The Manager's and Owner's Guide to Understanding Accounting and Finance

• Overview

Gain a solid understanding of the core aspects of accounting and finance to improve your ability to understand financial reports and better yourself as a manager.For many managers and business owners accounting and finance can seem mystifying. You don't have to be a CPA or attend advanced accounting courses to handle your business and its functions better. In this short topic you'll learn all the basics of accounting that you need to keep your business moving forward. Now you'll be able to understand those reports and talk in more depth with your accountants, colleagues and advisors.

Authors

Agenda

The Basics of Accounting

• Basic Systems

• Why Conventions Are Important

Major Financial Statements

• Balance Sheet

• Income Statement

• Statement of Cash Flows

• How They Interconnect

• Making Sense of What You See

Using Financial Statement

• Ratio Analysis

• The Numbers Can Like: Accounting Conventions

• Introduction to Cost Accounting

Auditing and Tax

The Nitty Gritty: Bookkeeping

• Record Keeping

• Reconciliations

• Using Accounting Reports

How Finance Differs From Accounting

The Role Finance Plays in Modern Business

Different Types of Financing

How Accounting and Finance Interconnect

Legal Issues: Accounting and Finance