Nicolas Boucher Online
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100 Finance AnswersLearn Accounting / Excel / KPIs / CashBookmark this, you'll save 1,000 of hours!👉 Follow, Like and Comment to get the High Resolution PDFThen download it here:https://lnkd.in/d7PPnWpNWhat do we cover?A list of answers that all Finance Professionals need.If you want more explanations, feel free to ask in the comment section.Here is a preview:💹 Accounting1. How is the accrual principle applied?→ Records revenues & expenses when earned/incurred2. How does the consistency principle work?→ Use same methods every accounting period3. How is the matching principle used?→ Match expenses with revenues of same period4. How does the cost principle function?→ Record assets at cost paid, not current value5. How is the monetary unit assumption applied?→ Record only quantifiable transactions(get the answers 6-25 in the Cheat Sheet below)📊 Excel26. How to calculate NPV in Excel?→ Use =NPV(rate, value1, [value2], ...)27. How to compute IRR in Excel?→ Use =IRR(values, [guess])28. How to find present value in Excel?→ Use =PV(rate, nper, pmt, [fv], [type])29. How to calculate a bond's yield in Excel?→ Use =YIELD(settlement, maturity, rate, pr, redemption, frequency)30. How to use PMT function in Excel?→ Use =PMT(rate, nper, pv, [fv], [type]) for loan payments(get the answers 31-50 in the Cheat Sheet below)🔑 KPIs51. How to measure profitability?→ Use net profit margin: Net Profit / Revenue52. How to gauge liquidity?→ Calculate current ratio: Current Assets / Current Liabilities53. How to assess debt burden?→ Compute debt-to-equity ratio: Total Debt / Total Equity54. How to track asset efficiency?→ Calculate asset turnover: Sales / Total Assets55. How to evaluate investment returns?→ Use return on investment (ROI)Formulas 51-54 corrected (and updated correctly in PDF)(get the answers 56-75 in the Cheat Sheet below)💵 Cash76. How to forecast cash flow?→ Use historical data and project future receipts/payments77. How to improve cash position?→ Speed up receivables, slow down payables78. How to calculate cash conversion cycle?→ DSO + DIO - DPO79. How to manage short-term cash surplus?→ Invest in short-term liquid securities80. How to measure liquidity?→ Use quick ratio: Liquid Assets / Current Liabilities (corrected and is updated in PDF)(get the answers 81-100 in the Cheat Sheet below)👉 What else would you add?👉 Let me know if you want more explanations.
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Ekaterina Komarnitskaya
Head of Finance | FP&A | Finance Management
2mo
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Hello, Nicholas! I want to express my gratitude for sharing this valuable information; I believe it can be beneficial to many. I was intrigued by the suggestion in response to question #64, 'How to track sales performance,' advising to 'Use the growth profit margin.' I wonder about the rationale, considering that COGS/COS also impacts the GP margin, a metric unaffected by the sales team. Would it not be more advisable to focus on revenue forecasts/budgets and conversion rates for evaluating sales performance? I would truly appreciate your insights on this matter.P.S. I wanted to kindly point out a typo in the formula provided in question 51.
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Mahesh P.S.
📈 225 Million Views/Year I 📊Fractional CMO I 🧪Marketing Data Scientist I 💼 AI- Marketing Automation I 📊 21000 + Mktg. Tests I 🎯B2B Digital Strategy I 🧪GTM Strategy I🚀AI-Martech I 💡eCommerce I 🧪Edtech I 💼
2mo
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Hi Nicolas, thank you for sharing this comprehensive list of finance answers! It's great to see such a valuable resource available for finance professionals. The cheat sheet you provided seems incredibly helpful for anyone looking to enhance their knowledge in accounting, Excel, KPIs, and cash management.I particularly found the explanations on the accrual principle and consistency principle in accounting very insightful. These principles are essential for maintaining accurate financial records and ensuring consistency in reporting. Additionally, the formulas you shared for measuring profitability, liquidity, debt burden, asset efficiency, and investment returns are extremely useful.This cheat sheet will undoubtedly be beneficial not only for finance professionals but also for individuals like myself who deal with financial data regularly.Thank you again for sharing this valuable resource.
1Reaction
Farzana B Akhtar (MBA)
Business and Finance Professional. Associate Certified Public Accountant
2mo
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Very informative, thank you
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Taslima Khan
Deputy Manager, Finance & Compliance (MIS Reporting)
2mo
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Thanks Nic. It's really helpful for all professionals
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Hasnawi Mustamin
Marketing Manager at PT. Wahana Persada Indonesia
2mo
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Thanks for your information. God bless you
1Reaction
Management vs Finance. Management = Better efficiencyFinance = Creating wealth
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Tony Groom
Hands-on director and investor in companies with huge growth potential that have undervalued intangible assets.
2mo
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Another terrific resource, thanks for sharing Nicolas Boucher Online
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Jamie Nowik
President @ BDE Mortgage | Mortgage Brokerage #2218380/ 1095406
1mo
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Nice! Great information. Thank you for sharing:)
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Matthew Fallon
Branch Manager NMLS #176771| Corp NMLS#42056 • BK#0910215 Geneva Financial LLC. Equal Housing Lender Equal Opportunity Employer
2mo
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Thanks for sharing
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Joydev Magumder
Deputy Manager (Accounts & Finance) at Eon Group of Industries
1mo
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Thanks for posting
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Pad N Swami
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100 Finance Answers from Nicolas Boucher Learn Accounting / Excel / KPIs / CashBookmark this, you'll save 1,000 of hours!👉 Follow, Like and Comment to get the High Resolution PDFThen download it here: https://lnkd.in/eAVzrrxbWhat do we cover?A list of answers that all Finance Professionals need.
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Bibhuti Dash
Accounting, Financials,Taxation
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Very Useful Fundamentals....
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Adelina Stancheva
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Useful and if you subscribe you can download the high resolution PDF for free
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Kritika Singh
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A Perfect Cheat Sheet!!
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Uf*ck D.
Technology&Sales Deputy General Manager
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100 Finance AnswersLearn Accounting / Excel / KPIs / CashBookmark this, you'll save 1,000 of hours!👉 Follow, Like and Comment to get the High Resolution PDFThen download it here: https://lnkd.in/eAVzrrxbWhat do we cover?A list of answers that all Finance Professionals need.If you want more explanations, feel free to ask in the comment section.Here is a preview:💹 Accounting1. How is the accrual principle applied?→ Records revenues & expenses when earned/incurred2. How does the consistency principle work?→ Use same methods every accounting period3. How is the matching principle used?→ Match expenses with revenues of same period4. How does the cost principle function?→ Record assets at cost paid, not current value5. How is the monetary unit assumption applied?→ Record only quantifiable transactions(get the answers 6-25 in the Cheat Sheet below)📊 Excel26. How to calculate NPV in Excel?→ Use =NPV(rate, value1, [value2], ...)27. How to compute IRR in Excel?→ Use =IRR(values, [guess])28. How to find present value in Excel?→ Use =PV(rate, nper, pmt, [fv], [type])29. How to calculate a bond's yield in Excel?→ Use =YIELD(settlement, maturity, rate, pr, redemption, frequency)30. How to use PMT function in Excel?→ Use =PMT(rate, nper, pv, [fv], [type]) for loan payments(get the answers 31-50 in the Cheat Sheet below)🔑 KPIs51. How to measure profitability?→ Use net profit margin: Net Profit / Revenue52. How to gauge liquidity?→ Calculate current ratio: Current Assets / Current Liabilities53. How to assess debt burden?→ Compute debt-to-equity ratio: Total Debt / Total Equity54. How to track asset efficiency?→ Calculate asset turnover: Sales / Total Assets55. How to evaluate investment returns?→ Use return on investment (ROI)Formulas 51-54 corrected (and updated correctly in PDF)(get the answers 56-75 in the Cheat Sheet below)💵 Cash76. How to forecast cash flow?→ Use historical data and project future receipts/payments77. How to improve cash position?→ Speed up receivables, slow down payables78. How to calculate cash conversion cycle?→ DSO + DIO - DPO79. How to manage short-term cash surplus?→ Invest in short-term liquid securities80. How to measure liquidity?→ Use quick ratio: Liquid Assets / Current Liabilities (corrected and is updated in PDF)(get the answers 81-100 in the Cheat Sheet below)👉 What else would you add?👉 Let me know if you want more explanations.Nicolas Boucher
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BESONG ENOKENWA (CEMF)
Certified Expert in Microfinance (CEMF)ǁ SME banking ǁ Strategy development/ Advisory ǁ Corporate Restructuring ǁ Transformation & Change ǁ Commercial Development ǁ Agricultural/rural finance ǁ
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great simple answers
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Lucio Cota
MBA Candidate at JWMI | Executive Director | Finance & Operations | Credit & Collections | Order & Invoice to Cash | Talks about #Leadership, #Finance, #Operations, #C&C, #OTC, #BPO, #Fintech
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Tips for: #accounting #exceltips #kpis #cash Credits to Nicolas Boucher.
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Mahesh P.S.
📈 225 Million Views/Year I 📊Fractional CMO I 🧪Marketing Data Scientist I 💼 AI- Marketing Automation I 📊 21000 + Mktg. Tests I 🎯B2B Digital Strategy I 🧪GTM Strategy I🚀AI-Martech I 💡eCommerce I 🧪Edtech I 💼
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Hi Nicolas, thank you for sharing this comprehensive list of finance answers! It's great to see such a valuable resource available for finance professionals. The cheat sheet you provided seems incredibly helpful for anyone looking to enhance their knowledge in accounting, Excel, KPIs, and cash management.I particularly found the explanations on the accrual principle and consistency principle in accounting very insightful. These principles are essential for maintaining accurate financial records and ensuring consistency in reporting. Additionally, the formulas you shared for measuring profitability, liquidity, debt burden, asset efficiency, and investment returns are extremely useful.This cheat sheet will undoubtedly be beneficial not only for finance professionals but also for individuals like myself who deal with financial data regularly.Thank you again for sharing this valuable resource.
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Rachel Spector Whiffin, MBA, SPHR-CA
Strategic HR Leader ✯ Leadership & Talent Development ✯ HR Operations ✯ Change Management ✯ Employee Engagement ✯
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HR Pros: Understanding the business is critical to being a strategic business partner. You don’t need to have a MBA but understanding key finance and accounting principles is necessary. See below for a fantastic summary of 100 Finance Answers compiled byNicolas Boucher
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