
Financial Management-Small Business
Course Number: 10145186
Credits: 3.00
Course Description
10-145-186 FINANCIAL MANAGEMENT-SMALL BUSINESS ...the importance of good recordkeeping systems, reports, and the records necessary for a small business. Financial analysis techniques are explored through hands-on Income statements and cash flow projections for small businesses.
Course Typically Offered
Most NWTC classes are offered in 8-week sessions. Learn more about how our class schedule can help you succeed.
Course Competencies
- Identify the basic requirements for an accounting system.
- Explain the economic relationship between government and business.
- Interpret Basic Financial Reports.
- Compute Current or Pro Forma Financial Statements.
- Identify the issues in managing a firm's cash flows.
- Describe the capital budgeting practices of small firms.
- Assess a firm's operating profitability ratios.
- Explain the key issues in managing accounts receivable, accounts payable and inventory.
- Explore Sources of Financing/Funding.
- Classify business risks according to the assets they effect.