o Describe the art of finance and financial management
o Explain key financial terms
o Determine your role in company finances
o Find the rules and regulations for your area and industry
o Discuss various types of financial reports, including income statements, balance sheets, cash flow statements, and statements of retained earnings
o Explain how a chart of accounts is created
o Tell the difference between cash and accrual accounting
o Explain single entry and double entry bookkeeping
o Differentiate between debits and credits
o Identify and analyze important financial data
o Make financial decisions
o Read annual reports
o Determine whether a company is financially high or low risk
o Recognize different types of organizational financial plans
o Explain what budgets are and how to prepare them
o Recognize what computer skills you need to make you a financial whiz
o Deal with financial situations that impact the people that work for you