Course
$10
Financial Basics
1 Hours
Description
This class discuss basic financial concepts, including commonly-used accounting terms and basic financial statements. For providers who own or manage a child care program, these concepts are vital to successfully operating their business.
This mobile-friendly class is accessible on any device, including tablets and phones.
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Financial Basics for Preschool Directors and Administrators
Goal: to understand basic financial statements and their use as well as common accounting terminology
Table of Contents
- Introduction
- The Balance Sheet
- The Income Statement
- Alternatives
Approved or Accepted in:
Alabama
Alaska
Arizona
California
Colorado
Connecticut
Florida
Hawaii
Illinois
Indiana
Iowa
Kansas
Maine
Massachusetts
Michigan
Mississippi
Nevada
New Hampshire
New Mexico
New York
North Carolina
Oklahoma
Oregon
Pennsylvania
Puerto Rico
South Dakota
Tennessee
Texas
Utah
Vermont
Virgin Islands
Virginia
Washington
Learning Outcomes
Be able to:
- Identify basic financial statements.
- Understand the purpose of each financial statement.
- Identify and understand the elements of each financial statement.
- Understand and use various accounting terms.
- Be able to read and use financial statements to better manage your business.
- Be able to communicate financial information to bankers, investors, insurance companies and others.