New Horizons Computer Learning Center
410-597-9722

Financial Management: Basic

Course Length: 1 Day

Overview:
In this course, students learn to budget and make sound financial decisions by analyzing financial statements, setting objectives, and monitoring performance.

Course Objectives:
Upon successful completion of this course, students will be able to:

• Define accounting, its need, and the key accounting terms
• Identify phases of the accounting cycle and types of accounting records and analyze and post transactions, prepare a Trial Balance and identify financial statements created from the Trial Balance
• Identify, create and interpret an Income Statement
• Identify and prepare a Balance Sheet and use it to calculate the liquidity and the debt-to-total-assets ratio
• Identify and prepare a Cash Flow Statement and a Statement of Stockholders' Equity
• Identify and practice budgeting by analyzing financial statements, setting objectives, and monitoring performance

Course Content

Lesson 1: Basics of Accounting

• Accounting
• Key accounting terms

Lesson 2: Accounting Cycle

• Basics of the accounting cycle
• Analyze, record, and post transactions
• Trial Balance

Lesson 3: Income Statement

• Income Statement basics
• Prepare and interpret an Income Statement

Lesson 4: Balance Sheet

• Balance Sheet basics
• Prepare Balance Sheets
• Interpret Balance Sheets

Lesson 5: Other Financial Statements

• Cash Flow Statement
• Statement of Stockholders' Equity

Lesson 6: Budgeting

• Fundamentals of budgeting
• Analyze financial statements
• Set objectives
• Monitor performance

6940 Tudsbury Road, Baltimore, MD 21244
P: 410-597-9722
www.nhbaltimore.com