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What you'll learn
Will learn to implement proper accounting system for business and how to maintain an accounting system in their business also become aware to avoid mistakes.
Business needs frequent checks to ensure business runs smoothly. Maintain accounts for business need lots of dicisilpline in accuracy and control in accounts.
I lost a business because made mistakes in budgeting and cash flow maintenance. Therefore setting cash flow and budget and monitoring regularly is vital .
Business makes you money but poor accounting can destroy your business. I lost a business in my family due to many mistakes like no proper monitoring
Set up a proper accounting system, enforce financial control, prevent fraud in business, produce financial statements monthly, quarterly , revise the system
There is no need of budget to study the course but you need lots of practice in accounting to become knowledgeable in the basics to ensure business stays good Requirements
Able to understand basic accounting principles and able to maintain accuracy Description
DescriptionI am Vathani Ariyam; thank you for choosing my course "Basic Accounting for Small Business." I am a freelance accountant with many years of accounting experience. I have also seen and witnessed many businesses failing due to the lack of proper accounting procedures. Many entrepreneurs successfully set up businesses; they might have excellent skills in setting up businesses, marketing, maintain customer relationships, and winning over beautiful customers. But if they are not experienced and knowledgeable enough with various accounting systems for the company, getting the business off the ground is doubtful.You may be an...