How can we understand Money Flow? The path to help us with this leads to the discipline of accounting. It will helps to answer key questions on where and how money is allocated.

This will looks at the 3 key ways money comes in to a business. From share capital to profits to external bank finance each area will be considered.

Discover 3 places money is allocated to in the business from Fixed Assets and Investments to the crucial area of working capital.

Discover that there many different disciplines in accounting. A highlight of two of the most popular, financial accounting and management accounting.

The definition of management accounting and why it is essentially used for the benefit of the internal management of a business.

The definition of financial accounting and understanding who are its key external users.

Quick Recap of the progress in the topics from Section 2, Understanding Money Flows and how you can quickly see where money is allocated.

This lecture will highlight the 3 key financial statements in a business, that are the income statement, balance sheet and cash flow statement.

A business needs to show how it performs. This lecture introduces the key financial performance statement, the income statement.

Here we look at the income statement and what it tells us . We then look at how this is presented. This takes us into typical income statement formats and key terms.

Here we will look and learn about the Balance Sheet . What does a typical balance sheet look like? What sort of information does it contain. We will examine the different components of a balance sheet . We look at the balance sheet format.

A single equation underpins a mirror image of one of the key financial statements, the balance sheet. In this lecture we examine the unique accounting equation.

We focus on the best way money flows in. From profit. We look at key profit drivers. We look at other non financial areas that can contribute to business success.

Learn 8 different ways to increase profits in a business.

Understand the case study example and that an incremental combination of methods, not just one, will be used to increase profit.

Watch how a sales volume increase can increase the profits of a business more than the original volume increase.

This looks at a sales price increase on top of a sales volume increase. Be able to see how the incremental impact of both a sales volume increase, combined with a sales price increase can have a substantial effect on the profits of a business.

This examines the effect of reducing operating expenses and the bottom line impact. It shows how an incremental approach combined with volume and profit increases can have a significant effect on the bottom line.

This lecture provides a recap of the lectures in Section 4, on Making More Money and Increasing Profits.

A review of the financial statement that tells us where money is allocated. Also we review 3 of the key areas.

A look at the fixed assets that provide a longer term benefit. These can be either the tangible type and touchable or the in tangible type.

A review of one of the most crucial areas in a business where money is allocated, working capital. A full explanation of what it means and all its components. The lecture finished on tips for improving working capital.

This lecture does a quick recap of this Section 5, A Deeper Focus on Where Money is Allocated.

A look at the importance of cash flow versus sales revenue. Their has to be the right balance between cash coming in and cash going out. Ways of controlling cash are discussed.

This lecture looks at the importance of cash flow planning and how to do this. It discusses the importance of the cash flow statement and its key components.

This lecture moves into building a cash flow statement structure. It looks at how to start building a typical cash flow, its format and common headings.

This lectures introduces a case study with Millionaire Mac, the tycoon of the Mac Family. We learn the key issues surrounding a very important business order.

The first step in Millionaire Mac's case study example is to asses the profitability of the order. We find out exactly how profitable the order is. This is part of the decision making process.

In this lecture we use the information from the case study to build the cash flow statement. We build the cash flow statement and see that the business runs into cash flow difficulties despite the order's profitability.

This lecture looks at other options the business could have taken to improve cash flow. It also leaves no doubt that the profitability of a business order does not guarantee good cash flow.

The Going Concern concept is central to the preparation of the financial statements. We look at why that is and explain the concept.

This lecture reviews what the accounting profession means by prudence. We look at its impact on the assets, liabilities, profits and losses in a business and some practical examples.

The Matching Concept in accounting is another key concept. Here it is explained and there are some practical examples used to illustrate it in practice.

This is a review and recap of the key points in Section 7 , Accounting Concepts, Key Principles that Impact on Money Flow.

This lecture is in summary a recap and focus on the main areas of this course, "Mastering How Money Flows in a Business and Building Success".