Accounting and Financial Management Basics for Entrepreneurs

Course Overview

The success of every business hinges on two financial factors: profitability and cash flow.  The decisions in every other aspect of business, such as marketing, human resources, operations, has a financial impact.  Good business decisions are supported with a financial analysis that considers how the decision will impact profits and cash flow.

Entrepreneur, business advisor and professional accountant Kyla Lam will take you through the financial basics of business ownership. This course will cover:

• Accounting terminology
• Registration and compliance with statutory requirements such as payroll, GST and PST
• Understanding proprietorship vs corporation
• How tax deductions work in a business
• Reading and interpreting financial statements
• Understanding costs in a business
• Pricing Strategies
• Operating, Capital and Cash Budgets
• Decision making using quantitative and qualitative factors

At the end of this course you should have a strong foundation in understanding the technical side of business finances but also the skills to do basic financial analysis and support good decision making.

No Available Sessions

Add your name to our waitlist and we will let you know the next time we run this course.