Accounting and Finance for Entrepreneurs

This course, offered by our accredited school partners, 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. Learning Outcomes • Understand and explain the assumptions and principles that underlie Generally Accepted Accounting Principles (GAAP) • Understand and explain the rules of double-entry accounting • Calculate the balance of the account • Define the steps that make up the accounting cycle • Describe the relationship between the major financial statements that make up an annual report • Explain the role of finance in the entrepreneurial process • Understand the importance of budgeting and financial planning • Identify and explain the three major pricing strategies • Define and distinguish between fixed and variable costs • Calculate the components of a master (static) budget • Prepare a cash budget • Prepare and analyze pro forma financial statements Enroll through one of our accredited university or college partners today! • Develop a basic financial plan • Use pro forma financial statements to evaluate a new venture • Explain the factors and assumptions involved in break-even analysis • Calculate Return on Investment (ROI) and payback period

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

All required reference materials are provided with this program. Technical requirements: Internet Connection • Broadband or High-Speed (DSL, Cable, Wireless) Hardware Requirements • Processor - 2GHz Processor or Higher • Memory - 1 GB RAM Minimum Recommended Software Requirements • Operating Systems - Windows 7, 8 or 10; Mac OS x 10 or higher • Microsoft Office 2007, 2010 or 2013 or a Word Processing application to save and open Microsoft Office formats (.doc, .docx, .xls, .xlsx, .ppt, .pptx) • Internet Browsers - Google Chrome is highly recommended • Cookies MUST be enabled • Pop-ups MUST be allowed (Pop-up Blocker disabled) • Adobe PDF Reader

This course provides students with qualified support professionals to guide them through their learning experience. The student support team is available to answer any questions a learner may have including questions on course content, course material, certifications, and registration or enrollment questions. Support advisers also monitor the progress of learners to ensure training retention and program advancement.