Accounting Basics Workshop

Monday, October 2, 2017

Hour: 4:30 - 5:30 in Y2E2 105

Summary: We will review the basics of financial statements. As knowledge of basic accounting is useful for getting the most from E145, we will focus on the structure, terminology or process associated with financial statements.

Required Readings (if you don't have an accounting background)

MBA Mondays by Fred Wilson
  1. Accounting
  2. Balance Sheet
  3. P&L Statement
Understand basic financial ratios from Investopedia’s overview
  1. Profit Margin
  2. Return On Asset
  3. Current Ratio
  4. PE Ratio (price-earnings ratio)

+ understand Market valuation