Module 1: Financial Foundations
In Module 1: Financial Foundations you’ll learn:
- The theory and practical application behind buidling your chart of accouts and how these decisions impact all of your reports and metrics;
- How to run and identify red flags from your Profit & Loss report;
- Learn the language of business finance, focusing on key terms such as gross profit, gross margin, and others that appear in the profit and loss statement, and chart of accounts;
- Review KTC’s standard chart of accounts as a menu of options; slim down this format to meet your needs;
- Create your own standardized chart of accounts that you will use as a structure for your financial review and budgeting in 2023;
- A sneak peek of how this all drives budgeting as a process.
To take this course virtualy, watch and download the following Slide Decks and tools for each of the modules below.