118 - Introduction to Financial Analysis
Delivery Method:
Contact Hours:
Registration:
This course is funded by NASPO to be FREE for everyone.
Type: self-paced, online
Description: This Procurement U online course is designed to introduce public procurement professionals to basic steps involved in using financial data to analyze suppliers’ organizational performance. The course provides an overview of accounting principles, discusses the contents of financial statements, and reviews selected analysis techniques, including the use of ratios.
The course concepts will be valuable to any government employees who participate in a determination of responsibility during the evaluation process. Learners should be advised that the course includes mathematical concepts that may be challenging to beginners.
Suggested Audience: Public procurement professionals or other government employees seeking to gain a basic understanding of financial statements and analysis techniques that can support decisions related to supplier performance or stability
Course Technology Requirements:
- Internet connection
- Support web browsers:
- Recommended: Chrome, Firefox, Safari (latest versions)
- Avoid: Internet Explorer and Microsoft Edge
- If prompted, accept all cookies and allow popups
- Access to Procurement U LMS
- Ability to play and listen to audio through computer speakers or headphones
Suggested Audience: Procurement professionals looking to gain a better understanding of how persuasion differs from negotiation, and influence others to change or take action.
Contact Hours: 3
IACET CEUs: 0.3
Course Syllabus
Prev Course:
117 - Introduction to Scopes of Work (SOWs)
Next Course:
119 - Selecting Key Performance Indicators (KPIs) in Public Procurement