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FLM2: Financial & Accounting Principles for Laboratories

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About Course

Welcome to the second module of Foundations in Laboratory Management. This Module tackles Fundamentals of Finance in Laboratory Management, Cost Accounting and Financial Decision Making, Funding, Revenue Models and Intellectual Property (IP) Considerations

What Will You Learn?

  • Fundamentals of Finance in Laboratory Management
  • Cost Accounting and Financial Decision Making
  • Funding, Revenue Models and Intellectual Property (IP) Considerations

Course Content

Fundamentals of Finance in Lab Management
This sub module tackles financial statements, budgeting, planning and decision making.

  • Lesson 12: Introduction to Financial Statements
  • Assessment 10: Financial Statements
  • Assessment 11: Application of Financial Statements
  • FLM2 Assignment: Understanding Financial Statements
  • Lesson 13: Budgeting and Financial Planning
  • Assessment 12: Budgeting
  • Assessment 13: Budgets
  • Assessment 14: Financial Planning
  • FLM TOOLBOX7: Personal Finance – Budgeting
  • FLM TOOLBOX8: Personal Finance – The 50/30/20 Rule
  • FLM TOOLBOX9: Personal Finance – Growing Your Savings
  • Assessment 15: Personal Finance
  • FLM2 Assignment: Budgeting and Financial Planning
  • Lesson 14: Decision Making Guided by Financial Statements
    14:29
  • TOOLBOX 10: Financial Decision Making Scenarios
  • Assessment 16: Decision Making Guided by Financial Statements
  • Assessment 17: Financial Decision Making Calculations
  • TOOLBOX 11: Financial Statements Template
    08:30

Cost Accounting & Financial Decision Making

Funding, Revenue Models & Intellectual Property (IP) Considerations

Applied Financial Reporting

Student Ratings & Reviews

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Riitha Kanuni
8 months ago
Course was fruitful. Thank you

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