Many of us flinch when we hear terms like depreciation, cash flow, balance sheet, and (worst of all!) budgets. However, these are all important concepts to understand if you’re going to succeed in today’s business world, particularly as a supervisor. Even better, financial terms are not as scary as they seem!
After you complete this course, you will be able to:
Discuss various types of financial reports, including income statements, balance sheets, cash flow statements, and statements of retained earnings
Recognize different types of organizational financial plans?
Find the rules and regulations for your area and industry
Deal with financial situations that impact the people that work for you
Tell the difference between cash and accrual accounting
Determine whether a company is financially high or low risk
Welcome to this course!
Lesson 1 - The Basics
Lesson 2 - General Accepted Accounting Principles (GAAP)
Lesson 3 - The Accounting Cycle
Lesson 4 - Overview of the Accounting Cycle
Lesson 1 - The Key Reports
Lesson 2 - Balance Sheet
Lesson 3 - Cash Flow Statement and Retained Earnings
Lesson 1 - Understanding the Charts of Accounts
Lesson 2 - Single vs. Double Entry Accounting
Lesson 3 - Self Test
Lesson 4 - Self Test
Time for a Boost. Dont stop now.
Lesson 1 - Understanding Debits and Credits
Lesson 2 - Identify and Analyze Data
Lesson 3 - Annual Reports
Lesson 1 - Using Charts and Graphs
Lesson 2 - Using Ratios for Decision Making
Lesson 3 - Identifying High and Low Risk Companies