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Course 102 - Finance Fundamentals for Business Brokers
Online
Credits awarded per Session. See individual Sessions for further details.
Credits awarded
Type
Name
Sub type
Value
Certificate awarded

About this item

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).

Other information

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