This course is designed to help you harness the power of accounting by teaching you the fundamental elements of accounting and business finance. It will give you a foundational introduction to basic accounting and finance terms, practices, and methods. This course will also teach you how to read, interpret, and understand the three major financial statements a dealership uses to tell its story: the balance sheet, the income statement, and the cash flow statement.

Content includes:

• Understanding and interpreting the three major financial statements commonly employed by dealerships: the balance sheet, the income statement, and the cash flow statement
• Understanding the basic principles and processes of business accountancy and finance
• Using the balance sheet, income statement, and cash flow statement to actively inform activity and productivity goals and measures
• Using the balance sheet, income statement, and cash flow statement to form conclusions, ideas, and hypotheses about the financial state of the dealership