Preparing Financial Statements and Closing Accounts

Developing your financial acumen is a must in todays economy and improving your knowledge of accounting basics and financial management is a good first step. In this course youll explore the financial essentials that will enable you to understand key steps in the management of finance within the accounting cycle. Youll learn how once you’ve worked your way through recording transactions and posting to ledgers you’re ready to start preparing financial statements. Youll learn about Income Statements Balance Sheets Cash Flow Statements and how theyre interrelated. Youll also learn about the steps involved in closing accounts.