This is a short Course for Startup founders, Business Owners, Executives, Accounting professionals to give them a basic but sufficient understanding of accounting and financial concepts. Understanding accounting and financial concepts are essential for understanding company performance and diagnose any problems you may have. Even though you may not do any accounting or financial management yourself, this course will help you understand everything you need to gain confidence in this subject.
Program Objectives
- To provide financial skills to company founders in order for them to project, plan, and execute.
- To assist the founders in delving further into the financial models and projections, which will be useful in discussions with investors.
- Receiving personalized input from instructors in order to factor in the company’s financial consideration
Topics and Outlines for the Course
- Understanding the basics of accounting and financial statements, as well as how to create them
- Accounting principles and procedures.
- Accounts and Financial Statements Types
- Accounts Payable
- Profit & Loss / Balance Sheet / Cash Flow Relationship
- Important Accounting Principles
- Long-Term Investments
- Capital expenditures vs. operational expenses
- Recognizing Revenue
- Accounting for Expenses
- Accounting Control Methodologies