Certificate in Entrepreneurship
About Course
This online certificate program introduces key issues in entrepreneurship for those looking to start a business on their own. What does it take to build and grow a business from scratch? What personal characteristics are shared by successful entrepreneurs? What types of resources are available to budding entrepreneurs, and where can you find them? Learners who complete this program will have the answers to those questions and others that are essential to the success of their businesses. This certificate is suitable for new business owners, as well as anyone considering the challenges of entrepreneurship.
Refund Policy
Notes
Estimated time to complete: 25 hours
This course includes an “Ask the Expert” feature. You can use this feature to submit questions about course content. A subject matter expert will provide guidance or point you to additional resources for the topics you’re studying. Questions are answered as quickly as possible and usually within 24 hours.
As an IACET Accredited Provider, MindEdge offers IACET CEUs for its learning events that comply with the ANSI/IACET Continuing Education and Training Standard.
Learners must achieve an average test score of at least 70% to meet the minimum successful completion requirement and qualify to receive IACET CEUs.
Course Content
Accounting and Finance for Entrepreneurs
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Understand and explain the assumptions and principles that underlie Generally Accepted Accounting Principles (GAAP)
00:00 -
Understand and explain the rules of double-entry accounting
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Calculate the balance of the account
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Define the steps that make up the accounting cycle
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Describe the relationship between the major financial statements that make up an annual report
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Explain the role of finance in the entrepreneurial process
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Understand the importance of budgeting and financial planning
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Identify and explain the three major pricing strategies
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Define and distinguish between fixed and variable costs
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Calculate the components of a master (static) budget
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Prepare a cash budget
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Prepare and analyze pro forma financial statements
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Develop a basic financial plan
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Use pro forma financial statements to evaluate a new venture
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Explain the factors and assumptions involved in break-even analysis
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Calculate Return on Investment (ROI) and payback period
00:00