Financial projections 2011 hu

Financial Projections HACC Institute for Entrepreneurial Studies David McNaughton 221-1213 [email_address]

[object Object],[object Object]

[object Object],[object Object],[object Object],[object Object],[object Object]

Expectations from this class ,[object Object],[object Object],[object Object],[object Object],[object Object]

Reason to Keep Records ,[object Object],[object Object],[object Object],[object Object],[object Object]

Outside Help ,[object Object],[object Object],[object Object]

Personal Budgeting ,[object Object],[object Object],[object Object],[object Object]

Personal Budget Preparation ,[object Object],[object Object],[object Object],[object Object],[object Object]

Minimum Living expenses ,[object Object],[object Object],[object Object]

Vocabulary (The Basics) ,[object Object],[object Object],[object Object]

Vocabulary (The Basics) ,[object Object],[object Object],[object Object],[object Object]

Vocabulary (The Basics) ,[object Object],[object Object],[object Object],[object Object],[object Object]

Vocabulary (The Basics) ,[object Object]

Business Records ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Sales Record ,[object Object],[object Object],[object Object]

Cash Receipts ,[object Object],[object Object],[object Object]

Cash Disbursements ,[object Object],[object Object],[object Object],[object Object],[object Object]

Accounts Receivable ,[object Object],[object Object],[object Object]

Capital Equipment ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Insurance ,[object Object],[object Object],[object Object]

Payroll ,[object Object],[object Object]

Ways to keep track of records ,[object Object],[object Object]

List of records to keep ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

List of records to keep ,[object Object],[object Object],[object Object],[object Object],[object Object]

List of records to keep ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

List of records to keep ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

How records are kept ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Cash Accounting vs Accrual ,[object Object],[object Object],[object Object],[object Object],[object Object]

Financial Statements Balance Sheet Income Statement (or Profit Statement) Statement of Cash Flow

Order of Importance ,[object Object],[object Object],[object Object]

Balance Statement Review Uses (Assets = Liabilities + Worth) Represents a snapshot at a specific time Shows what you own and what you owe

Balance Sheet Format ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Balance Sheet - Terminology ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Balance Sheet - Terminology ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Income Statement Review Sales – Costs – Expenses = Income For a Period of Time Usually a Quarter or Year

Income Statement Format (Traditional) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Cash Flow Statement Think of as a Check Register Summary Shows cash in, cash out, and balance.

Ratios ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

More Ratios ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Financial Projection Tool ,[object Object]

Financial projections 2011 hu

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