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Accounting and Finance for Entrepreneurs

$129
Self-Paced5 Course Hours | 12 Weeks
View Course
Entrepreneurship
Accounting and Finance for Entrepreneurs

Description

This course provides an introduction to key topics in accounting and finance for those involved in new ventures. It reviews financial accounting basics, including GAAP Principles and financial statements, and also covers key issues in finance, broadly defined as any financial or monetary activity that involves a company.

credits

  • IACET CEUs: 0.5
    • HRCI Credits: 5
      • SHRM PDCs: 5

        features

        • Mobile-friendly
        • Audio-enabled
        • Badge and credit-awarding
        • Real-world case studies
        • Fully accessible
        • Games & Flashcards
        • Expert-supported
        • Video content

        learning Outcomes

        • Understand and explain the assumptions and principles that underlie Generally Accepted Accounting Principles (GAAP)
        • Understand and explain the rules of double-entry accounting
        • Calculate the balance of the account
        • Define the steps that make up the accounting cycle
        • Describe the relationship between the major financial statements that make up an annual report
        • Explain the role of finance in the entrepreneurial process
        • Understand the importance of budgeting and financial planning
        • Identify and explain the three major pricing strategies
        • Define and distinguish between fixed and variable costs
        • Calculate the components of a master (static) budget

        related courses

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