Accounting

Chapter Description

Accounting is vital for running a business because it allows the company to track income and expenses, maintain statutory compliance, and offer calculable financial information to investors, management, and the government to make informed business choices.

This chapter will introduce basic accounting fundamentals, financial statements, the difference between types of financial professionals, accounting software, and taxes.

Topics & Lessons

Each Below Topic Contains a Video Lesson and Helpful Downloadable Information

9:32

Basic Accounting

5:29

Financial Statements

12:31

Common Accounting Questions and Errors

4:07

Accountants, CPAs, and Bookkeepers

6:44

Accounting Systems and Software

6:36

Taxes (Links to Taxes/IRS Videos)

7:08

Why it Matters

6:03

Types of Tax Obligations

11:18

Franchise & Excise Taxes

6:35

Payroll Taxes

3:16

Sales Tax

6:45

IRS and State Tax Resources and Due Dates

5:26

Selecting a Business Tax Professional

Test Your Knowledge

To receive credit for taking this course through TSBDC, take the quiz below to demonstrate your knowledge.

Want to learn more about how this topic relates to your business?

Schedule a meeting with one of our consultants! All counseling sessions offered by the TSBDC are no-cost and provided by our staff of professional business consultants.