We will teach you how to create a transparent system of company finances in order to understand where expenses are spent and how much the business earns. We will explain how to work with accounting and distinguish a good specialist from a bad one. We will tell you how to properly plan expenses and predict cash gaps.
What you will learn
Understand terminology
Learn to use financial terms, check the work of an accountant and set tasks for him correctly.
Read reports correctly
You will get acquainted with accounting, tax and management reporting, learn to distinguish them from each other and be able to find the necessary data in them.
Build a financial model
Learn how to build a competent financial model of a business in order to plan hiring employees, income, expenses and tax costs.
Work with a balance sheet and cash flow statement
Learn to count the assets and liabilities of a business. You will understand how to draw up a balance sheet and a cash flow statement. You will be able to assess the financial situation and avoid a cash gap.
Comply with tax laws
Understand tax systems and learn how to avoid fines and penalties.
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