12 Accounting and Finance Topics For Entrepreneurs

Let's face it all entrepreneurs need to understand some finance basics. A good start for entrepreneurs would be to get a good grasp of the following 12 accounting and finance topics:
1. Generally Accepted Accounting Principles (GAAP):
2. Rules of Double-Entry Accounting
3. The Accounting Cycle.
4. Relationship of Financial Statements.
5. Financial Planning and Budgets.
6. Calculating the Master Budget.
7. The Cash Budget.
8. Pro Forma Financial Statements.
9. The Financing Plan.
10. Evaluating New Ventures.
11. Break-even Analysis.
12. Return on Investment and Payback Period.

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