cash flow traps
C. Forecasting
V. Chart of Accounts
VI. Cost of Capital
Assignments:
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1. Weekly readings
2. Analysis of financial statements
3. Strengths, Weaknesses, Opportunities, and Threats (S.W.O.T) analysis
4. Chart of accounts origination
5. Budget preparation, including break-even analysis
6. Cash flow forecasting
7. Final project - case study analysis, calculating and interpreting ratios
8. Quizzes, final exam
Methods of Evaluation/Basis of Grade.
| Writing: Assessment tools that demonstrate writing skill and/or require students to select, organize and explain ideas in writing. | Writing
20 - 30% |
| Analysis of financial statements, S.W.O.T. analysis of their business | |
| Problem solving: Assessment tools, other than exams, that demonstrate competence in computational or non-computational problem solving skills. | Problem Solving
30 - 50% |
| Chart of accounts, budget and cash flow forecasts, break-even analysis, calculating and interpreting ratios, final project case study | |
| Skill Demonstrations: All skill-based and physical demonstrations used for assessment purposes including skill performance exams. | Skill Demonstrations
0 - 0% |
| None | |
| Exams: All forms of formal testing, other than skill performance exams. | Exams
20 - 30% |
| Quizzes, final exam | |
| Other: Includes any assessment tools that do not logically fit into the above categories. | Other Category
0 - 10% |
| Attendance and participation | |
Representative Textbooks and Materials:
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The Essentials of Finance and Accounting for Nonfinancial Managers. 3rd ed. Fields, Edward. AMA. 2016. (classic).
Instructor prepared materials
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