Financing a Business

• Sources of finance
• Applying for finance
• Fixed and working capital
• The risks of business enterprise
• The services of banks to the business community

Keeping the Books of a Business

• Bookkeeping records
• The simplex system
• Double-entry bookkeeping
• Cash flow
• The profits of a business
• The trial balance of a trading business
• The trading account
• The profit and loss account
• The balance sheet
• The role of accounting
• The interpretation of final accounts
• The gross profit percentage
• The rate of stock turnover
• The net profit percentage and expense ratios
• The interpretation of the balance sheet