Gain a solid understanding of the core aspects of accounting and finance to improve your ability to understand financial reports and better yourself as a manager.
For many managers and business owners accounting and finance can seem mystifying. You don't have to be a CPA or attend advanced accounting courses to handle your business and its functions better. In this short topic you'll learn all the basics of accounting that you need to keep your business moving forward. Now you'll be able to understand those reports and talk in more depth with your accountants, colleagues and advisors.
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Why Lorman?
Over 34 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
Agenda
The Basics of Accounting
- Basic Systems
- Why Conventions Are Important
Major Financial Statements
- Balance Sheet
- Income Statement
- Statement of Cash Flows
- How They Interconnect
- Making Sense of What You See
Using Financial Statement
- Ratio Analysis
- The Numbers Can Like: Accounting Conventions
- Introduction to Cost Accounting
Auditing and Tax
The Nitty Gritty: Bookkeeping
- Record Keeping
- Reconciliations
- Using Accounting Reports
How Finance Differs From Accounting
The Role Finance Plays in Modern Business
Different Types of Financing
How Accounting and Finance Interconnect
Legal Issues: Accounting and Finance
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Why Lorman?
Over 34 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
Credits
OnDemand Course
This course was last revised on November 5, 2018.
Call 1-866-352-9540 for further credit information.
This program does NOT qualify, nor meet the National Standard for NASBA accreditation.
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Why Lorman?
Over 34 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
Faculty

R. Shawn McBride
R. Shawn McBride Law Firm, PLLC
- Owner of the R. Shawn McBride Law Firm, PLLC and McBride For Business, LLC
- The R. Shawn is a go-to for business planning including the future of business
- He is a frequent speaker on business execution topics such as sales, blockchain, the future of business and effective partnerships
- Host of the Future Done Right™ show and podcast available on the Future Done Right™ YouTube® Channel
- Licensed to practice law in 12 states (and D.C.) and as a CPA in 3 states
- Author of the books Business Blunders and It’s About Time (on time management)
- J.D. degree, University of Maryland School of Law
- Can be contacted at [email protected], 214-418-0258, @mcbrideforbus on Twitter or www.linkedin.com/in/rshawnmcbride
More Program Information
Why Lorman?
Over 34 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

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