: 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.
: This course has a "Mentor Expert" helpdesk feature. Learners have the ability to submit questions directly to an expert in the field you are studying.
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Lesson 1
The course covers these topics:
Generally Accepted Accounting Principles (GAAP)
Rules of Double-Entry Accounting
The Accounting Cycle
Relationship of Financial Statements
Financial Planning and Budgets
Calculating the Master Budget
The Cash Budget
Pro Forma Financial Statements
The Financing Plan
Evaluating New Ventures
Break-even Analysis
Return on Investment and Payback Period
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