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Financial Projections HACC Institute for Entrepreneurial Studies David McNaughton  221-1213  [email_address]
[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object],[object Object]
Expectations from this class ,[object Object],[object Object],[object Object],[object Object],[object Object]
Reason to Keep Records ,[object Object],[object Object],[object Object],[object Object],[object Object]
Outside Help ,[object Object],[object Object],[object Object]
Personal Budgeting ,[object Object],[object Object],[object Object],[object Object]
Personal Budget Preparation ,[object Object],[object Object],[object Object],[object Object],[object Object]
Minimum Living expenses ,[object Object],[object Object],[object Object]
Vocabulary  (The Basics) ,[object Object],[object Object],[object Object]
Vocabulary  (The Basics) ,[object Object],[object Object],[object Object],[object Object]
Vocabulary  (The Basics) ,[object Object],[object Object],[object Object],[object Object]
Vocabulary  (The Basics) ,[object Object],[object Object],[object Object],[object Object],[object Object]
Vocabulary  (The Basics) ,[object Object],[object Object],[object Object],[object Object]
Vocabulary  (The Basics) ,[object Object],[object Object],[object Object],[object Object]
Vocabulary  (The Basics) ,[object Object],[object Object],[object Object],[object Object],[object Object]
Vocabulary  (The Basics) ,[object Object]
Business Records ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Sales Record ,[object Object],[object Object],[object Object]
Cash Receipts ,[object Object],[object Object],[object Object]
Cash Disbursements ,[object Object],[object Object],[object Object],[object Object],[object Object]
Accounts Receivable ,[object Object],[object Object],[object Object]
Capital Equipment ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Insurance ,[object Object],[object Object],[object Object]
Payroll ,[object Object],[object Object]
Ways to keep track of records ,[object Object],[object Object]
List of records to keep ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
List of records to keep ,[object Object],[object Object],[object Object],[object Object],[object Object]
List of records to keep ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
List of records to keep ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
How records are kept ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Cash Accounting vs Accrual  ,[object Object],[object Object],[object Object],[object Object],[object Object]
Financial Statements Balance Sheet Income Statement  (or Profit Statement) Statement of Cash Flow
Order of Importance ,[object Object],[object Object],[object Object]
Balance Statement Review Uses (Assets = Liabilities + Worth) Represents a snapshot at a specific time Shows what you own and what you owe
Balance Sheet Format ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Balance Sheet - Terminology ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Balance Sheet - Terminology ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Balance Sheet
Income Statement Review Sales – Costs – Expenses = Income For a Period of Time Usually a Quarter or Year
Income Statement Format (Traditional) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Income Statement
Cash Flow Statement Think of as a Check Register Summary Shows cash in, cash out, and balance.
Cash Flow Statement Format
Ratios ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
More Ratios ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Financial Projection Tool ,[object Object]

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Financial projections 2011 hu