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  • Accounting Basics

    Accounting Basics Understand the basics of bookkeeping and accounting.

  • Managing Your Cashflow

    Profit is different from Cash. This is a must-understand principle for business owners.

  • Understanding Your Financial Statements

    What are the key financial statements for your business? How do you read or interpret them?

Instructor(s)

Lead Coach; Smart Stewards

Sola Adesakin FCA FCCA CPA MBA

Sola is a multi-dimensional Author, Speaker and Finance Expert, experienced and versatile Chartered Accountant with about 17 years hands-on experience on Personal and SMEs finance. She is a Personal Finance Coach, Trainer and Conference/Seminar Speaker. Through her blog and The Smart Stewards Academy, (www.smartstewards.com), She has helped many men and women bounce back from stress to rest and from debt to wealth. She holds a BSC in Applied Accounting from Oxford Brookes University, United Kingdom. She is a Fellow of the Institute of Chartered Accountants of Nigeria (ICAN) and also a Fellow of the Association of Chartered Certified Accountants of the United Kingdom (ACCA). She is a Member of the Chartered Professional Accountants of Canada (CPA) and she also holds an MBA from the Edinburgh Business School (Heriot-Watt University) Scotland. Sola is the Managing Partner of BookSmart Financial Solutions; an SME friendly Accounting firm and also the Founder and Lead Coach of Smart Stewards; a platform for teaching sound principles on personal finance management especially for women. She organizes financial planning trainings for staff of companies and also consults for high networth individuals. She has authored 8 books, her latest being "Fit to Fly Financial Plan," which comes free, as part of a course starting on 1st July 2020. Other books authored by Sola, include, "May I Have My Money," “The Real Profit," "40 Frugal Rules For Your Journey To Financial freedom" and "A Practical and Pragmatic Guide For Wealth Management." Her books are available on Amazon (in digital and paper back formats) and other leading book distributors. Sola hosts Smart Stewards Podcasts, on Anchor, where she shares quick tips on finance https://anchor.fm/solaadesakin She is a recipient of the Women X Scholarship, an initiative of the World Bank and Pan Atlantic University for Female Entrepreneurs. She has also been recognised by The Guardian Nigeria News as one of Nigeria's 100 Most Inspiring Women for the year 2020.

Course curriculum

  • 1

    Welcome To The Course

    • Welcome Video

    • How to use this course

    • Smart Stewards Legal Terms And Privacy Policy 2020

    • Quick Survey: Before We Begin...
  • 2

    Introduction

    • Bookkeeping For Small Business Owners ( 2 mins Read)

    • Your Success : My Passion (2 Mins Read)

    • The Business Model Canva: Eyes On The Profit (2 Mins Read)

    • The Business Model Canvas (Download)

    • The Importance Of Small Businesses (Optional) 4 Mins Read
  • 3

    The Basics Of Business Finance

    • Introduction To Business Finance

    • What's Your Business Type? (2 Mins Read)

    • Applicable Taxes For Small Business (2 Mins Read)

    • Other Taxes Your Should Know About (2 Mins Optional Read)

    • A Story relating to Accounting Basics
  • 4

    Module 1- Accounting: Preparing and Understanding Financial Statements

    • Understanding The Elements of Profitability

    • 2.1 The 5 Basic Accounting Classifications

    • 2.2 Types of Financial Accounting Information

    • 1.3 The Income Statement( Profit & Loss Account)

    • 1.4 Income Statement Example

    • 1.5 Statement of Financial Position/ Balance Sheet

    • 1.6 Balance Sheet Sample

    • 1.7 CashFlow Statement

    • 1.8 CashFlow Statement

    • 1.9 Cash Is Not Profit!

    • 1.10 Budgeting
  • 5

    Module 2 : The Different Elements Of Bookkeeping And Accounting

    • Source Documents To keep In Your Business Finance

    • 1.1 : Whats the Difference Between Bookkeeping & Accounting?

    • 1.2 Bookkeeping: The Art of Keeping Financial Records

    • 1.3 What should my record-keeping system include?

    • 1.4 Why Should I Keep Records?

    • 1.5 Petty Cash

    • 1.6 Others
  • 6

    Module 3 : Financial Statements : Definition of Terms

    • 3.1 Definition of Terms: Assets

    • 3.2 Definition of Terms : Liabilities

    • 3.3 Definition Of Terms : Capital or Owners Equity

    • 3.4 Interpreting The Statement of Financial Position figures

    • 3.5 Frequency of Reporting of Financial Statements And Basic Ratios

    • 3.6 How to Interpret a Financial Statement (Optional)

    • 3.7 QUIZ
  • 7

    Module 4: Automating/Computerizing Your Accounting Systems

    • Automating Your Finances (Using Waves)

    • 4.1 Why Should You Automate Your Accounting Systems?

    • 4.2 Advantages of Using An Accounting Software

    • 4.3 The Wave App Accounting Software (External Source)

    • 4.4 What To Expect From Using Waveapp Accounting Software

    • Waveapp Manual (External Document)
  • 8

    Module 5 : Personal versus Business Finance

    • Separate your Personal From Business Finance

    • 5.1 Separate your Personal From Business Finance
  • 9

    Module 6 : Funding For Small Business Owners

    • Raising More Money For Your Business

    • 6: 1 Raising Funds For A New Business Or Additional Funds For An Existing Business

    • 6: 2 The Business Plan
  • 10

    Module 7: Place: Serving From The Right Place

    • PLACE: WHERE IS YOUR BUSINESS LOCATED?
  • 11

    Module 8: Power of Collaboration

    • 8.1: People Connection And The Power Of Collaboration
  • 12

    Module 9: Product: Offering The Right Products And Services

    • 9.1 Product: Right Fit?
  • 13

    Bonus Module (Personal Finance Resource Materials)

    • You Need To Familiarize Yourself With Your Finances! (Free E-book)

    • Free E-book Download

    • The Beast Mode Approach For Your Personal Finance

    • More Resources

    • Before you go...

Pricing Details

Best pricing for a course that teaches all you need to know about bookkeeping and accounting for your business