Financial Reporting with Power BI: Basic Financial Analysis

University/Institute: Coursera Project Network





Description

In this comprehensive course, learners will acquire essential skills to harness the power of Power BI for financial analysis. Whether you are a finance professional seeking to enhance your analytical capabilities or an aspiring data analyst in the financial domain, this course will equip you with valuable skills to interpret financial data using Power BI, leading to smarter financial decisions and strategic planning. Through practical exercises and a real-world scenario, learners will create a financial report to help a business owner decide if they should expand their business in the near future. By the course's conclusion, participants will be able to import financial data into Power BI and use tools such as Power Query to clean financial data, ensuring it is primed for in-depth financial analysis. Learners will learn to create informative visuals that effectively communicate financial data and analysis, enabling better decision-making for stakeholders. Additional focus of the course will be on utilizing DAX (Data Analysis Expressions) formulas to perform various financial analyses. Participants will delve into DAX's functionalities, enabling them to analyze financial statements and comprehend a company's financial position and performance over time. The prerequisites for this course include a basic knowledge of financial statements. A basic knowledge of excel formulas would be nice.