Part 1 – "A Dream of Future Wealth" - Session 1

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Table of contents

Part 1 – "A Dream of Future Wealth" - Session 1

Course Materials

What’s the Structure of the Course?

Example from Part 1: Model 106

Example from Part 2: Model 201

Model 208 Challenge Scoreboard: Competing Across the Internet

What Will I Learn?

Model 101 - Sales and Receipts

Model 101 - Introducing Sales and Receipts

Water Tanks and Pipes

Starting up a Business Flight Simulator Model

Changing Sales and Receipts Delay

Model 101 – Some Key Questions

Model 101 Definitions

Model 101 Test Paper

Model 102 - The Balance Sheet Balances

Model 102 – A Closed System

The Rules of Engagement

Model 102 - A Business with No Costs

Model 102 – Blue Matches Red

The Balance Sheet Balances

The Balance Sheet

Undistributed Profits

Model 102 Definitions

Model 102 Test Paper

Model 103 - A Simple Set of Accounts

Model 103 – Introducing a Simple Set of Accounts

A Recent Business History

Profit and Loss Account

Debtors Analysis

Undistributed Profits Analysis

Some Fundamental Accounting Principles

Model 103 Test Paper

Model 104 - Costs and Payments

Model 104 - Introduction

Model 104 - Introducing Costs and Payments

Introducing Gross Profit

Introducing Cash Flow

Model 104 – Financial Accounts

Model 104 – Questions to Explore

Model 104 - Definitions

Model 104 Test Paper

Learning Outcomes and Reviewing Your Progress

Learning Outcomes from Session 1

Your Test Results

Reviewing Your Personal Progress in the Tests

Enabling your Trainer to View Overall Performance

Identifying Areas for Follow Up