Finance is the pulse of any business. Entrepreneurs head out to pursue their passion but to survive in the long run, innovation, ground-breaking products and stellar sales might not be enough. In order to sustain, thrive and grow, founders need to get a hang of their financials, cash flows, and budgeting.
An extremely crucial business function that cannot be overlooked is 'Accounting'. An attempt to record, process and comprehend your business position in time through the medium of numbers, accounting needs to be understood by every startup founder on a managerial level.
This session will help you understand the basic principles of accounting and the three important financial statements, i.e. Profit & Loss Account, Balance Sheet and Cash flow Statement followed by a case study.
Participants will also be given practical exercises as the session progresses to test their learning.
Note: Snacks on the house. Participants are requested to carry a notepad and a pen.