Finance & Accounting Learning Intentions

Please use the traffic lights to indicate how well you understand the following learning outcomes.

* 1. Your name

* 2. How well do you understand the following?

  I don't know where to start. I am having some trouble with this. I need a little more work. I am confident about this.
What revenue is
What an expense is
How to calculate profit
What Gross Profit is
What Net Profit is
What an Income Statement looks like
What is shown in a Balance Sheet
What an Asset is
The difference between a current and non current asset
What a liability is
I know what owners Equity is
What the Accounting Equation is
Purpose of a Cash Flow Statement
The difference between cash flow and profit
How to improve cash flow of a business
What the cash cycle is
What a Cash Budget is
What the purpose of a Cash Budget is
How to use surplus funds generated in a business
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