By the end of this course, you’ll be able to understand important financial terms and statements, allowing you to confidently make financial decisions for your small business. If you’ve been looking for a way to learn the financial basics you’ve been missing – or could use a refresher – this course is for you!
In 11 bite-sized lessons, we will:
- Introduce Income Statements, Balance Sheets, and Statements of Cash Flows, and explain their importance.
- Discuss the corporate entities relevant to small businesses.
- Explore common US tax forms and tax filing options.
- Dig deeper into Costs of Goods Sold, and how to identify expenses.
- Distinguish between cash basis and accrual accounting methods.
Once enrolled, our friendly support team is here to help with any course-related inquiries.
Summary
- Skill level: Beginner
- Lessons: 11
- Pre-requisites: None
- Estimated study time: 6h for all materials
- Certificate: Yes
- Accredited by: CPD
- Video duration: 47m
Features
Premium video tutorials
Personalized Learning
Learn at your own pace
Tests and Quizzes
Award winning instructors
Get Certified
Mobile - Learn on the go
Regularly updated content
Accreditations & Approvals
All courses under each learning path are accredited and approved by one or more of the following bodies as is applicable.
Instructors
All courses are taught by reputed trainers with relevant accreditations and industry experience.
Modules
Income Statements
Understand how business income and expenses are recorded and summarized.
Significance of the Income Statement
Balance Sheets
Understand the meaning of assets, liabilities, and equity, and how this report is different from the profit and loss.
Significance of the Balance Sheet
Cash Flows
This report tells the story of a business, where the money is coming from, and where it’s going.
Entities, Tax Types, Payroll, and More
Identify different terms and tax types
US Tax Forms for Small Businesses
Recognize terms such as sales tax, excise tax and use tax
Cost of Goods Sold
Expenses (and What are Not Expenses)
Learn about categorizing expenses
Accounting Methods
Conclusion and Review
A review of our course and advice for the future
Target Audience
- Graduates exploring placement in the entry-level Financial positions across industries
- Finance professionals needing upskilling to be future-ready or become more productive in their current roles
- Experienced individuals exploring Financial Basics for Small Businesses to join the workforce
How do I Access The Program
- Buy the course online
- Save your payment transaction receipt for any future reference
- Our team will share the credentials to enable you access your course online within 2 business days of payment transfer
Bulk Orders
Incase you are looking for bulk user licenses, or customized Learning Paths for various Job Roles, reach out to us with your detailed requirements.
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