Financial Planning Boot Camp
Financial accounting is the process of recording, summarizing, and reporting financial transactions to provide useful information for business decisions. It is crucial in business decision-making as it equips you with the necessary information about your company's financial performance and position. This information can be used to make informed decisions about various business activities, such as investing, financing, and operations, empowering you to steer your business in the right direction.
In this module, you will learn the following:
Basic Accounting Principles
The Accounting Cycle
How to Read Major Financial Statements
How to Use Accounting Software
Our goal is for you to understand the role accounting and financial statements play in your business. While you may hire an accountant or bookkeeper, you must understand how the statements are generated and what to look for when reviewing them. This level of engagement is key to your business's success.