Money is at the core of all businesses. Companies generate it, receive it, use it, and disburse it. Successful businesses know the status of their finances. Applying basic accounting principles and procedures to your business will help you track your finances and improve your competitive position.

This five part series will introduce you to the language and process of accounting. You will learn how to record data in journals and ledgers, and prepare financial statements. This financial information will affect such decisions as the money dispersed to stockholders or executives, the selling price of products, the performance of departments within your company, and the taxes you pay. This course will help you make more informed decisions about the well-being of your business, and put you on the right track for achieving success.