Course Outline

MORNING (8:30am to 12:30pm or equivalent)

$ Accounting Language, the Language of Business – learning financial statement terms

$ Balance Sheet and Income Statement – how they're set up and what they tell you about  your business

$ Basic Accounting Equation – how it's all based on "things" and "who owns them"

$ Accrual Accounting Method – accounting for everything as it happens

$ Understanding accounts payable, accounts receivable, bad debts and pre-paid expenses

$ Advantages and Disadvantages of Cash Accounting Method (optional when needed)

$ Service Business Income Statement (optional when needed)

Afternoon >>