Accounting for Small Businesses

This short course focuses in providing a solid base of practical accounting principles and processes a small business should put in place for success. Participants are also introduced to the program Quickbooks™.

This course covers:

• Introduction to accounting terminology and concepts
• Importance of accounting systems for small businesses
• Recording requirements
• How to select an accountant
• Understanding taxes and payroll
• Independent contractor’s requirements
• Understanding financial statements from the lender and management perspective
• How to generate and analyze statements
• Developing a good basic record keeping system for your business
• Processes and Controls required
• Quick Books Lab