This section of the financial management course explores the practice of drawing up financial statements to see if you have a healthy and prosperous business. An overview is presented of three essential financial statements in financial accounting: the balance sheet, cash flow and owners’ equity. You will learn what the purpose is of each statement and learn how to ensure a prosperous business by managing the financial health and cash flow of your business.
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This topic of the financial management course explores the vital role of the income statement. The income statement determines the financial performance of your business. You also learn how to compile and use the statement effectively. -
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This topic of the financial management course explores the balance sheet liabilities in more detail. It explains the vital year-end adjustments and practices for their entry into the balance sheet. -
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This topic explores the balance sheet liabilities in more detail and explains the vital year-end adjustments and practices for their entry into the balance sheet. -
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This topic of financial management covers the importance of the balance sheet. The balance sheet helps you determine if your business is financially sustainable. It also provides an overview of how to compile and use this statement. Understanding the balance sheet is crucial in financial accounting. -
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This topic of the financial management course explores the balance sheet current assets in more detail. It explains the importance of year-end adjustments and practices for their entry into the balance sheet. -
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This topic explores the vital role of the cash flow statement in determining your cash flow position and explains how to draw up and interpret your cash flow statement for meaningful financial insight. -
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This topic of the financial management course explores the balance sheet fixed assets in more detail. It explains how to enter fixed assets into the balance sheet after depreciation adjustments have been made.