Course Description

Having properly aligned financial statements are the scorecards to tell you how well you are actually performing in your business. Accurate financial data also tells you what changes and adjustments need to be made in order to achieve your financial goals in the company. This course will give insights to the owners and management of the company on how to set up the proper structure for your income statement, balance sheet and cash flow statement. Furthermore, this course will take you through how to departmentalize your chart of accounts for each profit center of the company. Once you understand what the data are telling you, this course will then also give you guidance into how to measure key performance indicators of highly successful companies against your actual performance. This information is crucial in order to focus on areas of the operations that need the most attention.