Finances and business accounting
Successful business management is not possible without basic knowledge in the field of finances, book-keeping, taxation. The present guide has the mission to promote information on: the amount of financial resources needed to start a business, ways of evaluating the activity results, forms and methods of recording revenues and expenses, correct way of calculating taxes, according to the legislation in force. Knowing this information, entrepreneurs will be able to reach the expected resources. The guide will be also useful for both the instructors who will train start up entrepreneurs and people who have already some knowledge in this field.
Objective: To facilitate the work of instructors in consulting entrepreneurs on:
Business financing and estimation of business efficiency;
Creation of a simple and reliable accounting system;
Formation of abilities to correctly calculate an pay taxes in a timely manner.
Annotation: The guide includes three compartments: finances, accounting, taxation. The first compartment examines the sources of financing and presents the categories and basic financial indicators. There are also discussed practical examples of determining financial results of the enterprise. The second compartment is dedicated to the formation of accounting concept of the entrepreneurial activity. Entrepreneurs should know the following: how from a simple economic transaction made based on a document one can record in accounting documents an make financial reports. The compartment also describes the types of economic operations, methods of their systematization and the methodology of developing and submitting financial reports. The third compartment familiarizes entrepreneurs with sources of information concerning taxation, types of taxes applied on the territory of the country and methods of tax calculation. An important moment is training of start up entrepreneurs on fiscal privileges, in order to diminish the fiscal burden. Forms and methods of training: impeccable logic, interesting form of teaching, general “financial” language, as well as use of dialogues, slides, schemes, drawings, tests, practical exercises, examples - these are the methodic tools used in training. Knowledge evaluation may be done in an eminent atmosphere with the help of dialogues, tests, and various problems and practical exercises.
Objective: After studying the material both potential and existent entrepreneurs will be able to:
-
determine the amount of financial resources necessary to start a business;
-
determine possible financial resources for business financing;
-
study capital circulation, use of resources, value formation and price determination;
-
profit planning and identifying the breakeven point for business.
The manual is available only in Romanian
