Financial Analysis Basics: Build Your Foundation

Most business owners I meet know their numbers exist somewhere—in spreadsheets, bank statements, receipt boxes. But turning that data into actual decisions? That's where things get fuzzy.

This program walks you through the fundamentals without drowning you in theory. We start with balance sheets and income statements because you can't analyze what you don't understand. Then we move into ratios, trends, and what those patterns actually mean for your operations.

The goal isn't to turn you into an accountant. It's to give you the literacy to read financial reports, ask the right questions, and spot problems before they spiral. By the end, you'll have a practical toolkit for making sense of your own numbers.

Classes begin September 2025 and run for twelve weeks. We keep groups small—around fifteen people—so there's room for actual discussion rather than just lectures.

Instructor Runa Solberg

Runa Solberg

Lead Instructor

Former financial analyst at Seoul-based import firms. Now helps small business owners decode their numbers without the jargon overload.

What You'll Actually Learn

Six core modules that build on each other. Each week includes practical exercises using real business scenarios—not textbook examples that feel irrelevant.

1

Reading Financial Statements

Balance sheets, income statements, cash flow reports. What each line item means and why it matters to your business decisions.

  • Asset vs liability basics
  • Revenue recognition timing
  • Cash vs accrual accounting
2

Financial Ratios That Matter

Current ratio, profit margin, debt-to-equity. Learn which ratios tell you about liquidity, profitability, and operational efficiency.

  • Liquidity measurements
  • Profitability indicators
  • Efficiency benchmarks
3

Trend Analysis

One month's data tells you almost nothing. Learn to spot patterns over time and understand what's normal variation versus actual problems.

  • Quarterly comparisons
  • Year-over-year growth
  • Seasonal adjustments
4

Cost Analysis

Fixed versus variable costs, contribution margin, break-even points. Understanding what drives your expenses helps you control them.

  • Cost structure mapping
  • Break-even calculation
  • Margin improvement tactics
5

Cash Flow Management

Profitable businesses still fail from cash problems. Learn to forecast cash needs and identify warning signs before they become crises.

  • Cash forecasting basics
  • Working capital needs
  • Payment timing strategies
6

Decision-Making Framework

Pulling it all together. How to use financial data to evaluate investments, pricing changes, expansion plans, and major purchases.

  • Investment evaluation
  • Scenario planning
  • Risk assessment
Financial analysis workshop session

September 2025 Enrollment Opens June 1st

Classes run Tuesday and Thursday evenings, 7:00 to 9:00 PM Korea time. Online format with live sessions—recordings available if you miss one.

We cap enrollment at fifteen students because financial concepts need discussion, not just presentation. When someone asks "but what about my industry?" we want time to actually explore that.

12 weeks
Structured curriculum
24 sessions
Live instruction hours

You'll need basic spreadsheet skills and access to your own business numbers for exercises. No previous accounting background required—that's the whole point.

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Program coordinator Lilja Strand
Lilja Strand Program Coordinator