Intro To Your Business’s Financial Management System: Start Putting Your Numbers To Work

Course Abstract

Every MSP knows the importance of having an efficient financial management system for their business – but how do you build a back office that’s scalable and fuels actionable financial insights?

Let’s start with the basics. This course is designed to teach you the fundamentals of a solid financial management system. In 40 minutes, GrowthForce CEO Stephen King will cover the 3 basic financial statements, why you need both bookkeeping and accounting, and the difference in financial management roles.

Course Learning Outcomes

  1. What Financial Reports Business Owners Should Be Looking At To Make Decisions
  2. The Differences Between Income Statements, Balance Sheets & Cash Flow
  3. How To Get Actionable Intelligence From A Financial Management System
  4. Accrual Basis Vs. Cash Basis
  5. The Difference Between Accounting and Bookkeeping
  6. Who Does What In A Financial Management System And How They Support Each Other