ENTREPRENEURIAL FINANCE AND ACCOUNTING (2/2 Credits)

Learning Outcomes:

On successful completion of this course, student will be able to:

1. Describe the accounting concepts and principles as a basis in the preparation of financial statements, the stages in the accounting cycle, and relevant types of financing and investors from each venture’s life stages.
2. Differentiate plant assets, liabilities, and equity of a company.
3. Apply financial statement in business.
4. Analyze the information stated in the financial statement, the venture’s value, and venture’s most suitable exit and turnaround strategies.
5. Explain the concept and methods relating to inventories and accounts receivable.
6. Identify the type of cost, the differences between service and merchandising companies, and also identify the steps in the accounting cycle for merchandising company.

Topics:

1. Fundamentals in accounting cycle
2. Inventories
3. The Financial Appraisal
4. The context of accounting 1
5. Some fundamentals in accounting
6. Adjusting Entries
7. Cash flow statements
8. The context of accounting 2
9. The Cash Flow Statements
10. The recording process
11. The financial statement analysis
12. Plant assets, natural resources, intangible asset, labilities, and equity
13. The context of accounting
14. Accounting for Merchandise Operation & Cost Concept 1
15. The accounting recording process
16. Accounting for Merchandise Operation & Cost Concept
17. Accounting for Merchandise Operation & Cost Concept 2
18. Financial statement analysis & Capital Cost
19. Harvesting the business venture investment
20. Adjusting the accounts
21. Accounting for receivable
22. Introduction to Entrepreneurial Finance
23. Financial appraisal
24. Inventory
25. Accounting for receivables