Accounting for CEOs- Owners of a company or starting a company on your own-
  • Understanding Financial Statements
    • Balance Sheet
  • (Assets = liabilities + Owners' Equity)
    • Double Entry Accounting
    • Income Statement
  • Chart of Accounts
    • Balance Sheet
  • Cash Flow Projections / Budgets
    • Great Tips (Cash Management & Internal Controls)
  • The Accounting Cycle
  • Reports To Look At On A Monthly Basis
  • Filing System (Audit Trail)
  • Bank Reconciliation
  • Good Record Practices - Due Diligence / Audit
  • GAAP - Generally Accepted Accounting Principles
  • Cash Based Vs. Accrual Based Accounting
  • Creating the Right Environment
  • Keeping FOCUSED - Exercise
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