Our Location
304 North Cardinal St.
Dorchester Center, MA 02124
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1. Introduction
2. Definitions of Key Financial Terms
3. Sources of Funds
4. Uses of Funds
5. Trading and Profit & Loss Accounts
6. Balance Sheet
7. Legal Requirements
8. Balance Sheet Terms and Ratios
9. Budgeting
10. Cash Flow
11. Cash Budgeting
12. Stock Control
13. Conclusion
14. Final Memory Checklist
1. Introduction
- Primary purpose of a commercial business is to make profit through trading.
- Successful businesses need effective financial management.
- Main areas: sources of funds, uses of funds, trading and profit & loss accounts, balance sheets, ratios, cash flow, cash budgeting and stock control.