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Added:11/30/2015 1:05 PM
This course provides business intermediaries with an understanding of basic accounting terms and fundamentals. Learn how to read financial statements and tax returns, and apply the information to a business sale during this “boot camp” for those without formal accounting training. This course is highly recommended before taking course #210 and Course #220. There are no prerequisites for this course. (NOTE: this course was formerly titled IBBA 130: Accounting Basics for Business Brokers)
Credits awarded per Session. See individual Sessions for further details.
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Certificate awarded
$315.00
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This course provides business intermediaries with an understanding of basic accounting terms and fundamentals. Learn how to read financial statements and tax returns, and apply the information to a business sale during this “boot camp” for those without formal accounting training. This course is highly recommended before taking course #210 and Course #220. There are no prerequisites for this course. (NOTE: this course was formerly titled IBBA 130: Accounting Basics for Business Brokers)
Course/Activity Information
When you complete this course, you should be able to:
- Recognize common accounting and financial terminology.
- Describe the purpose and key components of the balance sheet, income statement, statement of cash flows, bookkeeping documents, and income tax returns.
- Feel comfortable reviewing small business financial statements (sales of less then $1 million).
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