Video from our FREE Online Business Course
http://www.myownbusiness.org
Session 8 Accounting and Cash Flow
Question:
“Why is a good understanding of accounting important for running your own business?”
Maureen Costello
Wholesale Distributor
Topics covered in this video:
Understanding business accounting, cash flow, taxes, loans
Transcript:
I think that if an entrepreneur doesn’t have a good understanding of accounting there will be a very high [...]
The accounting industry is very broad, and accountants can go into any industry, whether it’s health care, technology or banking. Learn about public accounting and private industries with help from a certified public accountant in this free video on accounting careers.
Expert: Miranda Chook
Bio: Miranda Chook is a CPA with expertise in international operations.
Filmmaker: Bing Hugh
Duration [...]
Video from our FREE Online Business Course
http://www.myownbusiness.org
Session 8 Accounting and Cash Flow
Question:
“If someone doesn’t know anything about accounting, how would you suggest they go about learning it?”
Stan Henslee
Certified Public Accountant (C.P.A.)
Topics covered in this video:
Learning business accounting, community college, adult education, software
Transcript:
I would go to one of the community colleges, a regional occupational program [...]
The first step in creating a balance sheet for a small business is to calculate their assets, whether they’re short-term or long-term, and their liabilities. Find out what is contained within the owner’s equity portion of a balance sheet, such as retained earnings, with help from an experienced accountant in this free video on balance [...]
